Hi there,
I am currently having issues with collinearity of fixed effects in my 'reghdfe- regression'. I read online that the 'doflist- comannd' (Degrees of freedom adjustments) could help. Yet I do not know how to implement that command in my regression.
The do-file for the regression looks like this:
eststo FullSample: reghdfe CashtoAt TXUNCER fiveyearRTC fiveyearCASHETR fcons nol lossfirm NWC lev EBITDA MTBR size divpo capEx aquist atCF resDev, absorb(industry* year*) vce(cluster gvkey fyear)
Where and how could I implement doflist now to control for collinearity ??
I would be very grateful for any reply. Thanks in advance.
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