Hello, I have a panel data of less than 100 observations. The dependent variable is stock market returns and independent variables are firm characteristics (some binary variables and some numerical values). I have multiple observations for several of the firms in my sample so I need to run an OLS regression with standard errors that are clustered by firm. So far I have the following code but I am not sure if proc genmod actually accomplishes what I am trying to do. I would really appreciate any help! proc genmod DATA=firmreg; class firm_id; model return = var1 var2 var3 var4 var5 var6 var7; repeated subject = firm_id/type=ind; run; quit;
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