Stata Panel Data __exclusive__ Direct

reg ln_wage hours age tenure, vce(cluster idcode)

reshape long income_, i(id) j(year)

Standard summary statistics often fail to capture the nuances of panel data. Stata provides specialized commands to explore the variation within and between your units. 1. xtdescribe stata panel data

Or using the areg command:

To check for non-stationarity (spurious regression risk). reg ln_wage hours age tenure, vce(cluster idcode) reshape

Before modeling, explore your panel structure. reg ln_wage hours age tenure