Search found 2 matches
- Fri Sep 13, 2013 1:03 pm
- Forum: Estimation
- Topic: Marginal Effects
- Replies: 14
- Views: 30633
Re: Marginal Effects
O-kay. I have had a follow on thought. The values I get from those calculations are the change in probability for a 1 unit change in the explanatory variable. I get the large coefficients for variables with relatively small standard deviations. So, is it accurate to take the standard deviation for a...
- Fri Sep 13, 2013 12:47 pm
- Forum: Estimation
- Topic: Marginal Effects
- Replies: 14
- Views: 30633
Re: Marginal Effects
I am trying to estimate marginal effects for a logit model. I have followed the instructions of several prior blogs: - estimate the logit - forecast the index and save as indexF - create scalar: scalar xb = @mean(indexF) (this value is 0.4166) - create scalar: scalar l_xb = @dlogistic(-xb) (this val...