If You Included Both Time and Entity Fixed Effects in the Regression

question 11

Short Answer

If you included both time and entity fixed effects in the regression model which includes a constant, then a. one of the explanatory variables needs to be excluded to avoid perfect multicollinearity.
b. you can use the "before and after"' specification even for $T > 2$ .
c. you must exclude one of the entity binary variables and one of the time binary variables for the OLS estimator to exist.
d. the OLS estimator no longer exists.

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