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st: R-sq within in xtivreg, fe


From   jypark@email.unc.edu
To   statalist@hsphsun2.harvard.edu
Subject   st: R-sq within in xtivreg, fe
Date   Mon, 10 Apr 2006 13:40:22 -0400

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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