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From | Nora Reich <nhmreich@googlemail.com> |
To | statalist@hsphsun2.harvard.edu |
Subject | Re: st: control a variable in stata |
Date | Sat, 21 Apr 2012 21:33:42 +0200 |
As far as I know, -poisson- is for skewed distributions, and salary distribution in general often fulfills this requirement, but salary of NBA players might show a different distribution. The distribution can be checked, e.g. with the command -histogram salary- (for more information type -help histogram-). Andy, I would compare the assumptions and requirements of different estimation strategies (OLS, poisson) and find out which fits better with the data. I would also check which estimations strategies are used by similar papers, and why. Apart from -poisson- and -regress-, I cannot think of any at the moment that have to be considered for your salary-estimations. However, if there was something like a "minimum wage" for NBA players, i.e. salary is censored, -tobit- would be an alternative. Best regards Nora -- Nora Reich www.nora-reich.de Publications: http://www.nora-reich.de/publikationen.html http://www.hwwi.org/ueber-uns/team/forscher/nora-reich/publications.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/