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This video covers fixed effects models and panel data analysis. By the end of the video, viewers should be able to identify appropriate panel data analysis methods, understand three methods for estimating fixed effect models, and interpret results. An example of a fixed effects model is used to examine the effect of marriage on earnings for men using log earnings and a dummy variable for marital status. Results show married men earned 25% more than unmarried men, but it raises the question of whether OLS is appropriate for panel data analysis. Using OLS may disregard the panel nature of the dataset.