Dear Statalist members,
As of today, I registered on this forum because I can not figure out one particular item within my research. I sincerely hope someone is able to help me and that I did not violate any forum rules while requesting help. My issue is as follows.
First, I calculate the monthly average of the number of negative words within newspaper articles. This score is then 'normalized' between 0 and 100. After, I log-transform this variable to interpret changes as percentages.
The coefficient I find is very small, but significant: 0,009. Because I wish to also give the coefficient a more meaningful economic interpretation, I searched and came across an article describing listcoef. After running this command, it turns out my std deviation (SDofX) is 0,89 for this variable. My question is: how to interpret a one standard deviation change? Is it correct to simply multiple the two and infer that the effect is minor?
Thanks in advance!
Martin
As of today, I registered on this forum because I can not figure out one particular item within my research. I sincerely hope someone is able to help me and that I did not violate any forum rules while requesting help. My issue is as follows.
First, I calculate the monthly average of the number of negative words within newspaper articles. This score is then 'normalized' between 0 and 100. After, I log-transform this variable to interpret changes as percentages.
The coefficient I find is very small, but significant: 0,009. Because I wish to also give the coefficient a more meaningful economic interpretation, I searched and came across an article describing listcoef. After running this command, it turns out my std deviation (SDofX) is 0,89 for this variable. My question is: how to interpret a one standard deviation change? Is it correct to simply multiple the two and infer that the effect is minor?
Thanks in advance!
Martin
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