The most widely used textbooks today conflate three distinct population parameters: the population regression function (PRF), the conditional expectation function (CEF), and the causal effect. They also incorrectly suggest, and sometimes state, that the Conditional Mean Zero assumption implies...

In recent years, advanced democracies have witnessed a marked decline in candidates for local government office, undermining electoral competition and accountability and triggering a sheer political recruitment crisis. Although several factors may contribute to this trend — such as generalized...

Greenhouse gas emissions, primarily carbon dioxide (Co₂), influence climate change and have a significant impact on public health. The relationship is a subject of interest to many researchers. However, the situation of Central and Eastern European (CEE) countries is not sufficiently explored...

This study explores the complex relationship between banking sector performance and economic growth in Central and Eastern European (CEE) countries. Given the banking sector’'s prominent role within the CEE financial system, our research examines its potential as a driver of economic growth...

The most widely used textbooks on Introductory Econometrics conflate three distinct population parameters: the population regression function (PRF), the conditional expectation function (CEF), and the causal effect. They also incorrectly suggest, and sometimes state, that the Conditional Mean...