Re: st: RE: RE: RE: Reference group for categorical interactions

["Bartus Tamás" <tamas.bartus@uni-corvinus.hu>]

The second paragraph of page 17 of the paper suggests that marginal effects should be less
sensitive to mispecification or error variance than odds ratios. Maybe this is the point....

Tamas

On 13/09/27, David Hoaglin  <dchoaglin@gmail.com> wrote:

Norton's comment about odds ratios being conditional on the data and
the model applies equally to the regression coefficients in a multiple
regression.  From reading only the abstract, I don't know whether he
makes that connection.

David Hoaglin

On Fri, Sep 27, 2013 at 5:11 AM,  <S.Jenkins@lse.ac.uk> wrote:
> The debate about the relative usefulness of odds ratios and marginal effects will run and run, and for some good reasons.
>
> Nonetheless, for some strongly expressed views that are counter to Maarten's, and which I have some sympathy with, have a look at:
>
> "Log Odds and Ends", by Edward C. Norton, NBER Working Paper No. 18252, http://www.nber.org/papers/w18252
> Inter alia, Norton states in his abstract " There is no one odds ratio ..."
>
> Stephen
> ------------------
> Stephen P. Jenkins <s.jenkins@lse.ac.uk>
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--

Tamás Bartus, PhD
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