I would like to run a random effect model.
Y <- cbind(mydata$NIFTY_50)
X <- cbind(mydata$STI,mydata$HIS,mydata$NASDAQ_composite,mydata$FTSE_100,mydata$Nikkei_225)
X1 <- cbind(mydata$COVID_new_cases)
pdata <- plm.data(mydata, index=c("COVID_new_cases","NASDAQ_composite"))
random <- plm(Y ~ X, data=pdata, model= "random")
summary(random)
I am getting this error
random <- plm(Y ~ X, data=pdata, model= "random")
Error in is.pbalanced.default(x) :
argument "y" is missing, with no default
summary(random)
Error in h(simpleError(msg, call)) :
error in evaluating the argument 'object' in selecting a method for function 'summary': object 'random' not found
Thanks in advance.
Date | COVID_new_cases | NIFTY_50 | STI | HSI | NASDAQ_composite | S&P_100 | FTSE_100 | Nikkei_225 |
---|---|---|---|---|---|---|---|---|
31-Dec-19 | 54 | -0.642 | -0.672 | -0.183 | -0.604 | -0.495 | -0.589 | 0.481 |
01-Jan-20 | 0 | -0.161 | -0.672 | -0.183 | -0.604 | -0.495 | -0.589 | 0.481 |
02-Jan-20 | 0 | 0.686 | -0.666 | 1.041 | -0.583 | -0.666 | 0.821 | 0.481 |
03-Jan-20 | 34 | -0.281 | 0.658 | -1.307 | -0.494 | -0.225 | 0.238 | 0.481 |
06-Jan-20 | 0 | -1.459 | 0.084 | -0.354 | -1.431 | -1.046 | -0.618 | 0.493 |
07-Jan-20 | 0 | -0.216 | -0.359 | -0.108 | 0.089 | 0.247 | -0.018 | -1.096 |
08-Jan-20 | 0 | 0.722 | -1.078 | 0.316 | -0.675 | -0.55 | 0.013 | 0.055 |
09-Jan-20 | 0 | 0.516 | 0.467 | 0.682 | -0.013 | -0.296 | 0.306 | -0.891 |
10-Jan-20 | 0 | -0.116 | -0.101 | -0.094 | 0.586 | 0.527 | -0.134 | -0.157 |
13-Jan-20 | 2 | 0.267 | 0.257 | 0.635 | -0.653 | -0.538 | 0.391 | -0.157 |
14-Jan-20 | 0 | 0.237 | -0.259 | -0.907 | 0.208 | 0.173 | 0.063 | -0.234 |
15-Jan-20 | 2 | -0.049 | 0.293 | -0.407 | -0.053 | -0.184 | 0.268 | 0.029 |
16-Jan-20 | 0 | 0.068 | -0.65 | 0.267 | -0.469 | -0.334 | -0.432 | 0.113 |
17-Jan-20 | 10 | 0.194 | 0.055 | 0.235 | 0.037 | -0.159 | 0.852 | 0.258 |
20-Jan-20 | 40 | -1.657 | 0.026 | -1.279 | 0.037 | -0.159 | -0.302 | -0.012 |
21-Jan-20 | 306 | -0.209 | 0.746 | -1.631 | -0.104 | 0.024 | -0.532 | 0.865 |
22-Jan-20 | 284 | -0.912 | -0.349 | 0.799 | 0.317 | 0.203 | -0.51 | -0.822 |
23-Jan-20 | 194 | 0.467 | 0.531 | -0.714 | -0.264 | -0.164 | -0.848 | 0.202 |
24-Jan-20 | 532 | 0.605 | -0.144 | 0.051 | 1.39 | 1.116 | 1.043 | 0.096 |
27-Jan-20 | 1594 | -0.64 | -0.144 | 0.051 | -0.515 | -0.034 | -2.292 | 0.36 |
28-Jan-20 | 3534 | -0.76 | -0.269 | 0.051 | -0.737 | -0.645 | 0.926 | -0.384 |
29-Jan-20 | 2960 | 0.121 | -0.043 | 0.218 | 0.463 | 0.446 | 0.039 | -0.301 |
30-Jan-20 | 3512 | -0.922 | 0.393 | -2.151 | -0.953 | -0.8 | -1.358 | 1.318 |
31-Jan-20 | 4006 | -1.143 | 0.62 | -1.663 | 1.443 | 1.822 | -1.3 | -0.243 |
01-Feb-20 | 4240 | -2.321 | 0.62 | -1.663 | 1.443 | 1.822 | -1.3 | -0.243 |
03-Feb-20 | 5636 | 0.692 | 0.47 | 0.639 | -0.9 | -0.456 | 0.553 | -0.427 |
04-Feb-20 | 6486 | 1.641 | -0.672 | 0.696 | -0.74 | -0.514 | 1.549 | -0.889 |
05-Feb-20 | 7814 | 0.694 | -1.152 | -0.307 | 0.683 | -0.232 | 0.574 | 0.137 |
06-Feb-20 | 7502 | 0.148 | -0.503 | 1.175 | -0.327 | -0.225 | 0.298 | -0.983 |
07-Feb-20 | 6436 | -0.435 | 1.017 | 0.175 | 0.064 | 0.103 | -0.508 | 0.297 |
10-Feb-20 | 5976 | -0.585 | -0.658 | 0.551 | -1.419 | -1.165 | -0.265 | -0.229 |
11-Feb-20 | 5130 | -0.004 | -0.234 | 0.253 | 0.433 | 0.518 | 0.705 | -0.229 |
12-Feb-20 | 4144 | 0.413 | -1.288 | 0.384 | -0.386 | -0.243 | 0.467 | -0.505 |
13-Feb-20 | 30302 | -0.367 | 0.315 | -0.8 | -0.569 | -0.162 | -1.094 | 0.092 |
14-Feb-20 | 8430 | -0.629 | -0.114 | 0.423 | -0.023 | -0.022 | -0.576 | 0.114 |
17-Feb-20 | 4134 | -0.709 | 0.238 | 0.695 | -0.023 | -0.022 | 0.327 | -0.142 |
18-Feb-20 | 3990 | -0.297 | 0.211 | -0.851 | -0.555 | -0.089 | -0.69 | 0.875 |
19-Feb-20 | 3728 | 0.292 | -0.453 | 0.616 | -0.351 | -0.218 | 1.016 | -0.306 |
20-Feb-20 | 1064 | -0.315 | 0.586 | -0.569 | 0.492 | 0.357 | -0.274 | 0.792 |
24-Feb-20 | 1054 | -1.525 | 0.552 | -1.049 | -0.357 | 0.817 | -3.337 | 0.175 |
25-Feb-20 | 1586 | -0.67 | -0.421 | 0.639 | 3.608 | 3.322 | -1.941 | 1.499 |
26-Feb-20 | 1730 | -0.512 | 0.451 | 0 | 0.342 | 0.498 | 0.351 | -0.233 |
27-Feb-20 | 2218 | -0.24 | -0.047 | 0.94 | 2.031 | 2.711 | -3.494 | 1.382 |
28-Feb-20 | 2538 | -1.584 | 1.071 | -0.454 | -3.599 | -1.77 | -3.175 | 1.743 |
02-Mar-20 | 4188 | -2.236 | -0.648 | 0.82 | -3.289 | -4.001 | 1.129 | -2.371 |
03-Mar-20 | 3672 | 0.764 | 0.422 | -0.508 | 3.134 | 3.401 | 0.951 | 2.629 |
04-Mar-20 | 4560 | -0.884 | -0.326 | -0.378 | -2.083 | -2.64 | 1.45 | -0.971 |
05-Mar-20 | 4630 | -0.328 | 0.619 | 1.593 | 0.586 | 1.556 | -1.617 | 0.331 |
06-Mar-20 | 6066 | 0.428 | 1.275 | -0.951 | -1.259 | -1.069 | -3.621 | 1.238 |
09-Mar-20 | 8358 | -2.705 | 3.777 | -0.372 | 0.091 | 3.121 | -7.687 | 3.168 |
11-Mar-20 | 9980 | 1.201 | -2.399 | -0.897 | 2.264 | 2.95 | -1.404 | 1.732 |
12-Mar-20 | 15324 | -4.48 | 2.654 | -1.414 | 2.66 | 4.968 | -10.874 | 2.648 |
13-Mar-20 | 18372 | 9.307 | 2.654 | 6.721 | -3.475 | -5.754 | 2.455 | 4.138 |
16-Mar-20 | 24794 | -4.072 | 2.425 | -1.09 | 6.603 | 2.842 | -4.007 | 3.321 |
17-Mar-20 | 27842 | -3.429 | 0.615 | 1.139 | -3.716 | -4.043 | 2.792 | -1.701 |
18-Mar-20 | 33448 | -6.818 | 1.897 | -3.177 | -1.268 | 0.083 | -4.047 | 2.492 |
19-Mar-20 | 40240 | 2.482 | 4.321 | -2.305 | -2.203 | -0.388 | 1.397 | 2.606 |
20-Mar-20 | 61454 | 5.565 | -4.146 | 2.97 | 5.085 | 5.34 | 0.761 | 2.606 |
23-Mar-20 | 67790 | -4.222 | 1.798 | 0 | -0.196 | 1.915 | -3.793 | -1.914 |
24-Mar-20 | 87762 | -0.602 | -3.031 | 0.738 | -3.081 | -3.633 | 9.053 | -5.146 |
25-Mar-20 | 83110 | 7.533 | -3.124 | 1.166 | 0.499 | 0.109 | 4.447 | -5.962 |
26-Mar-20 | 105490 | 2.254 | 1.26 | -1.07 | -4.494 | -5.039 | 2.241 | 2.964 |
27-Mar-20 | 120924 | -3.228 | 0.663 | -1.195 | 0.687 | 0.874 | -5.251 | -1.932 |
30-Mar-20 | 113786 | -1.25 | 2.57 | 0.67 | -2.515 | -2.806 | 0.969 | -1.064 |
31-Mar-20 | 128262 | 0.802 | -1.103 | -0.041 | 0.516 | 1.069 | 1.947 | 1.381 |
01-Apr-20 | 146810 | -3.848 | 1.13 | -1.199 | 1.326 | 0.632 | -3.833 | 3.322 |
03-Apr-20 | 153326 | -3.264 | -2.106 | 0.707 | 1.393 | 0.984 | -1.181 | 0.731 |
07-Apr-20 | 146458 | 4.095 | 2.536 | 0.665 | 2.986 | 2.979 | 2.187 | -0.378 |
08-Apr-20 | 150672 | 0.689 | -1.688 | -0.913 | -1.444 | -1.921 | -0.47 | -1.604 |
09-Apr-20 | 170030 | 1.547 | -2.619 | 0.492 | 0.189 | -0.092 | 2.906 | 0.156 |
13-Apr-20 | 140242 | -1.209 | -0.44 | 0.361 | -0.796 | 0.232 | -0.88 | 1.391 |
15-Apr-20 | 155234 | -2.948 | -0.228 | -1.447 | -0.445 | 0.293 | -3.343 | -2.551 |
16-Apr-20 | 157792 | 1.599 | -2.483 | -0.079 | -0.628 | -0.074 | 0.548 | 0.109 |
17-Apr-20 | 166738 | -0.608 | 1.562 | -0.318 | 0.2 | -0.875 | 2.818 | -1.642 |
20-Apr-20 | 142550 | -1.367 | -1.193 | -0.708 | -0.086 | 0.796 | 0.446 | 0.105 |
21-Apr-20 | 151336 | -0.394 | 1.754 | -1.874 | 2.334 | 2.005 | -2.956 | 1.022 |
22-Apr-20 | 171992 | 1.779 | 0.946 | 1.499 | -0.721 | -0.404 | 2.297 | -0.151 |
23-Apr-20 | 132212 | 0.883 | 1.546 | -0.026 | 0.4 | 0.403 | 0.97 | -0.603 |
24-Apr-20 | 154934 | -0.104 | -0.753 | -0.055 | -1.224 | -0.926 | -1.277 | 0.361 |
27-Apr-20 | 164906 | 0.244 | 0.294 | 1.038 | -0.14 | -0.458 | 1.645 | -1.918 |
28-Apr-20 | 131966 | -0.095 | 0.469 | 0.717 | 2.469 | 1.764 | 1.91 | 0.025 |
29-Apr-20 | 142980 | 1.538 | -0.942 | -0.575 | -1.272 | -0.73 | 2.632 | 0.025 |
30-Apr-20 | 155602 | 1.091 | -0.12 | -0.575 | 0.241 | 0.437 | -3.501 | -0.438 |
04-May-20 | 156486 | -2.517 | -0.533 | -1.177 | -1.816 | -0.891 | -0.161 | 1.864 |
05-May-20 | 154948 | -2.373 | -0.932 | 0.475 | 0.006 | 0.105 | 1.662 | 1.864 |
06-May-20 | 158956 | 0.478 | -0.314 | 0 | 0.229 | 0.907 | 0.075 | 1.864 |
07-May-20 | 180204 | -0.379 | -0.314 | -0.581 | -0.066 | 0.029 | 1.404 | -1.059 |
08-May-20 | 187946 | -1.338 | 0.261 | 0.152 | -0.711 | -0.679 | 1.404 | -1.036 |
11-May-20 | 153282 | -1.165 | -0.971 | 0.539 | -1.518 | -0.606 | 0.062 | -0.28 |
12-May-20 | 142190 | 0.302 | 0.327 | -0.461 | 2.413 | 2.195 | 0.928 | 0.229 |
13-May-20 | 171682 | -2.094 | -0.518 | 0.285 | 1.586 | 1.453 | -1.513 | -0.626 |
14-May-20 | 172148 | -0.773 | -0.204 | -0.867 | -1.771 | -1.921 | -2.754 | 1.121 |
15-May-20 | 193292 | -0.496 | 0.066 | -0.156 | -1.975 | -1.265 | 1.015 | 0.557 |
18-May-20 | 162006 | -3.658 | 0.955 | 0.835 | -0.629 | -1.229 | 4.29 | -0.18 |
19-May-20 | 174334 | -0.922 | 0.491 | -0.414 | 0.459 | 0.867 | -0.767 | 0.176 |
20-May-20 | 190188 | 1.996 | -0.487 | -0.257 | -0.754 | -0.672 | 1.083 | -0.688 |
21-May-20 | 199132 | 0.295 | 0.086 | -1.015 | 0.963 | 0.819 | -0.855 | 0.678 |
22-May-20 | 215460 | -0.316 | 0.83 | -3.48 | -0.496 | -0.257 | -0.366 | 0.951 |
26-May-20 | 178302 | -0.777 | 0.937 | 0.803 | 1.694 | 0.606 | 1.243 | -1.64 |
27-May-20 | 191932 | 2.563 | 1.311 | -0.909 | -0.709 | -0.698 | 1.261 | -0.8 |
28-May-20 | 205238 | 1.336 | -0.515 | -0.319 | 0.256 | 0.454 | 1.213 | -1.404 |
29-May-20 | 237424 | 1.678 | 0.311 | 0.792 | -1.146 | -0.548 | -2.287 | -0.322 |