Tuesday, May 29, 2012

If your observables are correlated with the variable of interest, how dare you assume your unobservables are not?

Trees reduce crime. I love trees, but I'm not sure I buy it.

OK, maybe I should actually read this paper before calling it out, but just because you control for SES, doesn't mean you fix the problem. Unless you've got a convincing identification strategy, you've still just got an interesting partial correlation.

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