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Re: elasticity at the mean
Posted: Thu Jul 28, 2016 3:04 pm
by Bali Quintero
How are the standarized coefficients estimated. The help file is not too clear.
Thanks! :D
Re: elasticity at the mean
Posted: Thu Jul 28, 2016 3:07 pm
by EViews Gareth
http://www.eviews.com/help/helpintro.ht ... stics.html
The standardized coefficients are the point estimates of the coefficients standardized by multiplying by the standard deviation of the dependent variable divided by the standard deviation of the regressor
Seems pretty clear?
Re: elasticity at the mean
Posted: Fri Jul 29, 2016 11:43 am
by Bali Quintero
What would be the mathematical representation?
Re: elasticity at the mean
Posted: Fri Jul 29, 2016 12:29 pm
by EViews Gareth
Beta_standardized = beta_X*sigma_Y/sigma_X
Re: elasticity at the mean
Posted: Fri Jul 29, 2016 12:57 pm
by Bali Quintero
Thank you! :eviews6: