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Understanding the Fixed Effects Regression Model
Feb. 14, 2022, 12:27 p.m. | Sachin Date
Towards Data Science - Medium towardsdatascience.com
And a Python tutorial on how to build and train a Fixed Effects model on a real-world panel data set
The Fixed Effects regression model is used to estimate the effect of intrinsic characteristics of individuals in a panel data set. Examples of such intrinsic characteristics are genetics, acumen and cultural factors. Such factors are not directly observable or measurable but one needs to find a way to estimate their effects since leaving them out leads to a sub-optimally …
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