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This video covers fixed effects models and panel data analysis. By the end of the video, viewers will be able to identify appropriate panel data analysis methods, understand the three methods for estimating a fixed effect model, and interpret the results of a fixed effects model. Using a model to analyze the effect of marriage on earnings for men, the video demonstrates the use of log earnings as the dependent variable and a dummy variable for marriage as the independent variable. Results show that married men earn 25% more than unmarried men. The video raises the question of whether it is appropriate to use OLS with panel data, highlighting the limitations of using pooled OLS for longitudinal data analysis.