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Nov 9, 2015 at 15:25 comment added ChinG Thanks. In a sense, they can mean anything that is individual specific that does not vary with time.
Nov 9, 2015 at 15:24 vote accept ChinG
Nov 9, 2015 at 15:17 comment added Christoph Hanck As I wrote, like other intercepts: so, the predicted values (for individual $i$) if the $x_{it}=0$, thus also the same units.
Nov 9, 2015 at 15:16 comment added ChinG Thanks. What do those intercepts mean? Are these measured in units of the y-variable? I understand what the fixed effects mean econometrically, but what do they mean intuititively?
Nov 9, 2015 at 15:12 history answered Christoph Hanck CC BY-SA 3.0