Bookmark and Share

Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.


[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

st: within estimator and effecomic effects


From   Erasmo Giambona <[email protected]>
To   statalist <[email protected]>
Subject   st: within estimator and effecomic effects
Date   Tue, 31 Jan 2012 10:43:12 +0100

Dear All,

To assess economic significance, people in finance (including myself)
usually rely on the effect of 1 standard deviation increase in the
independent variable (multiplied by the coefficient estimate). The
standard deviation is usually the sample standard deviation. In
principle, this seems incorrect when one is using the within estimator
(such as the estimator from xtreg). In this case, it would seem more
natural to rely on the within-unit standard deviation.

But I am wondering whether this is the correct way of looking at things.

I would appreciate if you could share any thoughts on this.

Best regards,

Erasmo
*
*   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/


© Copyright 1996–2018 StataCorp LLC   |   Terms of use   |   Privacy   |   Contact us   |   Site index