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If the only differences between children living with married and cohabiting couples are captured by the measured characteristics, then the simulated outcomes will equal the actual outcomes for children in cohabiting families. However, if there are unobserved photo personals or unmeasured differences between the two groups, the simulated photo personals outcomes will differ from the actual outcomes. The difference between the actual and simulated outcomes for cohabitors is the result of both any intrinsic photo personals benefits of marriage cohabiting couples would gain if they were to marry and any unobserved differences between the groups not adequately captured in the regression model.
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