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Re: st: st: Interpreting Conditional Marginal effects after Heckman
From
Austin Nichols <[email protected]>
To
[email protected]
Subject
Re: st: st: Interpreting Conditional Marginal effects after Heckman
Date
Mon, 4 Jun 2012 13:55:42 -0400
Clifton Chow <[email protected]>
No, 9.8 percent higher.
Note that this is very far from being interpretable as a causal
relationship; no doubt causation goes both ways and there are many
omitted variables.
On Sat, Jun 2, 2012 at 11:39 AM, Clifton Chow
<[email protected]> wrote:
> Dear Statalist,
>
> After combing through the archives of the listserv extensively I managed to estimate a log(hourly wage) model with correction for selection and retrieve conditional marginal effects. I am wondering if I can interpreting the MEs in dollar terms? As an example, one of my significant conditional ME coefficients from a binary variable called "Engaging in Social Activities" is 0.098. Could I interpret this as conditioned on those whose wages are observed, for those engaging in social activities, their predicted hourly wage is .09 cents (almost 10 cents) higher than those who do not?
>
> Thanks in advance as usual.
> C.
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