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Response to Gamino

Scott Barkowski and Joanne Song McLaughlin

Econ Journal Watch, 2023, vol. 20, issue 1, 34–44

Abstract: We show that Gamino based his comment on an analysis that is biased despite extensive discussion in our original paper about the issues that cause this bias. Moreover, his placebo analysis contradicts his main analysis and provides evidence consistent with our paper. We also point out that his justification for changing our model was based on his misunderstanding of another of our papers. Lastly, his critiques are inconsistent with his own work on the topic, where he used similar techniques to ours. In sum, there is nothing new we learned from his analysis, and our main results are valid.

Keywords: Bias; bad controls; inappropriate use of DDD (search for similar items in EconPapers)
JEL-codes: C18 H75 I13 I18 J12 J18 K0 (search for similar items in EconPapers)
Date: 2023
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