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We propose a method to explore the causal transmission of an intervention through two endogenous variables of interest. We refer to the intervention as a catalyst variable. The method is based on the reduced-form system formed from the conditional distribution of the two endogenous variables...
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population health. To date, however, there has been very little econometric research on the relationship between these two … variables. This paper examines the long-run relationship between trade openness and population health for a sample of 74 … general has a robust positive long-run effect on health, as measured by life expectancy and infant mortality. This effect …
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Highly non-elliptical posterior distributions may occur in several econometric models, in particular, when the likelihood information is allowed to dominate and data information is weak. We explain the issue of highly non-elliptical posteriors in a model for the effect of education on income...
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