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Richard Hardy
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user56834
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In some textbooks I've read, it is said that an assumption for OLS to be unbiased in the standard cross-sectional model $y_i=\alpha + \beta \cdot x_i +\epsilon_i$, we can use the assumption $E(\epsilon_i|x_1,...x_n)=0$.

Do we need this, or is OLS already unbiased if just $E(\epsilon_ix_i)=0$$E(\epsilon_i|x_i)=0$ holds (in addition to the other required assumptions)?

If so, is there a particular reason why the textbooks would want to talk about the stronger assumption $E(\epsilon_i|x_1,...x_n)=0$?

In some textbooks I've read, it is said that an assumption for OLS to be unbiased in the standard cross-sectional model $y_i=\alpha + \beta \cdot x_i +\epsilon_i$, we can use the assumption $E(\epsilon_i|x_1,...x_n)=0$.

Do we need this, or is OLS already unbiased if just $E(\epsilon_ix_i)=0$ holds (in addition to the other required assumptions)?

If so, is there a particular reason why the textbooks would want to talk about the stronger assumption $E(\epsilon_i|x_1,...x_n)=0$?

In some textbooks I've read, it is said that an assumption for OLS to be unbiased in the standard cross-sectional model $y_i=\alpha + \beta \cdot x_i +\epsilon_i$, we can use the assumption $E(\epsilon_i|x_1,...x_n)=0$.

Do we need this, or is OLS already unbiased if just $E(\epsilon_i|x_i)=0$ holds (in addition to the other required assumptions)?

If so, is there a particular reason why the textbooks would want to talk about the stronger assumption $E(\epsilon_i|x_1,...x_n)=0$?

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user56834
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For OLS to be unbiased, do we need $x_i$ to be uncorrelated with $\epsilon_i$ or with $\epsilon_s$ for all $s$?

In some textbooks I've read, it is said that an assumption for OLS to be unbiased in the standard cross-sectional model $y_i=\alpha + \beta \cdot x_i +\epsilon_i$, we can use the assumption $E(\epsilon_i|x_1,...x_n)=0$.

Do we need this, or is OLS already unbiased if just $E(\epsilon_ix_i)=0$ holds (in addition to the other required assumptions)?

If so, is there a particular reason why the textbooks would want to talk about the stronger assumption $E(\epsilon_i|x_1,...x_n)=0$?