Sorry guys i make new topic for this problem,
i already search for this topic and cannot understand about the solution.
i want to estimate this equation
lwage = c edu1 edu2 edu3 exper expersq occ1 occ2 occ3 occ4 occ5 occ6 occ7 tenure married
but when i try to estimate with fixed effect, error occurred...near singular matrix
Please i really need to solve this assignment for tomorrow.
if somebody can help me, i will really appreciate that.
[Help] urgent error in fixed effect
Moderators: EViews Gareth, EViews Moderator
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takeiteasy
- Posts: 3
- Joined: Thu Aug 12, 2010 12:12 am
[Help] urgent error in fixed effect
Last edited by takeiteasy on Thu Aug 12, 2010 10:00 am, edited 1 time in total.
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takeiteasy
- Posts: 3
- Joined: Thu Aug 12, 2010 12:12 am
Re: [Help] urgent error in fixed effect
any idea ? please ....
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startz
- Non-normality and collinearity are NOT problems!
- Posts: 3798
- Joined: Wed Sep 17, 2008 2:25 pm
Re: [Help] urgent error in fixed effect
Any chance you've hit the dummy variable trap?
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takeiteasy
- Posts: 3
- Joined: Thu Aug 12, 2010 12:12 am
Re: [Help] urgent error in fixed effect
do you mean, my method is wrong? may be you have suggestion? please help me, this my first time use Eviews
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startz
- Non-normality and collinearity are NOT problems!
- Posts: 3798
- Joined: Wed Sep 17, 2008 2:25 pm
Re: [Help] urgent error in fixed effect
This has nothing to do with EViews. The dummy variable trap is something that should be covered in your econometrics course. You might look it up on wikipedia.
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