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Private Equity, Jobs, and Productivity: Reply to Ayash and Rastad

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In 2014, the authors published an influential analysis of private equity buyouts in the "American Economic Review." Recently, economists Brian Ayash and Mahdi Rastad have challenged the accuracy of those findings. This new paper responds point by point to their critique, contending that it reflects a misunderstanding of the data and methodology behind the original study.

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