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Arellano-Bond test for AR(1) in first differences: z = -1.06 Pr > z = 0.291
Arellano-Bond test for AR(2) in first differences: z = 0.54 Pr > z = 0.589
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Sargan test of overid. restrictions: chi2(10) = 37.86 Prob > chi2 = 0.000
(Not robust, but not weakened by many instruments.)
Difference-in-Sargan tests of exogeneity of instrument subsets:
GMM instruments for levels
Sargan test excluding group: chi2(9) = 34.86 Prob > chi2 = 0.000
Difference (null H = exogenous): chi2(1) = 3.00 Prob > chi2 = 0.083
iv(L3.house_prince)
Sargan test excluding group: chi2(9) = 37.73 Prob > chi2 = 0.000
Difference (null H = exogenous): chi2(1) = 0.13 Prob > chi2 = 0.714