#------------------------------
#
#Date: Mon, 1 Feb 2010 08:45:45 +0000 (GMT)
#From: Maarten buis <[email protected]>
#Subject: Re: st: Multiplying coefficients and standard errors in
-estout-
#
#- --- On Mon, 1/2/10, Bert Jung wrote:
#> I am reporting coefficients from a linear probability model
#> using -estout- and -esttab-. I would like to multiply the
#> coefficients with 100 so that readers can interpret them as
#> percentage point change. I tried the -transform(@*100)-
#> option in estout which works for the coefficients but
#> struggle with the standard errors.
#
# A linear probability model is in most disciplines considered
# as a model that has only didactic value as a starting point
# for "serious" models for binary dependent variables like
# - -logit- and -probit-. So you probably don't want to use that
# model.
For robustly held views in favour of the linear probability model in
almost all circumstances, have a look at /Mostly Harmless
Econometrics/, the recent book by J Angrist and S Pischke, Princeton
UP.
One may not agree with them on this (or several other things), but
they make you think ...
Stephen
-------------------------------------------------------------
Professor Stephen P. Jenkins <[email protected]>
Institute for Social and Economic Research
University of Essex, Colchester CO4 3SQ, U.K.
Tel: +44 1206 873374. Fax: +44 1206 873151.
http://www.iser.essex.ac.uk ;
Survival Analysis using Stata:
http://www.iser.essex.ac.uk/iser/teaching/module-ec968
Downloadable papers and software: http://ideas.repec.org/e/pje7.html
*
* For searches and help try:
* http://www.stata.com/help.cgi?search
* http://www.stata.com/support/statalist/faq
* http://www.ats.ucla.edu/stat/stata/
