It has been suggested by Angrist and Pischke that Robust (i.e. robust to heteroskedasticity or unequal variances) Standard Errors are reported as a matter of course rather than testing for it. Two questions:
(1) What is impact on the standard errors of doing so when there is homoskedasticity? (2) Does anybody actually do this in their work?
- What is impact on the standard errors of doing so when there is homoskedasticity?
- Does anybody actually do this in their work?