The Replication Network
Furthering the Practice of Replication in Economics
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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 MoreHow 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…
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