Published March 1, 2016
| Version v1
Journal article
Open
A Balls-and-Bins Model of Trade: Reply
Authors/Creators
- 1. Federal Reserve Bank of Philadelphia
- 2. Central European University
Description
Blum, Claro, and Horstmann (2016) make two statements about the balls-and-bins model of Armenter and Koren (2014). First, that using rm-level shipment data changes some of our results. Second, that the balls-and-bins model is not an appropriate statistical method. We respond to the rst statement and argue that the second state- ment is unfounded and unrelated to the rst. Indeed, the work of Blum, Claro, and Horstmann (2016) is a perfect example of how to use balls-and-bins in a rich dataset to spot interesting data patterns.
Files
aer.20151233.pdf
Files
(453.4 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:57b24a50f2849a8616aa03e468d1a9ca
|
453.4 kB | Preview Download |