Question: 10.5 Consider the model with a single regressor Yit = b1X1,it + ai + lt + uit. This model also can be written as Yit

10.5 Consider the model with a single regressor Yit = b1X1,it + ai + lt + uit.

This model also can be written as Yit = b0 + b1X1,it + d2B2t + g+ dTBTt + g2D2i + g+ gnDni + uit, where B2t = 1 if t = 2 and 0 otherwise, D2i = 1 if i = 2 and 0 otherwise, and so forth. How are the coefficients (b0, d2,

c, dT, g2,

c, gn) related to the coefficients (a1,

c, an, l1,

c, lT)?

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