Hi!

I feel it's more of an econometrics/statistics question, but I would also want to learn how I can do that on Stata.

I often see findings interpreted in terms of standard deviation, like in the following two examples:

"[A shock] led to the index value being 0.15 standard deviations lower than those of similar individuals who did not experience the shock."

or

"[A pollution shock] on exam days cause declines in average exam performance of roughly 2-6% of a standard deviation compared to exams taken during less polluted days."

Given my regression table in the following picture, how do I do interpret the results in that way (say, specifically column (8))?

Array

I heard from someone that I need to do the following:

-0.210 / 1.161 * 100 = ~-18%

Where -0.210 is the coefficient in column (8) regression, and 1.161 is the standard deviation of PC1, the independent variable.

And, therefore, interpreting the results in this way: one unit increase in MMI leads to 0.18 standard deviations lower?

Is this the right way of doing this?

Also, if this is not the right way, is there a code in Stata to do this?

Thanks a lot!