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- Tue Jan 03, 2012 7:02 am
- Forum: Econometric Discussions
- Topic: Omitted Variable Bias
- Replies: 0
- Views: 2059
Omitted Variable Bias
Hi folks, I have just completed a program that illustrates the effects of Omitted Variable Bias. Within the program, I am altering the following things : 1)sample size 2)the true value of the omitted beta value 3)and the value of 'a'. 'a' is used in the following way - series X2=!c+!a*x1+@nrnd*(10^2...