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🔗 Source: pricetheory.uchicago.edu
📊 Size: 73 KB
📄 Pages: 12 pages
⬇️ Downloads: 593

Summary

Steven Levitt responds to Webster et al.'s critique of his work with Daniel Kessler, arguing that their critique misses the point of the original article. Levitt emphasizes that his conclusions were based on comparisons of eligible and non-eligible crimes, and the differential patterns of these sets of crimes inside and outside of California, not on an analysis of the timing and magnitude of fluctuations in crimes covered by Proposition 8. He notes that replicating the original analysis with additional data or using monthly data instead of annual data yields consistent results, and that Webster et al.'s criticisms do not call into question the actual analysis carried out by Kessler and Levitt. Levitt reiterates that his original article emphasized the importance of using a "difference-in-differences" and "triple-difference" approach to identify the causal impact of Proposition 8 on crime rates, and that any inference based on time-series patterns in eligible crime is likely to be highly misleading.

Description

Steven Levitt responds to Webster et al.'s critique of his work with Daniel Kessler, arguing that their critique misses the point of the original article.

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  • File Format: PDF
  • File Size: 73 KB
  • Pages: 12
  • Language: EN
  • Total Downloads: 593
  • Last Updated: 1 month ago

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