Dear listusers,
I have a quick question about the marginal effect of logit model.
Suppose I put black, female, and the interaction term of black and female
(blackfem) in the logit model, and use "mfx compute" to obtain the
marginal effects. My dependent variable is a dichotomous variable:
person's working status. My model is:
working status (Y) = B0 + black*B1 + female*B2 + blackfem*B3 + ... +
error term.
Regardless of the significance value, can I simply interpret B1-B3 as
what we do for OLS? If not, how did you interpret them in English?
Thanks in advance,
Ying
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