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A Note on Estimated Coefficients in Random Effects Probit Models Author info | Abstract | Publisher info | Download info | Related research | Statistics Arulampalam, W.
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This note points out to applied researchers what adjustments are needed to the coefficient estimates in a random effects probit model in order to make valid comparisons in terms of coefficient estimates and marginal effects across different specifications. These adjustments are necessary because of the normalization that is used by standard software in order to facilitate easy estimation of the random effects probit model.
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number
520.
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Length: 8 pages
Date of creation: 1998Date of revision:
Handle: RePEc:wrk:warwec:520Contact details of provider: Postal: CV4 7AL COVENTRY Phone: +44 (0) 2476 523202 Fax: +44 (0) 2476 523032 Web page: http://www2.warwick.ac.uk/fac/soc/economics/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Margaret Nash).
Keywords: ECONOMIC MODELS ; EVALUATION ; Other versions of this item:
Find related papers by JEL classification: C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Estimation C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data
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Robinson, Peter M, 1982.
"On the Asymptotic Properties of Estimators of Models Containing Limited Dependent Variables ,"
Econometrica ,
Econometric Society, vol. 50(1), pages 27-41, January.
[Downloadable!] (restricted)
Guilkey, David K. & Murphy, James L., 1993.
"Estimation and testing in the random effects probit model ,"
Journal of Econometrics ,
Elsevier, vol. 59(3), pages 301-317, October.
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Hammar, Henrik & Carlsson, Fredrik, 2001.
"Smokers' Decisions To Quit Smoking ,"
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Panos, Sousounis, 2008.
"State dependence in work-related training participation among British employees: A comparison of different random effects probit estimators ,"
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Peter Gibbard & Ibrahim Stevens, .
"Corporate debt and financial balance sheet adjustment: a comparison of the United States, the United Kingdom, France and Germany ,"
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Axel Heitmueller & Pierre-Carl Michaud, 2006.
"Informal Care and Employment in England: Evidence from the British Household Panel Survey ,"
IZA Discussion Papers
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Henrik Hammar & Fredrik Carlsson, 2005.
"Smokers' expectations to quit smoking ,"
Health Economics ,
John Wiley & Sons, Ltd., vol. 14(3), pages 257-267.
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Andrew Benito & Garry Young, .
"Hard Times or Great Expectations?: Dividend omissions and dividend cuts by UK firms ,"
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Benito, Andrew & Garry Young, 2002.
"Hard Times or Greatr Expectations?: Dividend Omissions and Dividend Cuts by UK Firms ,"
Royal Economic Society Annual Conference 2002
21, Royal Economic Society.
[Downloadable!] Andrew Benito & Garry Young, 2003.
"Hard Times or Great Expectations? Dividend Omissions and Dividend Cuts by UK Firms ,"
Oxford Bulletin of Economics and Statistics ,
Department of Economics, University of Oxford, vol. 65(5), pages 531-555, December.
[Downloadable!] (restricted) repec:ese:iserwp: is not listed on IDEAS
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Discussion Papers
07/01, Department of Economics, University of York.
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2709, Institute for the Study of Labor (IZA).
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604, Institute for the Study of Labor (IZA).
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Other versions: Dionne, G. & Michaud, P.C. & Dahchour, M., 2004.
"Separating moral hazard from adverse selection in automobile insurance : longitudinal evidence from France ,"
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79, Tilburg University, Center for Economic Research.
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Other versions: Ulrich Kaiser & Andrea Szczesny, 2000.
"Einfache oekonomische Verfahren fuer die Kreditrisikomessung ,"
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Mark B. Stewart, 2007.
"The interrelated dynamics of unemployment and low-wage employment ,"
Journal of Applied Econometrics ,
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10th International Conference on Panel Data, Berlin, July 5-6, 2002
B2-4, International Conferences on Panel Data.
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Sousounis, Panos & Bladen-Hovell, Robin, 2008.
"Persistence in work-related training: evidence from the BHPS, 1991-1998 ,"
MPRA Paper
9424, University Library of Munich, Germany.
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Marco Francesconi and Carlos Garcia-Serrano, 2002.
"Unions, temporary employment and hours of work: a tale of two countries ,"
Doctorado en EconomÃa- documentos de trabajo
8/02, Programa de doctorado en Economía. Universidad de Alcalá., revised 01 May 2002.
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Andrew Benito & Garry Young, .
"Financial pressure and balance sheet adjustment by UK firms ,"
Bank of England working papers
168, Bank of England.
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