I want to find the effect on graduate enrollment of business cycles for respondents aged 21-35 who have completed a bachelor’s degree from the October supplement data of CPS (1994-2015). I understand that if the MISH values are 4 or 8, they form part of outgoing rotation groups and are not interviewed the following time. So can I drop observations for the above two educational attainment variables whose codes are both NIU, for MISH values of 4 and 8? Or should I drop all observations for all MISH values if both EDGRADE and EDFRDLY are NIU?
Thank you!