This video is dedicated to explain what is Random Effect Model. I have explained the model structure, required assumptions, estimation process in details. Also, throughout the video I have highlighted the difference between fixed and random effect model at every step. Like, Share & SUBSCRIBE!!! My Playlists: • A Complete Course on Advanced Econometrics • A Complete Course on Time Series Analysis ... • ISI JRF Economics Q&A • A Complete Course on Econometric Methods • Python Tutorial - Basic to Advanced • Course on Introductory Mathematical Economics • Statistics for Economics • Introductory Microeconomics • Case Studies Happy Learning _ AN Economist!!!