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  • Oster estimates

    Dear Statalisters,

    I need some help related to Oster estimates for my OLS estimates.

    My code is:
    reg ch_malaria toilet_access, independent controls......., i.wealthq i.district, cluster(village)

    beta of toilet access= 0.22119 R-sq= 0.29

    For coeff. stability test, I want to use Oster estimates. the code i use is psacalc delta imp_san

    -------------+----------------------------------------------------------------
    delta | 0.00000
    -------------+----------------------------------------------------------------

    ---- Inputs from Regressions ----
    | Coeff. R-Squared
    -------------+----------------------------------------------------------------
    Uncontrolled | 0.66419 0.033
    Controlled | 0.22119 0.290
    -------------+----------------------------------------------------------------

    ---- Other Inputs ----
    -------------+----------------------------------------------------------------
    R_max | 1.000
    Beta | 0.220000
    Unr. Controls|
    -------------+--------------------

    . psacalc beta imp_san, rmax(0.35) delta(1)

    ---- Treatment Effect Estimate ----
    | Estimate Sq. difference Bias changes
    | from controlled beta direction
    -------------+----------------------------------------------------------------
    Beta | -1.2722e+31 1.62e+62
    Alt. sol. 1 | 0.22119 0 Yes
    Alt. sol. 2 |
    -------------+----------------------------------------------------------------

    ---- Inputs from Regressions ----
    | Coeff. R-Squared
    -------------+----------------------------------------------------------------
    Uncontrolled | 0.66419 0.033
    Controlled | 0.22119 0.290
    -------------+---------------------------------------------------------------
    . psacalc beta imp_san, delta(1)

    ---- Treatment Effect Estimate ----
    | Estimate Sq. difference Bias changes
    | from controlled beta direction
    -------------+----------------------------------------------------------------
    Beta | -1.5055e+32 2.27e+64
    Alt. sol. 1 | 0.22119 0 Yes
    Alt. sol. 2 |
    -------------+----------------------------------------------------------------

    ---- Inputs from Regressions ----
    | Coeff. R-Squared
    -------------+----------------------------------------------------------------
    Uncontrolled | 0.66419 0.033
    Controlled | 0.22119 0.290
    -------------+----------------------------------------------------------------

    ---- Other Inputs ----
    -------------+---------------------------------------------------------

    I am not sure how the interpret the delta, having -ve sign and defining the threshold for delta and R-square.
    I would appreciate if i can get some help. I looked for previous posts , but i am still need some explanation on the way i am doing.
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