Why are you interested in the intercepts? I thought the benefits of fixed effects (within) regression is mostly that it allows for a causal interpretation of coefficients of time varying covariates? I don't understand how the intercepts of the individual firms are useful? E.g. imagine there aren't ten firms but 10000 individuals.
Thank you prof. Your videos are always clear. Thank you.
This was AMAZING. Thank God I met this video at last.
Thank you.
Great stuff.
Is fixed effect and within-group the same thing when done on eviews?
Yes.
is there a good way to run Fixed Effects for 300 companies without calculating means for each in Excel?
So it is not possible to place dummy variables as independent variables?
The R-square has significantly reduced, Is that an issue ?
No.
Why are you interested in the intercepts? I thought the benefits of fixed effects (within) regression is mostly that it allows for a causal interpretation of coefficients of time varying covariates? I don't understand how the intercepts of the individual firms are useful? E.g. imagine there aren't ten firms but 10000 individuals.
It depends on the researcher and what story you wish to tell.