Arbeitspapier
Very simple marginal effects in some discrete choice models
I show a simple back-of-the-envelope method for calculating marginal effects in binary choice and count data models. The approach suggested here focuses attention on marginal effects at different points in the distribution of the dependent variable rather than representative points in the joint distribution of the explanatory variables. For binary models, if the mean of the dependent variable is between 0.4 and 0.6 then dividing the logit coefficient by 4 or multiplying the probit coefficient by 0.4 should be moderately accurate.
- Language
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Englisch
- Bibliographic citation
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Series: UCD Centre for Economic Research Working Paper Series ; No. WP09/09
- Classification
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Wirtschaft
- Subject
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Marginal effects
Binary choice
Count data
- Event
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Geistige Schöpfung
- (who)
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Denny, Kevin
- Event
-
Veröffentlichung
- (who)
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University College Dublin, UCD School of Economics
- (where)
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Dublin
- (when)
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2009
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Denny, Kevin
- University College Dublin, UCD School of Economics
Time of origin
- 2009
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