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Re: st: Estimating firm level data on regional level data using a within estimator.
From
Maarten buis <[email protected]>
To
[email protected]
Subject
Re: st: Estimating firm level data on regional level data using a within estimator.
Date
Sun, 6 Jun 2010 05:45:03 -0700 (PDT)
--- On Sun, 6/6/10, John Antonakis wrote:
> Not including the fixed-effect would be a very fatal flaw
> to make
The assumption is no stronger than the one we make any time
we type -regress-. I see the strenghts of fixed effects
regression, but it is not the solution to all problems that
some people believe it is. So to call not using fixed effects
regression a "fatal flaw", is way too strong for my taste.
A similar fixation sometimes occurs within medical sciences,
who sometimes refuses to look at any estimate that isn't
generated with a randomized experiment. The problem is that
in these cases the method becomes a more important part of
the argument than the data, thus forgetting what empirical
science is all about.
-- Maarten
--------------------------
Maarten L. Buis
Institut fuer Soziologie
Universitaet Tuebingen
Wilhelmstrasse 36
72074 Tuebingen
Germany
http://www.maartenbuis.nl
--------------------------
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