Serial Correlation - as a symptom of omitted variable bias

Share this & earn $10
Ben Lambert
Published at : 26 Oct 2020
24286 views
88
2

This video provides some insight as to how observed serial correlation in residuals can be symptomatic of the more serious issue of omitted variable bias. Check out https://ben-lambert.com/econometrics-course-problem-sets-and-data/ for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: https://ben-lambert.com/bayesian/ Accompanying this series, there will be a book: https://www.amazon.co.uk/gp/product/1473916364/ref=pe_3140701_247401851_em_1p_0_ti
serial correlationautocorrelationomitted variable bias

This Is Why The Swivel Technique Allows You To Go Faster With More Power - James Payne

This Is Why The Swivel Technique Allows You To Go Faster With More Power - James Payne

God's Power To Transform (William Branham 65/09/11)

God's Power To Transform (William Branham 65/09/11)

Sadhguru - You Just Strive and Anything that you wish will happen!

Sadhguru - You Just Strive and Anything that you wish will happen!

Cutting Hand Magic Trick !! Amazing !!

Cutting Hand Magic Trick !! Amazing !!

Protokseed - Frustration [ACID TEKNO]

Protokseed - Frustration [ACID TEKNO]

Katie Pruitt - It's Always Been You (Official Audio)

Katie Pruitt - It's Always Been You (Official Audio)

Now that I’ve acknowledged that Jeremy might potentially comment on this yt channel, he wont comment

Now that I’ve acknowledged that Jeremy might potentially comment on this yt channel, he wont comment

The moment Alex Kingston learns who 13th Doctor is going to be

The moment Alex Kingston learns who 13th Doctor is going to be

Kan Wakan - Moving On (Robin Hannibal Remix)

Kan Wakan - Moving On (Robin Hannibal Remix)

NCT 127 Talks New Album ‘We are Superhuman’ & Touring in America

NCT 127 Talks New Album ‘We are Superhuman’ & Touring in America

Welcome to Fireside Chat

Welcome to Fireside Chat

Your Girlfriend Will Want to Steal this Surfboard | Eye Symmetry Rapture Joyride

Your Girlfriend Will Want to Steal this Surfboard | Eye Symmetry Rapture Joyride

The Driver (1978) - 🚓🚓 The F***ing Awesome Chase Ever 🚔🚦

The Driver (1978) - 🚓🚓 The F***ing Awesome Chase Ever 🚔🚦

Young Women @ 150 Devotional

Young Women @ 150 Devotional

15 Phrases for Speaking Polite English

15 Phrases for Speaking Polite English

Neovaii - Heart Shaped Box

Neovaii - Heart Shaped Box

Of Machines - As If Everything Was Held in Place

Of Machines - As If Everything Was Held in Place

Every Americana Finish in UFC History

Every Americana Finish in UFC History

Stacy e pai brincam com worms de computador

Stacy e pai brincam com worms de computador

P R E C I S E L Y

P R E C I S E L Y

What If You Stopped Drinking Water for 7 Days?

What If You Stopped Drinking Water for 7 Days?

To Defy the Laws of Tradition

To Defy the Laws of Tradition

Yellow Days - Love Is Everywhere | A COLORS SHOW

Yellow Days - Love Is Everywhere | A COLORS SHOW

Post Acute Withdrawal Syndrome (PAWS) in Addiction Recovery

Post Acute Withdrawal Syndrome (PAWS) in Addiction Recovery

Purpose, Types and Values Suggested in Visual Media (MELC)

Purpose, Types and Values Suggested in Visual Media (MELC)

Part 1: Understanding the Simple Present

Part 1: Understanding the Simple Present

How to Look After a Hamster - Basic Care Needs

How to Look After a Hamster - Basic Care Needs

"Don't shoot for hotter girls than your skills allow!" TRUE OR NOT? #AskTheNaturals 024

"Don't shoot for hotter girls than your skills allow!" TRUE OR NOT? #AskTheNaturals 024

[HD] 2.0 Hot Wheels AcceleRacers: The Speed Of Silence - english

[HD] 2.0 Hot Wheels AcceleRacers: The Speed Of Silence - english

Only Reminds Me Of You - MYMP (KARAOKE)

Only Reminds Me Of You - MYMP (KARAOKE)

What Uhuru wanted to say at Bomas.

What Uhuru wanted to say at Bomas.

01 In Terms of Sorrow | Zion Gospel track

01 In Terms of Sorrow | Zion Gospel track

E esse AMAZON PRIME DAY? Tá legal mesmo?

E esse AMAZON PRIME DAY? Tá legal mesmo?

DEVELOP A CONFIDENT OUTGOING PERSONALITY SUBLIMINAL | Be Extremely Self-Assured, Positive & Sociable

DEVELOP A CONFIDENT OUTGOING PERSONALITY SUBLIMINAL | Be Extremely Self-Assured, Positive & Sociable

The "REAL" Virus Is Not The Corona Virus - It's The Government.

The "REAL" Virus Is Not The Corona Virus - It's The Government.

funny trolls of students[fun in online classes] funny accounting class

funny trolls of students[fun in online classes] funny accounting class

The Battles: Brock Ashby v Jackson Parfitt 'Waves' | The Voice Australia 2018

The Battles: Brock Ashby v Jackson Parfitt 'Waves' | The Voice Australia 2018

Mediennutzung #8 – Kontrolle der Mediennutzung auf iPhone und iPad

Mediennutzung #8 – Kontrolle der Mediennutzung auf iPhone und iPad

END OF THE LINE for Modern Warfare...

END OF THE LINE for Modern Warfare...

The Specials with Amy Winehouse

The Specials with Amy Winehouse

ANYBODY

ANYBODY

The newest mush up cover of J-Nissi Elisha Calibo

The newest mush up cover of J-Nissi Elisha Calibo

Give the Gift of Opportunity (extended)

Give the Gift of Opportunity (extended)

Sardinha says govt should consult locals before finalising  projects

Sardinha says govt should consult locals before finalising projects

HOW COLORS AFFECT YOUR MOOD | READ PERSONALITIES AND PERSUADE PEOPLE WITH COLORS

HOW COLORS AFFECT YOUR MOOD | READ PERSONALITIES AND PERSUADE PEOPLE WITH COLORS

Ruby was in a terrific mood at Leonard's Kielbasi Market.

Ruby was in a terrific mood at Leonard's Kielbasi Market.

iCloud Storage - How to Free Up Space

iCloud Storage - How to Free Up Space

The Body's Most Fascinating Organ: the Brain

The Body's Most Fascinating Organ: the Brain

Solving 7 COMMON Decor Dilemmas (paint, furniture layout, where to start & more) EP.1 | XO, MaCenna

Solving 7 COMMON Decor Dilemmas (paint, furniture layout, where to start & more) EP.1 | XO, MaCenna