Hidden in plain sight: Influential sets in linear regression
05 December 2023 2:00 pm CET
Join Jesus Crespo as he explores the world of econometrics through case studies in development economics.
In cooperation with:
Venue
This is an online event.
Description
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 European University Institute (EUI) 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.
Registration
Speaker(s)
Jesús Crespo Cuaresma is Professor of Economics at the Vienna University of Economics and Business (WU), as well as Director of Economic Analysis at the Wittgenstein Centre for Demography and Global Human Capital (WIC) and Research Scholar at the International Institute of Applied Systems Analysis (IIASA). His research interests are in the fields of applied econometrics, macroeconomics, economic growth, human capital and economic policy. He has published extensively in renowned scientific journals such as Science, Proceedings of the National Academy of Sciences, Nature Communications, Nature Climate Change, Demography, European Economic Review or Journal of Applied Econometrics, just to name a few.
Rosanna Gualdi is a PhD student at Universita' di Bologna studying the impact of climate change on human mortality patterns as part of the FRONTIERS and POPCLIMA initiatives. Under Raya Muttarak's supervision, she aims to understand how climate change influences mortality, its differential effects on population groups, and predict future population dynamics. Previously, she worked at the ENEA research center, detecting illegal radioactive particles from nuclear tests monitored by CTBTO.
Scientific Organiser(s):
Fabio Santeramo (European University Institute)
Mahdi Ghodsi (The Vienna Institute for International Economic Studies)
JEL classification: C18, C52