The study was very upfront about the limitations.
A better analogy would be someone trying to debunk the theory of relativity by claiming it doesn't cover perpetual motion machines.
A better analogy would be someone trying to debunk the theory of relativity by claiming it doesn't cover perpetual motion machines.
That's an overly generous interpretation of their comments. See deogeo's post with some questions about why many of these things are even mentioned in the paper. Where they were upfront has already been acknowledged--by me. My criticisms were where they implied, but did not support a comparison to US-based finance companies generally. Here they were 'upfront' but they shrank what should be several papers worth of arguments into a single word: 'similar'.
> A better analogy would be someone trying to debunk the theory of relativity by claiming it doesn't cover perpetual motion machines.
If you think this is a better analogy, you've missed the point entirely.
"the data necessary for the analysis, such as paygrades, demographics and manager assignments, are probably available for most large organizations. We hope this methodology will be applied to other firms, countries, and industries, which will help to generalize the findings and identify where these biases are more or less problematic"
If I sound that way to you, it's probably because of your own biases.
> The paper is very upfront that more studies should be done in other countries:
You aren't even addressing the part of the paper I criticized. You haven't even acknowledged it exists, but you expect to, what, convince me or others that I'm wrong by throwing random quotes my way and calling me names?
In the section 3.1 Institutional Context, the paper explicitly compares the bank and the country to firms in the United States and the United States respectively over a handful of values. There's no explanation given for why the United States specifically was compared against nor is rationale given for the selection or exclusion of points of comparison. A reader has to conclude that they felt these were the relevant points of comparison because these were the things likely to affect their results.
This necessarily implies generalization. Any other interpretation can only make sense if we disbelieve their results or find their comparison criteria between firms and countries lacking.