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control variables 1 model specification 1 variance 1
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Conflict Management and Peace Science 1
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The Phantom Menace of Omitted Variables. A Comment
Vance, Colin; Ritter, Nolan - In: Conflict Management and Peace Science 29 (2012) 2, pp. 233-238
This note demonstrates that in applied regression analysis, the variance of a coefficient of interest may decrease from the inclusion of a control variable, contrasting with Clarke’s assertion (2005, 2009) that the variance can only increase or stay the same. Practitioners may thus be well...
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