Reblog – Interpreting STATA models for log-transformed outcomes

The natural log transformation is often used to model nonnegative, skewed dependent variables such as wages or cholesterol. We simply transform the dependent variable and fit linear regression models like this: Unfortunately, the predictions from our model are on a log scale, and most of us have trouble thinking in terms of log wages or …

Reblog-the future role of the SME sector in housing supply

Source: Laing O’Rourke Centre for Construction Engineering and Technology The average number of housing completions (DCLG, 2015): From 1990 to pre-crisis: 181,000 per year in the UK and 143,000 in England After crisis to 2015: 140,000 in the UK and 115,000 in England From 2014: annual deliveries are back at 1990 levels. At present, around …