Dear listers:
I ran the fixed effects model and got a very low within R-sq. Could anybody
tell if this is a problem and why it is so low? For comparison, I listed fe,
re and be results. Thanks alot.
Mike
*****************************************************************
xtreg y x, fe
R-sq: within = 0.0138 Obs per group: min =
2
between = 0.1696 avg =
2.0
overall = 0.1419
xtreg y x, re
R-sq: within = 0.0120 Obs per group: min =
2
between = 0.4979 avg =
2.0
overall = 0.4116 max =
2
xtreg y x, be
R-sq: within = 0.0109 Obs per group: min =
2
between = 0.5072 avg =
2.0
overall = 0.4097 max =
2
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