Practitioners' Corner: A Note on Estimated Coefficients in Random Effects Probit Models.

This note points out to applied researchers what adjustments are needed to the coefficient estimates in a random effects probit model in order to make valid comparisons in terms of coefficient estimates and marginal effects across different specifications. These adjustments are necessary because of the normalization that is used by standard software in order to facilitate easy estimation of the random effects probit model. Copyright 1999 by Blackwell Publishing Ltd