Potential Remedies for When Your Model Suffers from the Endogeneity

question 31

Multiple Choice

Potential remedies for when your model suffers from the endogeneity problem include all of the following except what?

• A) Gather (additional) data on a possible instrumental variable.
• B) Gather (additional) longitudinal data to allow for a fixed effect approach.
• C) Gather (additional) control variables that would limit the endogeneity concern.
• D) Check if the residuals from your regression are uncorrelated with your treatment.

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Definitions:

Birth of Sociology

The emergence of sociology as a distinct discipline in the 19th century, aiming to understand and explain societal structures, processes, and changes.

Class Consciousness

The awareness of one's place in a system of social classes, especially as it relates to the struggle against perceived injustices and exploitation within that system.

Quality of Mind

Mills’s term for the ability to view personal circumstance within a social context.

Semi-periphery

Nations that are midway between the core and periphery countries, often exploiting periphery countries but being exploited by core countries.