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A Note on Estimated Coefficients in Random Effects Probit Models
Author(s) -
Arulampalam Wiji
Publication year - 1999
Publication title -
oxford bulletin of economics and statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.131
H-Index - 73
eISSN - 1468-0084
pISSN - 0305-9049
DOI - 10.1111/1468-0084.00146
Subject(s) - probit model , ordered probit , normalization (sociology) , econometrics , probit , random effects model , statistics , mathematics , multinomial probit , medicine , meta analysis , sociology , anthropology
This note points out to applied researchers what adjustments are needed tothe 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 easyestimation of the random effects probit model.