Hello I was wondering if the number of obs is 324 and number of groups is 325. Why do I get only 8 or 9 obs per group in my panel data regression?
Code:
. xtreg log_price unemployment mortgage_rate log_income ,fe cluster(ID_code) Fixed-effects (within) regression Number of obs = 2594 Group variable: ID_code Number of groups = 325 R-sq: Obs per group: within = 0.7181 min = 7 between = 0.6936 avg = 8.0 overall = 0.2121 max = 8 F(4,324) = 2066.76 corr(u_i, Xb) = -0.6932 Prob > F = 0.0000 (Std. Err. adjusted for 325 clusters in GM_code) ----------------------------------------------------------------------------------- | Robust log_price | Coef. Std. Err. t P>|t| [95% Conf. Interval] ------------------+---------------------------------------------------------------- unemployment | .0962734 .0061217 15.73 0.000 .0842301 .1083167 mortgage_rate | .0049352 .0011974 4.12 0.000 .0025796 .0072908 log_income | -.3595322 .0633615 -5.67 0.000 -.4841841 -.2348802 _cons | 1.266938 .360273 3.52 0.000 .558168 1.975707 ------------------+---------------------------------------------------------------- sigma_u | .28079617 sigma_e | .03753937 rho | .98244106 (fraction of variance due to u_i) -----------------------------------------------------------------------------------
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