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st: Re: standardized betas in Prais-Winsten Regression


From   Christopher Baum <[email protected]>
To   "[email protected]" <[email protected]>
Subject   st: Re: standardized betas in Prais-Winsten Regression
Date   Wed, 20 Oct 2010 09:15:34 -0400

<>
On Oct 20, 2010, at 2:33 AM, Lisa wrote:

> I am trying to compute the standardized betas for a Prais-Winsten Regression. I know that I can add the option "beta" in an OLS. When I add the option in a Prais-Winsten Regression, I don't get an error message, but the coefficients don't change. Can anyone please help me?

beta coefficients are just regression coefficients from z(y) = z(X)beta + e. Apply the z-transform to LHS and RHS variables and estimate the model. Ben Jann's -center- on SSC Is an easy way to do the standardization.

Kit



Kit Baum   |   Boston College Economics & DIW Berlin   |   http://ideas.repec.org/e/pba1.html
                              An Introduction to Stata Programming  |   http://www.stata-press.com/books/isp.html
   An Introduction to Modern Econometrics Using Stata  |   http://www.stata-press.com/books/imeus.html


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