PSM with industry and year fixed effects

[Alice Yang]

Hello!

When conducting a PSM, I wonder how to include industry and year fixed effects?
Shall I do

global X var1 var2 var3 var4 var5 i.industry i.year
psmatch2 D1 $X, out(y1) neighbor(1) common caliper(0.05) ties ate

or

global X var1 var2 var3 var4 var5
psmatch2 D1 $X i.industry i.year, out(y1) neighbor(1) common caliper(0.05) ties ate

or there are some other ways to include industry and year fixed effects?

Thanks a lot for any suggestions!

[Alice Yang]

Update: I know both would generate the same result, just that which one is better, or they are essentially the same?
I also wonder is it reasonable or logical to control for industry and year fixed effects in PSM? I want to do so because I read several papers controlling for industry and year fixed effects, and here is one of such papers: