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In biostatistics, fixed-effects may mean population-average effects. In econometrics, fixed-effects may represent the observed quantities in terms of explanatory variables that are treated as if the quantities were non-random.
3
votes
Why do random effect models require the effects to be uncorrelated with the input variables,...
From what I know, the random effects is a sort of extension of an OLS model, in which the constant is included in the vector of regressors, and the error is composed by both an unobserved effect (time …
2
votes
1
answer
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Is my parameter estimate significant or not?
DISCLAIMER: This question was sent to Stata list today, but so far nobody has answered.
NOTE: I use Stata here, but actually I don't think the question is software-specific.
Hi,
I would appreciate …
3
votes
1
answer
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Should I test for all the OLS assumptions for a pooled OLS from panel data?
As the title says, I need to perform a Pooled OLS, a Fixed effects and a Random effects analysis. In the case of a normal OLS, one should test for normality, collinearity, homoscedasticity, linearity …