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RE: st: model specification


From   Cameron McIntosh <[email protected]>
To   STATA LIST <[email protected]>
Subject   RE: st: model specification
Date   Sun, 13 Nov 2011 23:31:19 -0500

Endogeneity or a tautology? :) I would only use predictors not used to compute the outcome. Cam

> Date: Sun, 13 Nov 2011 12:24:27 -0500
> Subject: st: model specification
> From: [email protected]
> To: [email protected]
> 
> Hello, we have a model specification question and would appreciate any
> suggestions. If the outcome measures the college graduates' debt
> burden (ratio of monthly loan payment to monthly income), and we'd
> like to see what factors predict their debt burden a couple of years
> after graduation. Does it make sense to include financial aid
> variables (grants, merit aid, loans they received during undergrad) as
> predictors, given that they are a part of the outcome?  Would it raise
> any endogeneity issue?
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