Hello there,
I'm working with Panel data for the first time and I do not understand the output. So I have the following:
failure _d: first==1 (first is a dichotome variable with 0= doesn't get a job after study and 1=does get a job after study)
analysis time _t: suchjahr

If I now do streg for my independend variables highedu and edupar, I get the Haz.Ratio output 0.865 for highedu and 1.113 for edupar. Both of them have five Expressions ("keine Ausbildung=0" "obligatorische Ausbildung=1" "berufliche Grundbildung=2" "sekundäre Ausbildung=3" and "tertiäre Ausbildung=4"). What does the Haz.Ratio now mean exactly? That as higher as the highedu is, as better?

Thank you for your help

Best regards

Seraina Branschi