| run_config {RCTS} | R Documentation |
Wrapper around the non-parallel algorithm, to estimate beta, group membership and the factorstructures.
Description
The function estimates beta, group membership and the common and group specific factorstructures for one configuration.
Usage
run_config(robust, config, C_candidates, Y, X, choice_pic, maxit = 30)
Arguments
robust |
TRUE or FALSE: defines using the classical or robust algorithm to estimate beta |
config |
contains one configuration of groups and factors |
C_candidates |
candidates for C (parameter in PIC) |
Y |
Y: NxT dataframe with the panel data of interest |
X |
X: NxTxp array containing the observable variables |
choice_pic |
indicates which PIC to use to estimate the number of groups and factors: options are "pic2017" (uses the PIC of Ando and Bai (2017); works better for large N), "pic2016" (Ando and Bai (2016); works better for large T) weighs the fourth term with an extra factor relative to the size of the groups, and "pic2022" which shrinks the NT-space where the number of groups and factors would be over- or underestimated compared to pic2016 and pic2017. |
maxit |
maximum limit for the number of iterations |
Value
list with the estimators and metrics for this configuration