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[Help] urgent error in fixed effect

Posted: Thu Aug 12, 2010 12:48 am
by takeiteasy
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.

Re: [Help] urgent error in fixed effect

Posted: Thu Aug 12, 2010 1:04 am
by takeiteasy
any idea ? please ....

Re: [Help] urgent error in fixed effect

Posted: Thu Aug 12, 2010 7:12 am
by startz
Any chance you've hit the dummy variable trap?

Re: [Help] urgent error in fixed effect

Posted: Thu Aug 12, 2010 7:40 am
by takeiteasy
do you mean, my method is wrong? may be you have suggestion? please help me, this my first time use Eviews

Re: [Help] urgent error in fixed effect

Posted: Thu Aug 12, 2010 7:48 am
by startz
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.