is correlated with your independent variables, Pooled OLS estimates suffer from .
panel variable: idcode (unbalanced) time variable: year, 68 to 88, but with gaps delta: 1 unit
Convert your dataset to a long format using reshape long . stata panel data
For the NLSW data:
This public link is valid for 7 days and shares a thread, including any personal information you added. This link or copies made by others cannot be deleted. If you share with third parties, their policies apply. Can’t copy the link right now. Try again later. is correlated with your independent variables, Pooled OLS
xtreg wage hours tenure age, fe estimates store fe xtreg wage hours tenure age, re estimates store re hausman fe re
Measures how much entities differ from one another. This link or copies made by others cannot be deleted
) means the RE assumptions are violated. You must use . 5. Diagnostic Checking
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