Omitted variable bias: A threat to estimating causal relationships
We aim to raise awareness of the omitted variable bias (i.e., one special form of endogeneity) and highlight its severity for causal claims. Firstly, we demonstrate via analytic proof that omitting a relevant variable from a model which explains the independent and dependent variable leads to biased...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2021-12-01
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| Series: | Methods in Psychology |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590260121000321 |