Journal ArticleDOI
Interaction terms in logit and probit models
Chunrong Ai,Edward C. Norton +1 more
TLDR
In this article, the authors present the correct way to estimate the magnitude and standard errors of the interaction effect in nonlinear models, which is the same way as in this paper.About:
This article is published in Economics Letters.The article was published on 2003-07-01. It has received 5500 citations till now. The article focuses on the topics: Multinomial probit & Logit.read more
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Understanding Interaction Models: Improving Empirical Analyses
TL;DR: A survey of the top three political science journals from 1998 to 2002 suggests that the execution of these models is often flawed and inferential errors are common as discussed by the authors, and that scholars follow the simple checklist of dos and don'ts for using multiplicative interaction models presented in this article.
Journal ArticleDOI
Computing Interaction Effects and Standard Errors in Logit and Probit Models
TL;DR: In this paper, the authors explain why computing the marginal effect of a change in two variables is more complicated in nonlinear models than in linear models, and explain how to compute the correct marginal effect in non-linear models.
Journal ArticleDOI
Innovation objectives, knowledge sources, and the benefits of breadth
TL;DR: In this article, the authors conduct a firm-level analysis of the impact of breadth in both innovation objectives and knowledge sources and find that broader horizons with respect to innovation objectives are associated with successful innovation.
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Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide
TL;DR: In this paper, the influence of corporate governance on financial firms' performance during the 2007-2008 financial crisis was investigated using a unique dataset of 296 financial firms from 30 countries that were at the center of the crisis.
Posted Content
Corporate Tax Avoidance and Stock Price Crash Risk: Firm-Level Analysis
TL;DR: In this article, a large sample of U.S. firms for the period 1995-2008 was used to show that corporate tax avoidance is positively associated with firm-specific stock price crash risk, which is consistent with the following view: tax avoidance facilitates managerial rent extraction and bad news hoarding activities for extended periods by providing tools, masks, and justifications for these opportunistic behaviors.
References
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Journal ArticleDOI
The Wage and Employment Effects of the Americans with Disabilities Act
TL;DR: In this paper, the authors analyzed the effects of the Americans with Disabilities Act of 1990 (ADA) on the employment and wages of disabled men using data from the Survey of Income and Program Participation.
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Do Medicare HMOs still reduce health services use after controlling for selection bias
TL;DR: The study found that even when favorable selection is controlled for, Medicare HMOs significantly reduce both the probability of hospitalization and the number of inpatient days used by those who are hospitalized, and do not appear to reduce the use of physician services.