time effect model definition time effects on wage what is the difference between an individual effect and fixed effect how are individual variables used in econometrics what is the fixed effect what is the difference between a time and individual effect is labor compensation an individual factor? what is the dummy variable that reflects an individual time invariant what is fdi and its effect on wages which is an individual effect? what is the fixed effect model wage equals which type of variable is included in the fixed effect? what is a fixed effect is time-varying wage an individual effect? which is a time-varying variable in an individual effect which variable controls the time-varying elements that affect all establishments in a given year? how to find the time invariant of an individual variable? what does the time invariant mean what is the variable x_it