Causation in econometrics - selection bias and average causal effect

This video provides an introduction into selection bias, and explains why a simple difference of means between treatment and control groups does not yield a good estimate for the average causal effect.
Check out oxbridge-tutor.co.uk/graduate-... for course materials, and information regarding updates on each of the courses. Check out ben-lambert.com/econometrics-... for course materials, and information regarding updates on each of the courses. Quite excitingly (for me at least), I am about to publish a whole series of new videos on Bayesian statistics on youtube. See here for information: ben-lambert.com/bayesian/ Accompanying this series, there will be a book: www.amazon.co.uk/gp/product/1...

[@smic18]

Very well explained, thanks a lot :)

[@ajithkp3878]

Very helpful! Thank you!

[@Murattheoz]

Amazing, very helpful.

[@Nathalia-cc7gq]

Great video !!

[@Noname-iz9uo]

Great video! Is this video a series of other videos? Where are the other videos?

[@Akerfeldtfan]

Very helpful, thank you.

[@samuelabera711]

this is great. thanks

[@callingwind5071]

Great video thanks, I am doing an exercise about this topic and I am looking to find some selection bias concerning the impact of corruption on economic growth. somebody can help me about this ? thanks guys

[@michelleslee8040]

Thanks so much

[@yveshelsen9168]

THANK YOU