ECON-A3000 - Principles of Empirical Analysis, Lecture, 10.1.2022-21.2.2022
This course space end date is set to 21.02.2022 Search Courses: ECON-A3000
Pre-class exercise 4
Completion requirements
and submit a short summary that answers the following questions:
Due: Tuesday, 18 January 2022, 10:00 AM
This time I will leave your pre-class preparation to Master Joshway (also know as the 2021 Nobel laureate Joshua Angrist). Please watch the following videos:
- Ceteris paribus (6min)
- Selection bias (9min)
- What does "counterfactual" mean? Why is this an important concept?
- How could selection bias arise in the context of returns to attending a private (vs. public) university?
- Why does random assignment eliminate selection bias in this context?