Nitul Desphande

Accomplished economist and policy specialist with 3+ years of demonstrated experience working in the finance industry as well as public sector. Proven track record in measuring and analysing complex data while providing practical insight for use in the development of policy and in creating impactful change initiatives. Passion for initiatives that foster innovation and quality of life for people. Looking forward to continuing to grow my career in finance and economics. Write to me on my account to contact me.

Threat to validity of regression analysis – Omitted Variables Bias

Most of the readers of this blog would be familiar with ordinary least squares estimator and regression models. Let us talk about one source that can cause these estimates and models to be biased and inconsistent. This is especially important when we think about the causal relationship of interest or the relationship which being studied. …

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