[Gretl-users] Dealing with heteroskedasticity

[Md . Mohan Uddin]

*Dear Gretl Community,

(1) In Gretl there is an option "Robust standard error" for correcting for
heteroskedasticity.

(2) I can see that there is another option from: Model>other linear
model>heteroskedasticity corrected... in GUI.

My question is when can I use (1) ** "Robust standard error" and when** (2)
**Model>other linear model>heteroskedasticity corrected... for correcting
for heteroskedasticity.*
*
Pls consider that I am not much experienced user.

*Md. Mohan Uddin

Dear Gretl Community,

(1) In Gretl there is an option "Robust standard error" for correcting for heteroskedasticity.

(2) I can see that there is another option from: Model>other linear model>heteroskedasticity corrected... in GUI.

My question is when can I use (1)  "Robust standard error" and when (2) Model>other linear model>heteroskedasticity corrected... for correcting for heteroskedasticity.

Pls consider that I am not much experienced user.

Md. Mohan Uddin