A Beginner’s Guide to Instrumental Variables
And when they just might be your superman [R Code Included]
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6 min readJun 24, 2020
As an undergraduate I studied economics, which meant I studied a lot of regressions. It was basically 90% of the curriculum (when we’re not discussing supply and demand curves, of course). The effect of corruption on sumo wrestling? Regression. Effect of minimum wage changes on a Wendy’s…