English, Article, Journal or magazine article edition: Very simple marginal effects in some discrete choice models Kevin J. Denny

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Bookmark: http://trove.nla.gov.au/version/22713
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Very simple marginal effects in some discrete choice models
Author
  • Kevin J. Denny
Physical Description
  • preprint
Notes
  • RePEc:ucd:wpaper:200921
  • 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.
  • marginal effects, binary choice, count data
  • RePEc:ucn:wpaper:200909
Language
  • English
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