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Weekly links June 29: cash does more good things, interpreting IHS, technical assistance to banks increased credit, and more...

David McKenzie's picture
              The question is then how to interpret the estimated coefficient b. The nice result for us is that “standard logarithmic adjustments for semi-elasticities in arcsinh-linear equations with dummy variables can be used with little error for dependent variables with untransformed means roughly greater than 10.”. That is, for y large enough (he says y>10 as a guideline), then the just like in a log-linear specification, the percent change in y due to treatment changing from 0 to 1 is approximately exp(b) – 1.
Note that Development Impact will be on break next week for the 4th of July. See you back on July 9.