The Variance of Regression Coefficients When the Population Is Finite
Posted: 1 Mar 2022
Date Written: January 6, 2022
We provide general results for the asymptotic variance of regression coefficients computed from a sample drawn from a finite population. We encompass the potential outcomes and classic regression frameworks allowing for both heterogeneous treatment effects and random-across-resampling shocks. Formulae are provided for the asymptotic variances of both treatment effects and attributes. In general, the variances combine the expected results from both frameworks.
Keywords: finite population, regression coefficients
JEL Classification: C10, C20
Suggested Citation: Suggested Citation