Is the term “latent effect” in statistics has the same meaning as “latent variable”? If not, then what would be its substantive interpretation?
UPDATE:
There is a whole class of models called “Latent Gaussian models”, and that is where my confusion comes from. Basically, any article/book on Bayesian-hierarchical regression modeling mentions “latent effects”.
Below I have attached the picture of one article where this term is kind of introduced.
The link to the whole article is here https://arxiv.org/pdf/1701.07844.pdf (hope it opens).