The Frisch-Waugh-Lovell theorem
This blog post demonstrates the result of Frisch-Waugh-Lovell (FWL) theorem how it can be used to understand the equivalence of different fixed effects estimators used in panel data settings.
This blog post demonstrates the result of Frisch-Waugh-Lovell (FWL) theorem how it can be used to understand the equivalence of different fixed effects estimators used in panel data settings.