Welcome to the detailed analysis for econjwatch.org. This domain is officially recognized as Econ Journal Watch: Scholarly Comments on Academic Economics. According to their official web presence, their primary focus is: "Econ Journal Watch (EJW) is an online academic journal publishing Comments on economics research, articles appearing in economics journals, and the ec…".
"Specification Searching in the Race between Education and Technology: Joseph Francis criticizes a canonical model of the American labor market, which has been used to advocate for more funding for education to reduce inequality. He shows how the model has routinely failed to predict the evolution of the college wage premium. Ad hoc econometric adjustments have been necessary to make the model fit the data, most notably in Claudia Goldin and Lawrence F. Katz's well-known book. (The commented-on authors are hereby invited to reply in a future issue.)"
"Globalization and the China Shock: A Reassessment: David Autor, David Dorn, and Gordon Hanson estimated the effect of imports of manufactured goods from China from 1990 to 2007 on employment, wages, and social welfare payments in the USA, concluding that imports from China reduced manufacturing employment and lowered wages of workers in non-manufacturing industries. Robert Kaestner argues that the authors' focus only on Chinese imports, which are correlated with imports from other countries and likely other omitted variables, muddles the interpretation and usefulness of their results. Kaestner argues that their estimates do not measure the effect of Chinese imports on employment and wages holding all other things equal, and do not even measure the broader equilibrium effect of Chinese imports on outcomes that includes changes in imports from other countries. Overall, the evidence suggests that omitted variable bias is likely, which renders their estimates uninformative. (The commented-on authors are hereby invited to reply in a future issue.)"
"Learning on machine learning on the housing supply impact of land use reforms: An Urban Studies article reports relatively modest housing-stock gains from liberalization, based on a dataset of reforms identified via machine learning applied to newspaper coverage. Researchers at the American Enterprise Institute challenge the article’s methodology and conclusions, and the Urban Studies authors respond."
"An Article in Science on Covid Origins Contains a Fundamental Error: An influential article claimed that Bayesian analysis of the molecular phylogeny of early SARS-CoV-2 cases indicated that the likelihood that two successful introductions to humans had occurred was greater than the likelihood that just one had occurred. After correcting a fundamental error in Bayesian reasoning, the results presented in that paper imply larger likelihood for a single introduction, reducing the plausibility of the wet-market zoonosis account of Covid’s origins. (The commented-on authors were invited to reply and the invitation remains open.)"
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