Reputation: 31
I'm running a fixed effects regression with my dependent variable as life satisfaction score and main independent variable as education level. The education variables are broken down into the following categories:
I am only including dummy variables for degree down to no qualification, with the assumption the those with inapplicable or no response answers are captured in the constant/intercept. Am I correct in thinking that this means that I will not fall into the dummy variable trap?
Upvotes: 0
Views: 38