Artikel
The Phantom Menace of Omitted Variables. A Comment
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 advised to include a relevant control variable on this basis alone, particularly when it is weakly correlated with the variable of interest.
- Language
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Englisch
- Bibliographic citation
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Journal: Conflict Management and Peace Science ; Volume: 29 ; Year: 2012 ; Issue: 2 ; Pages: 233-238 ; London: SAGE
- Classification
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Wirtschaft
- Subject
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control variables
model specification
variance
- Event
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Geistige Schöpfung
- (who)
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Vance, Colin
Ritter, Nolan
- Event
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Veröffentlichung
- (who)
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SAGE
- (where)
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London
- (when)
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2012
- DOI
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doi:10.1177/0738894211433169
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Vance, Colin
- Ritter, Nolan
- SAGE
Time of origin
- 2012
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