Response to the comment '"Phantom of the Opera?" or "Sex and the City"' by Thomas K. Bauer, Philipp Breidenbach, and Christoph M. Schmidt

Oliver Falck*, Michael Fritsch, Stephan Heblich

*Corresponding author for this work

Research output: Contribution to journalArticle (Academic Journal)

1 Citation (Scopus)
285 Downloads (Pure)

Abstract

In our paper "The Phantom of the Opera," published in this journal in 2011, we introduce proximity to a baroque opera house location as an instrument for concentrations of high-skilled individuals today. In the second stage, we assess productive spillovers from these high-skilled individuals attracted by cultural amenities. Thomas K. Bauer, Philipp Breidenbach, and Christoph M. Schmidt challenge our identification strategy in their comment. In our response, we provide further arguments and empirical evidence for the unambiguous validity of our strategy.

Original languageEnglish
Pages (from-to)99-100
Number of pages2
JournalLabour Economics
Volume37
Early online date27 May 2015
DOIs
Publication statusPublished - 1 Dec 2015

Keywords

  • Cultural amenities
  • High skilled workers
  • Location factor
  • Productive spillovers

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