Session 6: Panel Data and Fixed Effects
Note
Date: Thursday, 28 May 2026, 16:00–19:00
Business question
Does better management quality lead to better firm performance — and does this relationship hold within countries?
Learning goals
- Understand the logic of panel data (units observed over time)
- Apply fixed effects estimation to control for unobserved unit-level heterogeneity
- Distinguish within- vs. between-variation and interpret each
- Use
fixestfor efficient fixed effects estimation
Dataset
wms-management-survey — manufacturing firms across 24 countries, 2004–2015 (World Management Survey). Management quality scores, firm characteristics, performance indicators.
Quarto skill introduced this session
Presenting panel model output cleanly with fixest and modelsummary: handling multiple fixed effects, notes on standard error clustering.
Important
Material will be available here before the session.