Purpose - The purpose of this article is to show the gains that can be made if researchers were to use gain-probability (G-P) diagrams. Design/methodology/approach - The authors present relevant mathematical equations, invented examples and real data examples. Findings - G-P diagrams provide a...

We apply the statistical sparse jump model, a recently developed, interpretable and robust regime switching model, to infer key features that drive the return dynamics of the largest cryptocurrencies. The algorithm jointly performs feature selection, parameter estimation, and state...

We clear up an ambiguity in Gibbons, Ross and Shanken (1989, GRS hereafter) by providing the correct formula of the GRS test statistic for the multiple factor case and proving its exact F distribution, issues unaddressed in GRS (1989). We theoretically and empirically illustrate the consequences...

The relationship between history and economics as academic disciplines is methodologically subtle and sociologically contested. If the Cliometric revolution can be characterized as an acquisition of economics by history, the most recent trends in Historical Economics appear to turn this...

This article demonstrates how qualitative data, quantitative data, grading scales and initial structures of statistical data can be organised in a relational way in order to understand the data as a whole, which can overcome the duality that has so far existed between the qualitative and...