A Note on Estimated Coefficients in Random Effects Probit Models
指出应用研究者在使用随机效应Probit模型时,需对系数估计值进行调整,以便在不同设定下比较系数和边际效应,因为标准软件为简化估计采用了归一化处理。
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.