Question: Reverse causality is a common source of estimator bias. Explain if you think any of your regressor variables might be in a reverse causal relationship
Reverse causality is a common source of estimator bias. Explain if you think any of your regressor variables might be in a reverse causal relationship with the dependent variable (meaning x causes y and y causes x)! What techniques have we learned to deal with this situation (name the type of regression needed.) (just need the second part of the question what are the techniques)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
