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  • Search: subject:"model specifi cation"
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Control variables 1 model specifi cation 1 variance 1
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English 1
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Ritter, Nolan 1 Vance, Colin 1
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Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) 1
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Ruhr Economic Papers 1
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The Phantom Menace of Omitted Variables – A Comment
Ritter, Nolan; Vance, Colin - Rheinisch-Westfälisches Institut für … - 2011
This note demonstrates that in applied regression analysis, the variance of a coeffi cient 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...
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