15-061/III - On the Ambiguous Consequences of Omitting Variables

  • Authors
    Giuseppe De Luca, University of Palermo, Italy; Jan Magnus, VU University Amsterdam, the Netherlands; Franco Peracchi, University of Tor Vergata, Rome, Italy
  • Publication date
    May 22, 2015
  • Keywords
    Omitted variables, Misspecification, Least-squares estimators, Bias, Mean squared error
  • JEL
    C13, C51, C52