Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics: Reply

In Brodeur, Cook, and Heyes (2020) we present evidence that instrumental variable (and to a lesser extent difference-in-difference) articles are more p-hacked than randomized controlled trial and regression discontinuity design articles. We also find no evidence that (i) articles published in the top five journals are different; (ii) the “revise and resubmit” process mitigates the problem; (iii) things are improving through time. Kranz and Pütz (2022) apply a novel adjustment to address rounding errors. They successfully replicate our results with the exception of our shakiest finding: after adjusting for rounding errors, bunching of test statistics for difference-in-difference articles is now smaller around the 5 percent level (and coincidentally larger at the 10 percent level). (JEL A14, C12, C52)