Search found 4 matches

by Zerathios
Sat May 02, 2015 6:30 am
Forum: Econometric Discussions
Topic: Choosing fixed/random effects model with Hausman-test
Replies: 5
Views: 8851

Re: Choosing fixed/random effects model with Hausman-test

The estimates suggest that there are no random effects. Thank you for the answer Glenn! I have another question: I want to run a fixed effects model and a random effects model respectively with robust standard errors, adjusting for any heteroscedasticity present. Is this possible in Eviews 8? I hav...
by Zerathios
Wed Apr 29, 2015 7:09 am
Forum: Econometric Discussions
Topic: Choosing fixed/random effects model with Hausman-test
Replies: 5
Views: 8851

Re: Choosing fixed/random effects model with Hausman-test

For your data, the estimate of the random effects variance is zero.
Does this mean that the random effects model is not a well-suited approach to this data or simply that there is something wrong with my data?
by Zerathios
Tue Apr 28, 2015 8:49 am
Forum: Econometric Discussions
Topic: Choosing fixed/random effects model with Hausman-test
Replies: 5
Views: 8851

Choosing fixed/random effects model with Hausman-test

Hello! I am trying to run a Correlated random effects - Hausman test on this regression in order to determine if a fixed or random effects model is appropriate. I get the error message "** WARNING: estimated cross-section random effects variance is zero." Is there a reason to why this is h...
by Zerathios
Mon Apr 20, 2015 8:40 am
Forum: General Information and Tips and Tricks
Topic: Fixed effects model form
Replies: 1
Views: 4374

Fixed effects model form

Hello! I have data that I have calculated for 100 countries where the dependent variable is GDP and then I have four explanatory variables that effects this with regards to economic downturns. this is for the years 2000-2010. I want to use a fixed effects model for this, in order to see how their vu...

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