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Why is a squared term in panel data fixed effects considered redundant
Why is a squared term in panel data fixed effects considered redundant

I have the following equation: xtreg lwage educ black Hispanic experience expersq married union, fe
Why is experience^2 considered to be redundant. I'm confused since experience^2 changes over time?

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Why is a squared term in panel data fixed effects considered redundant

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Home / Data Cleaning / Data management / Data Processing / Why is a squared term in panel data fixed effects considered redundant Why is a squared term in panel data fixed effects considered redundant

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