[Gretl-users] Panel Regression Model: Fixed Effect, Random Effects, or OLS Regression?
Dear Experts,
1. If there is heterogeneity in the panel model/data, is it true that the
appropriate model is either the Fixed Effect or Random Effects model?
2. I want to choose the appropriate panel regression model when there are
autocorrelations, heterogeneity, multicollinearity, and non-normality. Any
guiding non-highly mathematical materials that you can suggest?
Thank you.
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