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st: R-sq within in xtivreg, fe
Hello,
I am etstimating FE-IV models using 'xtivreg, fe'. The results from
several different runs show that R-sq within is ".", which I am not
quite understanding what it means. Does that mean FE-IV models do not
explain any of within variation, or anything else?
Does anyone know of any reference regarding this issue?
Thanks,
Jeongyoung
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