Replacement procedure for proc model

[JohnRidge]

Hi,

Previously I used the proc model procedure to get newey west corrected standard errors. However at my new employer the proc model procudure is not recognised (we are running SAS 9.4 / SAS Enterprise Guide 7.1). Can anyone recommend an alternative procedure? Here is the codeI was running:

ods trace on;

         proc model data=WORK.GFC_COMMONALITY_DATA;

         endo ChgPropBidAsk;

         exog WeightedChgPropBidAsk_Sum;

         instruments _exog_;

         parms b0 b1;

         ChgPropBidAsk =b0 + b1*WeightedChgPropBidAsk_Sum;

         fit ChgPropBidAsk / gmm kernel=(bart,3,0) vardef=n;

by LXID;

run; 

ods trace off;

ods output ParameterEstimates=want;

 proc model data=WORK.GFC_COMMONALITY_DATA;

         endo ChgPropBidAsk;

         exog WeightedChgPropBidAsk_Sum;

         instruments _exog_;

         parms b0 b1;

         ChgPropBidAsk =b0 + b1*WeightedChgPropBidAsk_Sum;

         fit ChgPropBidAsk / gmm kernel=(bart,3,0) vardef=n;

by LXID;

run; 

ods output close;

Many Thanks!

John

[Rick_SAS]

To clarify: PROC MODEL is part of SAS/ETS software. It sounds like your new employee does not have a license for SAS/ETS.