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Purpose - In a meta-study, we have bridged the gap between the pros and cons of a questionable finance-growth nexus. Design/methodology/approach - Over 20 fundamental characteristics that have influenced the debate over the last decades have been examined. The empirical evidence is based on 196...
Persistent link: https://www.econbiz.de/10011409927
We study the out-of-sample and post-publication return-predictability of 97 variables that academic studies show to predict cross-sectional stock returns. Portfolio returns are 26% lower out-of-sample and 58% lower post-publication. The out-of-sample decline is an upper bound estimate of data...
Persistent link: https://www.econbiz.de/10013007906
We conduct a meta-analysis of the effect-size estimates from 9 empirical studies and a narrative synthesis of the qualitative evidence from 53 qualitative studies on the relationship between innovation and employment in low-income countries (LICs). The meta-analysis reveals a positive but small...
Persistent link: https://www.econbiz.de/10013048195
The use of patent citations as a measure of patent "quality" increased dramatically in recent years. In this note, I use hazard estimation to explore the dynamics of patent citation. I find evidence of unobserved heterogeneity and a means to separate patent quality from citation "inflation."
Persistent link: https://www.econbiz.de/10014054137
Although the limitations of p-values are well known, researchers continue to (mis)use them for lack of awareness of the alternatives. This monograph comprehensively explains the process of scientific inference, of which the p-value is just one component. The inference process is broader,...
Persistent link: https://www.econbiz.de/10014256177
If two years ago young people said that it is difficult to enter on the labor market, now the situation is worsened because of the difficult economic climate. The discussions on the lack of employment positions are becoming increasingly heard. The layoffs, the decrease in the number of...
Persistent link: https://www.econbiz.de/10014188281
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