How Do You Handle Endogeneity in Panel Regression Models? or What Are the Best Practices for Fixed Ef

Fixed effects all the way unless you’re *sure* random effects are cool. Hausman test is great, but if your gut says no, listen to it.

For explaining to non-stats people, I just say: "Fixed effects = more control, random effects = less fuss." They usually nod and move on lol.

`plm` in R lets you compare both easily—worth a try!