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st: estimating variables with constant change at each time period using Fixed Effects model
From
Tat Koon Koh <[email protected]>
To
[email protected]
Subject
st: estimating variables with constant change at each time period using Fixed Effects model
Date
Mon, 7 May 2012 17:11:41 -0400
Using fixed effects (FE) model, can we estimate variables, such as a person's AGE, that change by the same magnitude at each time period? In this case, the change in AGE is constant across all persons over all time periods. So can/should we include AGE into a FE model, particularly if we have t-1 time period dummies or a time trend variable? If we can estimate such a model, how do we interpret the estimate for AGE in relation to the time variable?
Any papers or text that discuss this?
Thanks!
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