Hidden in plain sight: Influential sets in linear regression

December 5, 2023 @ 2:00 pm – 3:30 pm Europe/Rome Timezone
Mia Saugman
Join Jesus Crespo as he explores the world of econometrics through case studies in development economics.

Influential sets are sets of observations that have considerable impact on econometric results.This webinar presents a disciplined and insightful method for assessing the sensitivity of regression-based inference to influential sets. Algorithmic approaches are explored to identify influential sets, discuss interpretation, and assess the sensitivity of earlier studies to these sets. This method is applied to established results in development economics, and show that results are driven by small influential sets. Identifying and analysing these sets can reveal potential omitted variable bias, unobserved heterogeneity, a lack of external validity, and technical limitations of the methodological approach used.

This event is co-organised with the Vienna Institute for International Economic Studies (wiiw) and the Research Centre International Economics (FIW).

The project leading to this webinar has received funding from the European Union’s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agreement No. 101031139.Any dissemination of the results of this event, reflect only the presenters’ view. The European Commission is not responsible for any use that may be made of the information it contains. 

This event will be recorded.