Archives


Et tu, Finance?

[Excerpts are taken from the article “The hidden ‘replication crisis’ of finance”, by Robin Wigglesworth, published at Financial Times online.] “It may sound like a low-budget Blade Runner rip-off, but over the past decade the scientific world has been gripped…

Read More

Calling All Replicators in Economics, Finance, and Management! Consider IREE as an Outlet for your Replication Studies!

FYI! The International Journal for Re-Views in Empirical Economics (IREE) publishes reproductions and replication studies in economics and management. IREE is a young journal, started in 2017. Richard Easterlin and Jeffrey Wooldridge serve on the journal’s Advisory Board. It has…

Read More

HOU, XUE, & ZHANG: Replication Controversies in Finance & Accounting

[NOTE: This entry is based on the article “Replicating Anomalies” (SSRN, updated in June 2017, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2961979%5D Finance academics have started to take replication studies seriously. As hundreds of factors have been documented in recent decades, the concern over p-hacking has become…

Read More

How Well Do Anomalies in Finance and Accounting Replicate?

[From the abstract of a recent NBER working paper by Kewei Hou, Chen Xue, and Lu Zhang entitled “Replicating Anomalies”] “The anomalies literature is infested with widespread p-hacking. We replicate the entire anomalies literature in finance and accounting by compiling a…

Read More