Hi Statalist
This is my first post, so bear with me if I make some mistakes.
I am conducting a Panel Data regression by looking at factors which may have impacted the U.S. Stock market during the first wave of COVID-19 (02.01.2020 - 12.06.2020).
Array
First of all, I ran a Hausman test in order to choose between Fixed and Random effect model, which gave a value of 1 indicating a Random effect model.
After the Hausman test, then was a xttest0 (Breusch-Pagan Lagrange multiplier) test in order to choose between Random Effect and OLS, which indicated a pooled OLS model.
However, I have a hard time to understand why my dataset isn't appropriate for a random effect model? My data is both changing across time and across firms (Cross section and Time-series data).
I will here below, show a short screenshot of my excel file which I am uploading to Stata.
Array
I hope my question make sense.
Best regards Victor
Related Posts with Panel Data - Random effect model vs Pooled OLS
Panel data analysis using xtabond2I have got the following result. is that okay Array Please help me. …
Single effect estimate for a categorical interaction term?!hi all! I'm working on a project looking at the effect of an intervention on a continuous outcome v…
Loop Append Multiple Waves of dtaHello everyone, I know that this has been addressed and answered multiple times, however I am very …
reshaping in stataI have some data in which I have for each row the data by center, and I need to have them by student…
invalid numlist for synth commandHi, I am working with the synthetic control method with the data being spaced unevenly over the year…
Subscribe to:
Post Comments (Atom)
0 Response to Panel Data - Random effect model vs Pooled OLS
Post a Comment