question about fixed and random effects

Questions related to panel (pooled cross-section time series) data.
TomDoan
Posts: 7779
Joined: Wed Nov 01, 2006 4:36 pm

Re: question about fixed and random effects

Unread post by TomDoan »

jack wrote:Thanks a lot.

And, why R-Bar^2 is so high in those panel models? Is it a sign of spurious regression?
I have no idea. Are the residuals very strongly serially correlated? Are the series I(1)? Are both sides dominated by a trending variable (such as price level)?
Post Reply