When I ran a logit model with random effects, I could reject the null of the LR test that the random effect estimator is equal to Zero, which would Point towards the random effects model. However, the prob>chi2 = 0.92 and thus the null that the coefficients of the variables of the random effects model cannot be rejected. Hence, I Question whether to go for the re model or choose the pooled logit, for which the null of the chi2 test can be rejected.
input float Infodummy byte Numberofemployees long Totalassets float Corporationdummy long Grossprofit float(Profitability_pct Leverage_pct) str14 V long Loansize byte Maturity float GDPGrowth_pct double Duration byte Housebank str6 Loantype float Banks
1 28 1500 1 1600 6.25 95 "Volksbank A" 475 10 1.5 0 0 "Credit" 7
1 28 1500 1 1600 6.25 95 "Förderbank A" 475 10 1.5 0 0 "Credit" 1
1 15 500 1 800 8.75 50 "Volksbank B" 150 10 1.5 5.75 1 "Credit" 8
1 15 500 1 800 8.75 50 "Volksbank B" 30 1 1.5 5.75 1 "LC" 8
1 15 500 1 800 8.75 50 "Volksbank B" 20 1 1.5 6 1 "LC" 8
1 10 387 0 815 3.435583 72 "Volksbank B" 80 1 2.2 10 1 "LC" 8
1 10 415 0 830 5.060241 77 "Volksbank B" 80 1 2.2 11 1 "LC" 8
1 10 400 0 850 3.529412 90 "Volksbank B" 120 1 1.5 12 1 "LC" 8
0 10 415 0 830 5.060241 77 "Volksbank A" 60 6 2.2 1 0 "Credit" 7
1 25 800 1 3500 3.4285715 20 "Private bank A" 100 1 1.5 4.666666666666667 0 "LC" 3
1 25 800 1 3500 3.4285715 20 "Sparkasse B" 620 20 1.5 0 0 "Credit" 6
1 25 800 1 3500 3.4285715 20 "Sparkasse A" 230 3 1.5 5 0 "LC" 5
0 8 130 0 300 23.333334 40 "Förderbank A" 50 10 1.5 4.75 1 "Credit" 1
0 3 60 0 190 0 0 "Förderbank A" 20 10 .5 0 1 "Credit" 1
0 8 130 0 300 23.333334 40 "Private bank A" 15 3 2.2 3 0 "LC" 3
1 12 450 1 800 8.125 26 "Volksbank B" 50 10 1.5 10.083333333333334 0 "Credit" 8
1 12 462 1 830 8.192771 32 "Volksbank B" 125 5 2.2 8 0 "Credit" 8
1 12 438 1 755 7.549669 30 "Private bank B" 100 5 2.2 0 0 "Credit" 4
1 12 450 1 800 8.125 26 "Volksbank B" 15 1 1.5 10 0 "LC" 8
1 12 438 1 755 7.549669 30 "Volksbank B" 15 1 2.2 9 0 "LC" 8
1 12 462 1 830 8.192771 32 "Volksbank B" 15 1 2.2 8 0 "LC" 8
1 12 438 1 755 7.549669 30 "Sparkasse A" 120 1 2.2 10 0 "LC" 5
1 12 462 1 830 8.192771 32 "Sparkasse A" 120 1 2.2 9 0 "LC" 5
1 12 450 1 800 8.125 26 "Sparkasse A" 10 1 1.5 10.583333333333334 0 "LC" 5
1 10 320 1 1000 8 55 "Sparkasse A" 70 6 1.5 7 0 "Credit" 5
1 10 320 1 1000 8 55 "Private bank B" 100 5 1.5 5.166666666666667 0 "Credit" 4
1 12 277 1 800 9.375 60 "Sparkasse A" 150 4 1.5 5.083333333333333 1 "Credit" 5
1 25 720 1 1800 11.38889 45 "Sparkasse A" 350 3 2.2 12 1 "Credit" 5
0 25 695 1 2000 10.5 45 "Sparkasse A" 300 6 1.5 14 1 "Credit" 5
1 3 248 1 500 11 44 "Private bank A" 30 4 1.7 0 0 "Credit" 3
1 3 250 1 600 8.333333 50 "Private bank B" 50 5 2.2 1.33 0 "Credit" 4
1 3 248 1 500 11 44 "Volksbank A" 8 1 1.7 0 0 "LC" 7
1 3 250 1 600 8.333333 50 "Volksbank A" 8 1 2.2 1 0 "LC" 7
1 3 250 1 600 8.333333 50 "Volksbank C" 10 3 2.2 1.083 0 "LC" 9
1 25 462 1 1750 2.2857144 45 "Volksbank C" 100 1 2.2 0 0 "LC" 9
1 29 450 1 1900 2.710526 50 "Volksbank C" 200 3 2.2 .5833333333333334 0 "LC" 9
1 29 450 1 1900 2.710526 50 "Volksbank C" 100 1 2.2 1 0 "LC" 9
1 25 462 1 1750 2.2857144 45 "Private bank B" 250 5 2.2 0 0 "Credit" 4
1 29 440 1 2000 2.5 50 "Private bank B" 200 5 1.5 1.4166666666666667 0 "Credit" 4
1 9 360 1 415 18.795181 25 "Volksbank A" 15 1 1.7 5 1 "LC" 7
1 9 350 1 435 18.62069 25 "Volksbank A" 25 1 2.2 6 1 "LC" 7
1 9 345 1 430 18.60465 30 "Volksbank A" 15 1 2.2 7 1 "LC" 7
1 14 1000 0 1450 7.931035 60 "Volksbank A" 350 7 .5 15 1 "Credit" 7
0 15 1050 0 1500 6.666667 70 "Volksbank A" 300 10 1.5 20 1 "Credit" 7
1 14 1000 0 1450 7.931035 60 "Volksbank A" 150 1 .5 15 1 "LC" 7
1 15 970 0 1400 6.785714 70 "Volksbank A" 150 1 2.2 16.5 1 "LC" 7
1 15 960 0 1475 6.779661 70 "Volksbank A" 150 1 1.7 17.75 1 "LC" 7
1 3 350 0 400 12.5 50 "Sparkasse B" 20 1 1.5 7 1 "LC" 6
1 3 350 0 400 12.5 50 "Sparkasse B" 15 5 1.5 7 1 "Credit" 6
0 25 500 1 1100 18.181818 80 "Sparkasse A" 150 10 1.5 15 1 "Credit" 5
0 25 500 1 1100 18.181818 80 "Sparkasse A" 400 15 1.5 15 1 "Credit" 5
0 25 500 1 1100 18.181818 80 "Sparkasse A" 50 1 1.5 15 1 "LC" 5
0 25 620 0 2000 15 20 "Sparkasse A" 150 10 1.5 20 1 "Credit" 5
0 25 620 0 2000 15 20 "Sparkasse A" 50 1 1.5 20 1 "LC" 5
0 12 380 1 1500 6.666667 30 "Sparkasse A" 25 5 1.5 15 1 "Credit" 5
1 7 400 0 950 13.68421 25 "Volksbank A" 300 5 1.7 3 1 "Credit" 7
0 9 425 0 1000 12.3 20 "Volksbank A" 250 7 1.5 6 1 "Credit" 7
1 7 400 0 950 13.68421 25 "Volksbank A" 50 1 1.7 3 1 "LC" 7
1 8 415 0 975 14.358974 20 "Volksbank A" 80 1 2.2 4.333333333333333 1 "LC" 7
1 9 410 0 935 13.368984 20 "Volksbank A" 80 1 2.2 5.333333333333333 1 "LC" 7
1 9 425 0 1000 12.3 20 "Volksbank A" 80 1 1.5 6 1 "LC" 7
1 6 370 0 427 14.285714 42 "Sparkasse A" 80 5 2.2 23 1 "Credit" 5
1 6 370 0 427 14.285714 42 "Sparkasse B" 30 1 2.2 8 0 "LC" 6
1 6 375 0 430 13.953488 45 "Sparkasse B" 45 1 2.2 8.75 0 "LC" 6
1 6 370 0 427 14.285714 42 "Förderbank B" 80 5 2.2 0 0 "Credit" 2
1 28 3500 1 2875 5.495652 38 "Sparkasse A" 500 10 .5 14 1 "Credit" 5
1 30 3625 1 3000 5 40 "Private bank A" 400 7 2.2 4 0 "Credit" 3
1 30 3625 1 3000 5 40 "Private bank B" 60 2 2.2 5 0 "LC" 4
1 30 3625 1 3000 5 40 "Private bank B" 50 2 2.2 .16666666666666666 0 "LC" 4
1 15 3100 1 2600 6.538462 50 "Private bank A" 150 3 1.8 5 0 "Credit" 3
1 15 3100 1 2600 6.538462 50 "Private bank B" 130 4 1.8 4 0 "Credit" 4
1 15 3100 1 2600 6.538462 50 "Private bank B" 50 2 1.8 4 0 "LC" 4
0 35 2650 1 2300 9 21 "Volksbank A" 300 5 2.2 22 1 "Credit" 7
0 35 2710 1 2425 9.278351 28 "Volksbank A" 250 7 1.7 23 1 "Credit" 7
0 33 2665 1 2400 8.75 25 "Volksbank A" 50 9 2.2 25.25 1 "Credit" 7
0 33 2700 1 2350 8.297873 25 "Volksbank A" 80 10 1.5 26.333333333333332 1 "Credit" 7
0 34 2710 1 2425 9.278351 28 "Volksbank A" 80 1 1.7 23.166666666666668 1 "LC" 7
0 26 1980 1 1650 8.939394 26 "Volksbank A" 325 10 2.2 16 1 "Credit" 7
0 26 2050 1 1700 8.941176 31 "Volksbank A" 150 8 2.2 18.333333333333332 1 "Credit" 7
0 26 1930 1 1750 8.857142 33 "Volksbank A" 220 5 1.5 19.166666666666668 1 "Credit" 7
0 26 2050 1 1700 8.941176 31 "Volksbank A" 80 1 2.2 18.166666666666668 1 "LC" 7
end
[/CODE]

Code:
 egen Banks=group(V)
Code:
xtset Banks
Code:


logit Infodummy Age Numberofemployees Totalassets Corporationdummy Grossprofit Profitability_pct Leverage_pct Loansize GDPGrowth_pct Duration Housebank if Loantype=="Crédit"






Code:


xtlogit Infodummy  Age Numberofemployees Totalassets Corporationdummy Grossprofit Profitability_pct Leverage_pct Loansize GDPGrowth_pct Duration Housebank if Loantype=="Credit", re