MPC Member Publications

This database contains a listing of population studies publications written by MPC Members. Anyone can add a publication by an MPC student, faculty, or staff member to this database; new citations will be reviewed and approved by MPC administrators.

Full Citation

Title: Elasticities and the Inverse Hyperbolic Sine Transformation *

Citation Type: Journal Article

Publication Year: 2018

Abstract: Applied econometricians frequently apply the inverse hyperbolic sine (i.e., arcsinh) transformation to a variable because it approximates the natural logarithm of that variable and allows retaining zero-valued observations. We provide derivations of elasticities in common applications of the inverse hyperbolic sine transformation and show empirically that the difference in elasticities driven by ad hoc transformations can be substantial. We conclude by offering practical guidance for applied researchers.

Url: http://marcfbellemare.com/wordpress/wp-content/uploads/2018/06/BellemareWichmanIHSJune2018.pdf

User Submitted?: No

Authors: Bellemare, Marc F; Wichman, Casey J

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IPUMS NHGIS NAPP IHIS ATUS Terrapop