On Standard-Error-Decreasing Complementarity: Why Collinearity is Not the Whole Story

There is a widespread belief among economists that adding additional variables to a regression model causes higher standard errors. This note shows that, in general, this belief is unfounded and that the impact of adding variables on coefficients’ standard errors is unclear. The concept of standard-...

पूर्ण विवरण

में बचाया:
ग्रंथसूची विवरण
में प्रकाशित:MAGKS - Joint Discussion Paper Series in Economics (Band 03-2017)
मुख्य लेखक: Hayo, Bernd
स्वरूप: लेख
भाषा:अंग्रेज़ी
प्रकाशित: Philipps-Universität Marburg 2017
विषय:
ऑनलाइन पहुंच:पीडीएफ पूर्ण पाठ
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MAGKS - Joint Discussion Paper Series in Economics