Thursday, July 26, 2012

Endogenous

My girlfriend, who grew up in China, asked me why gun laws might be endogenous in a regression of murder rates on gun laws (i.e. concealed carry permitted). She said she understands that attitudes towards gun use and ownership are omitted variables but how would they influence the laws?

"We'll, culture influences how people vote."
"Oh, you people vote!"

And that is all I have to say about that.

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