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| From | Ronnie Babigumira <rb.glists@gmail.com> |
| To | statalist@hsphsun2.harvard.edu |
| Subject | Re: st: Economic significance of categorical variable |
| Date | Tue, 11 Feb 2014 09:34:14 +0100 |
I suppose you have looked at http://tien89.wordpress.com/2010/03/05/statistically-vs-economically-significant/ This may also help http://www.tandfonline.com/doi/pdf/10.1080/13501780903337339 On Mon, Feb 10, 2014 at 11:07 PM, Nerissa Fanoembi <nerissa_f@hotmail.com> wrote: > ear Statalist, > > I am wondering how I can interpret the economic significance of categorical variables. > For example I research the effect of the employer type (public or private sector employees) on risk aversion. I find that the probability of being risk averse in the public sector is 6.3 percentage points greater than in the private sector. The sample consists of 1137 individuals. How do I know whether this effect is economic significant? > > Best regards, > > Nerissa. > * > * For searches and help try: > * http://www.stata.com/help.cgi?search > * http://www.stata.com/support/faqs/resources/statalist-faq/ > * http://www.ats.ucla.edu/stat/stata/ * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/faqs/resources/statalist-faq/ * http://www.ats.ucla.edu/stat/stata/