Hey listers,

I am using the "xsmle" command to run fixed effects models on panel data. I am particularly interested in computing the indirect effects of my covarietes so I added the "effects" option. All my variables are in logarithms - dependent ln(x) and independent ln(y)-, but I'm not sure about the interpretation of the coefficients the "effects" option retrieves (LR Direct, Indirect and Total Effects).

For example, if LR Direct retrieves a coefficient of 0.312331. Should I go: a 1% change v1 is correlated with a 0.312331% change in y or a 31.2331% change in y.

Best regards,

Marcos