Question: a) Briefly explain Pooled Regression, Firm Fixed Effect Model, Random Effect Model for panel regression. b) Explain how Firm Fixed Effects Model is equivalent to

a) Briefly explain Pooled Regression, Firm Fixed Effect Model, Random Effect Model for panel regression. b) Explain how Firm Fixed Effects Model is equivalent to Ordinary Least Squares regression with dummy variables. c) Give the procedure including the main tests and diagnostic tests to run Panel regression model

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