Stata Panel Data Instant
Visualizing trends is crucial before modeling.
* Plot a single variable over time for all units (spaghetti plot)
xtline gdp
xtreg wage hours tenure age i.year, re
Stata ships with example datasets. For panel data, the most famous is nlswork.dta (National Longitudinal Survey of Young Women, 1968–1988). stata panel data
webuse nlswork, clear
This dataset contains 28,534 observations on 4,711 individuals (ID variable: idcode) across up to 12 years. Visualizing trends is crucial before modeling
xtreg wage hours tenure, fe robust
or
xtreg wage hours tenure, fe vce(cluster idcode)
Already achieved with i.year in the FE model. Stata ships with example datasets
Alternative to RE. Does not model the individual effect explicitly but accounts for the correlation structure within panels.
For interpretation, compute marginal effects:
margins, dydx(experience) at(union=(0 1))
