Title | Week 10 ordered logit notes |
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Author | kayla czar |
Course | Applied Econometrics |
Institution | Auckland University of Technology |
Pages | 1 |
File Size | 34.2 KB |
File Type | |
Total Downloads | 19 |
Total Views | 165 |
Notes taken from the lecture on ordered logit. teacher was Nan...
Logit Y = either 1 or 2 Mlogit y = either 1 or 2 or 3 Ologit y = 1st or 2nd or 3rd STATA: ologit warm yr89 male white ed prst OUTPUT: interpret the signs and significance STATA ologit warm yr89 male white ed prst, or OUTPUT: meaningful odds ratios; education = 1.12 “if a person gains a year extra education they are 12% more likely to move up to the next higher warmth category at the 1% significance level ceterius paribus” Male = 0.50 --> 1/0.5 = 2 therefore being male you are 100% less likely to move up a warmth category relative to females on average ceterius paribus at the 1% significance level Topic 5 slides are important here Install the omodel command STATA: help omodel Click first hyperlink Click install STATA: omodel logit warm yr89 male white age ed prst OUTPUT: Prob > chi2 = 0.0000 it is significant ‘we reject the null hypothesis that the proportioin of odds holds’ - chtp 10 topic 5 slides. Testing the proportionality of odds Use help function e.g. STATA: help probit...