Omitted variable bias
Short slope = long slope + β₂δ₁: compute the bias, recover the long slope, and sign the bias when the omitted variable was never measured.
About 35 minutes8 activities Paper packet
Short slope = long slope + β₂δ₁: compute the bias, recover the long slope, and sign the bias when the omitted variable was never measured.
About 35 minutes8 activities Paper packet