In dictionaries:
Clustered standard errors
(or Liang-Zeger standard errors) measurements that estimate the standard error of a regression parameter in settings where observations may be subdivided into smaller-sized groups ("clusters") and where the sampling and/or treatment assignment is correlated within each group.
Heteroskedasticity-consistent standard errors
The topic of heteroskedasticity-consistent standard errors arises in statistics and econometrics in the context of linear regression and time series analysis.
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