送交者: 水手 于 2008-03-25, 12:43:48:

回答: The paper is not about wealth. You shot on a wrong target. 由 Latino2 于 2008-03-25, 12:22:42:

• income/wealth should be a control variable - Enlighten (609 bytes) 2008-03-25, 13:01:46 (213739)
  • Causality is a common problem in econometrics - 水手 (578 bytes) 2008-03-25, 13:15:52 (213743)
    • But if can control ALL other factors, you CAN establish causality - Enlighten (301 bytes) 2008-03-25, 13:34:36 (213750)
      • "the event that happens earlier in time is usually the cause" - mangolasi (54 bytes) 2008-03-25, 13:37:03 (213753)
    • here endogeneity rather than reversed causality is the main issue - mangolasi (377 bytes) 2008-03-25, 13:30:48 (213748)
      • endogeneity is not equivalent to reverse causality - 水手 (925 bytes) 2008-03-25, 13:57:32 (213761)
      • by 'treatment' i mean something like instrumental variables, can't - mangolasi (47 bytes) 2008-03-25, 13:32:44 (213749)

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