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In addition, inherent limitations of the cross-sectional and case control study designs do not allow inferences about causality concerning the association.
Finally, because participants were not randomly assigned to levels of the mediators, it is not possible to infer causality concerning the effect of the mediators on the outcome.
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To further help mitigate reverse causality concerns, we also control for the worker's use of literacy and numeracy skills at the workplace.
Our findings (not tabulated) indicate that the debt type ratios used as dependent variables in our paper do not significantly affect the equity risk and, consequently, that our findings are not driven by this reverse causality concern.
Second, as far as we know, this is the first paper to use a family FE model to account for all possible sources of time-invariant heterogeneity together with an IV approach to complement the FE results and alleviate reverse causality concerns.
Finally, it is essential to note that the association between the place of residence and fertility choices raises causality concerns, since the relation might be spurious and the effect can work in both directions.
Several considerations ameliorate such reverse-causality concerns.
Studies with simultaneous functional magnetic resonance imaging (fMRI) and transcranial magnetic stimulation (TMS) have become increasingly popular as the combination of these techniques allows investigation of TMS effects on the brain and could help answer unresolved questions concerning causality in fMRI (Kobayashi, 2003).
And he never provides argument in support of this general thesis concerning causality.
However, it is not possible to make inferences concerning causality based on these two cross-sectional data sets only.
We do not intend to overstate these conclusions as our data are not experimental, which obfuscates any statements concerning causality in mechanisms, and we can also not exclude that there are other mechanisms that are yet to be formalized that can explain the general patterns in our data.
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