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I always thought that the primary difference between econometrics and statistics was the focus on causality/endogeneity. But I guess that in most cases, the en

I always thought that the primary difference between econometrics and statistics was the focus on causality/endogeneity. But I guess that in most cases, the endogeneity is caused by self-selection, e.g. selection into a treatment group, so both viewpoints are valid.

grayclhn 11y ago
That's a good point and I probably agree with you. "Self-selection" was my quick attempt to translate "endogeneity" into english :)