regression – What do endogeneity and exogeneity mean …
Endogeneity – an overview | ScienceDirect Topics, Endogeneity (econometrics) – Wikipedia, What does endogeneity mean? – definitions, Endogeneity. In a statistical model, a parameter or variable is said to be endogenous when there is a correlation between the parameter or variable and the error term. Endogeneity can arise as a result of measurement error, autoregression with autocorrelated errors, simultaneity and omitted variables.
Laurence Ball, in Handbook of Monetary Economics, 2010. 3.1.2 Controlling for initial conditions. As described earlier, Ball and Sheridan (2005) addressed the endogeneity problem by estimating Eq. (2), a diffs-in-diffs equation that controls for the initial level of performance.They examined advanced economies and, like the new empirical work in this chapter, found no effects of IT except a …
Broad assumptions regarding an independent variable can often result in endogeneity in a linear regression model. For example, let’s say that we are running a regression to assess the relationship between age and earnings.
