Imagine That You Are Looking at the Relationship Between Income

question 15

Essay

Imagine that you are looking at the relationship between income and level of education, list some of the factors that could lead to endogeneity.

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Definitions:

Cohabitate

To live together in a domestic setting without being married, often referring to couples.

Marriages

The legally or formally recognized union of two people as partners in a personal relationship.

Satisfaction

The feeling of pleasure or fulfillment that comes from achieving a goal, need, or expectation.

Cohabitation

The state of living together and having a sexual relationship without being married.