Hi,
I want to perform two-way fixed effects (fund and time fixed effects).I am using the following code
ods exclude all;
proc glm data= final;
absorb PERMNO;
class year;
model car=te te2 turn lnsize exp d year / solution noint;
ods output ParameterEstimates=results;
run;
ods exclude none;Although, I am getting the answers, but just want a reassurance if I am using the correct code.
Neither fund or time are present in your model. So, no, this is not a two-way fixed effects model with fund and time as the fixed effects.
Sorry, with fund and time I mean year and permno
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