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svlad2 [7]
3 years ago
14

What plausible causal channel(s) runs directly from the treatment to the outcome?

Biology
1 answer:
IrinaVladis [17]3 years ago
3 0
A high-interest rate means the opportunity cost to built or buy a house is high it is a possible channel. So when the interest rate is higher, there may be fewer new housing starts. The abstract point-scoring task requires a minimal model that illustrates a plausible causal channel.
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