Instrumental variables (IV) estimation addresses endogeneity arising when an explanatory variable correlates with the error term, biasing ordinary least squares (OLS ...
A frequent problem in the estimation of linear regression models is that the predictors are correlated with the error term contained in the regression equation. To ...
Imagine a sports injury researcher claiming: ‘the effect of the injury prevention programme we reported in the trial is unbiased because we analysed according to the intention-to-treat principle’ (ITT ...