Question: Explain how the fixed effects model allows for differences in the parameter values for each individual cross section in a data panel.

Explain how the fixed effects model allows for differences in the parameter values for each individual cross section in a data panel.

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In panel data analysis also known as longitudinal or crosssectional time series data researchers often face the challenge of dealing with both individ... View full answer

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3. Explain how the fixed effects model allows for differences in the parameter valuei for each individual cross-section in a data panel.

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