How Do You Handle Missing Values in Panel Data Analysis? or What Are the Best Practices for Modeling

FE vs. RE depends on your research question, honestly. FE wipes out time-invariant stuff, which is great if you’re studying things like firm performance. RE is better for generalizing.

Hausman test is your BFF here. Stata’s `hausman` command is clutch.

Also, check out the `lme4` package in R if you’re into mixed models.