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Instrumental Variables in Action: Education and Wages (graphs): Causal Inference Bootcamp

In this module we use some fake data to illustrate the idea behind instrumental variables analysis. Using fake data lets us see the relationships between all the variables, including potential confounders, whereas we never observe potential confounders in real data. Part of Duke University's Causal Inference Bootcamp: watch modules on this topic and much more at https://modu.ssri.duke.edu