To illustrate the implications of failure to control for unobservables, consider the possibility that high school graduates have better (unobserved) talent than early school leavers.
Highlighting Demski's role in the work, he noted, "Joel recognized that there was a distinction between the economic implications of failure to implement a plan and failure to predict correctly, for example.
The government's economic minister, Giulio Tremonti, has long sought to transfer such authority to a unified regulatory body; the spreading Parmalat scandal, with its implications for failures of banks, auditors and other overseers, may finally provide him the power to win that battle with the central bank.
We also posited that if evidence in support of this hypothesis were to be found, it might have implications for the possibility that failure to account for host factors that influence HIV-AIDS susceptibility may pose a challenge in designing public health measures to curb the epidemic, including evaluation of the efficacy of a vaccine.
In summary, our study places UBIAD1 in a pathway with important therapeutic implications for cardiovascular failure, such as the opportunity to decrease oxidative damage and counteract some of the side effects of statins.
The findings have theoretical implications for understanding the mechanisms underlying a failure to inhibit unwanted intrusions and clinical implications for disorders involving high levels of intrusive thoughts and memories.
In studying and seeking to intervene in such weakly governed health systems, it is therefore important to consider the implications for access to health care of the failure to provide information, regulation and coordination within local health care markets.
