that graph is an example of "telling on yourself" https://twitter.com/MCBazacoPhD/status/1279067353926586368">https://twitter.com/MCBazacoP...

you want a hotter take? my guess is that the average econometrics course doesn& #39;t even give you the statistical vocabulary to understand why this is not ok. the problem is the signal to noise ratio. the data-generating process is clearly dominated by something not in the model.

well who cares, you might think, if you drank the econometrics kool-aid. "i get my partial effect, that& #39;s all i care about". but in cases like this the partial effect is gonna be highly non-robust. *whispers* I have a paper with some smart folks coming soon showing this formally.