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| From | <Per.Stromberg@naturvardsverket.se> |
| To | <statalist@hsphsun2.harvard.edu> |
| Subject | st: xtreg (Panel fixed effects model): inflation adjustment |
| Date | Thu, 11 Apr 2013 06:07:30 +0000 |
Hi all, I am using a fixed effects panel data model, -xtreg ksum_vyta ebh1 ebh2 pop_dens_kn arblos_kn ink_kn, fe- , on annual data for a ten year period (across 60 cross section observations). The xtreg, fe model automatically uses year dummies. I wonder if these year dummies control for the inflation that occurred during the ten year time period? Or do I need to adjust all monetary variables for inflation as in time series regressions? I would be very grateful for your advices. Best regards, Per Stromberg * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/faqs/resources/statalist-faq/ * http://www.ats.ucla.edu/stat/stata/