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Re: st: model specification


From   Jet <[email protected]>
To   [email protected]
Subject   Re: st: model specification
Date   Mon, 14 Nov 2011 10:38:13 -0500

Thanks, Cam. Did you ever see any similar issues with some empirical
research? Would you mind giving some examples?

How about opinions from others on this listserv?

On Sun, Nov 13, 2011 at 11:31 PM, Cameron McIntosh <[email protected]> wrote:
> 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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