Whether an accounting entity is the individual, the household, the corporation or the nation, the construction and analysis of financial statements pertinent to that entity allow stakeholders to assess its financial position and performance. We describe a simple method for constructing a balance...

Nowadays, academic journals of high standing rarely accept a conceptual idea in a paper not instantly accompanied by econometric estimates. The idea would almost certainly get rejected. Empirical validation based on past statistical data has produced an unfortunate backward orientation in...

There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...

There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...

In the New England Journal of Medicine, Longo and Drazen critically assessed the concept of data sharing. Their main concern is that a "new class of research person will emerge" that uses data, which were gathered by other researchers, for their own original research questions. The authors...

This paper presents a meta-analysis of the effects of economic diplomacy on international flows (trade and FDI). The tools of economic diplomacy under investigation in our study are: embassies, other foreign offices, investment promotion offices, export promotion offices, trade missions and...

We provide evidence for the status quo in economics with respect to data sharing using a unique data set with 488 hand-collected observations randomly taken from researchers academic webpages. Out of the sample, 435 researchers (89.14%) neither have a data & code section nor indicate whether and...

We provide evidence for the status quo in economics with respect to data sharing using a unique data set with 488 hand-collected observations randomly taken from researchers' academic webpages. Out of the sample, 435 researchers (89.14%) neither have a data&code section nor indicate whether and...

All the long-standing archives at economics journals do not facilitate the reproduction of published results. The data-only archives at Journal of Business and Economic Statistics and Economic Journal fail in part because most authors do not contribute data. Results published in the FRB St....

Meta-analysis is a research method to synthesise previously obtained research results. It is best seen as a statistical approach towards reviewing and summarising the literature. This paper aims to introduce and critically review the research method of meta-analysis and to illustrate its...