The RATS Software Forum

Hi,
I please need help with demeaning variables, in RATS, before my main estimations.
The idea is to account for fixed-effects (without using the route of the individual dummies).
I have a list of 5 variables.
Thanks.
Oz

That's one of the things that the PANEL instruction does.

panel(entry=1.0,indiv=-1.0) x / cx

removes the individual means from x to create cx.

TomDoan wrote:That's one of the things that the PANEL instruction does.

panel(entry=1.0,indiv=-1.0) x / cx

removes the individual means from x to create cx.

Thanks Tom, fully appreciated.
Oz