Fixed Effects vs Random Effects

An introduction to the difference between fixed effects and random effects models, and the Hausman Test for Panel Data models. As always, using the FREE R data analysis language. https://www.r-project.org/

Link to the data: https://docs.google.com/spreadsheets/...


Link to two videos:
1) Multicollinearity    • 7 Econometrics Specification 2: Multi...  
which leads into
2) Omitted variables bias    • 7 Econometrics Specification 2b: Omit...  

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