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st: time dummy in random-effects model

From   "Seok-Woo Kwon" <[email protected]>
To   <[email protected]>
Subject   st: time dummy in random-effects model
Date   Wed, 13 Jul 2005 16:39:45 -0400

Dear Statalist,

In a running random-effects model for panel data, I have yearly observations
and add a time dummy for each year. However, I noticed that some people do
not put in the time dummy at all in the model. Is this justified?



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