Econometrics: Control Variables

What are control variables good for and why do we use them? How can we use control variables to solve endogeneity problems?

[pedrocolangelo]

Seriously, with this enthusiasm of yours, you could easily explain any subject in the whole world to me and I would never get bored.

I wish tons of likes and subscriptions to you!

[niltonpereiradossantos]

Nobody taught me how to identify control variables, until now. It will be so helpful to my PhD thesis. Thanks from Brazil. God bless you!

[GradStudentTutorials]

This is the best video of control variables that I've seen.

[cesarrubio]

Thanks a lot, you save my day, i couldn´t find a channel explaining this in my native language

[andrews]

I'm taking a multiple regression course for a data analysis masters, and this video really helped piece things together! Thinking about control variables as variables that cut out the parts of the relationship we don't want to consider in our model is a really useful way of thinking about controls... hopefully I got that right. Thanks!

[alexandreborges]

This is the best explanation of control variables I've ever seen. Thank you, HK.

[Matthew-ebdi]

This is the best explanation and animation I’ve ever seen for multiple regression and control variables! 🎉🤩

[RightAIopen]

Your videos should be given to everyone in high school so we would start having a better society

[sushankmishra]

Loved this...Smooth and Straight to the point👏

[statistics]

6:23 a great explanation, explains a lot of misleading results from a positive to a negative relationship, THank You!!

[bakther]

Excellent contents in the subject matter. It is valuable to build knowledge and skills. I am really thankful for such efforts.

[haggaisimon]

Super!!! i finally learned while clustering can explain positive relationship when in fact there's a negative relationship! Thank you!

[tamartomaradze]

Great explanation of the control variables! Thank you, Professor!

[goelnikhils]

Amazing Video on Control Variables. Why to use

[majsketchup]

Thank you! Very clear and ENERGETIC which is rare in these parts (of youtube)

[theflyingdutchman]

Superb video, helped me a lot to refresh my understanding in under 10 minutes. Comes in really helpful as I am working on my Bachelors Thesis! Thank you for your work!

[fabiominatto]

Excelent video
Your content is awesome
This animation that explain what a control variable do is very helpful!

[williamtownsend]

You explain things so well. Thank you for posting this!

[shichengxu]

Thank you so much, I finally understand what is control variable..

[michaeldiehl]

just the explanation I was looking for, thank you!