Do editors and reviewers have strong preferences for statistically significant estimation results? To understand the motivation and the extent and sources of p-hacking for the published papers, we need to unpack the editorial process, especially the roles of authors, editors, and reviewers.
Szerző: Chaoyi Chen
How to Forecast the Business Cycle? Sentiment Speaks
As a central question for academics, policy analysis, and financial practice, the causality between Main Street and Wall Street is controversial and still fiercely debated. Recent research identifies strong predictive ability of asset markets on future macroeconomic performance.
Renewable Energy and CO2 Emissions: A Connected View
Despite a broad consensus on phasing out fossil fuels, some people still hesitate about the actual effect of transforming renewables on global warming. A new study argues that we should not blame the transformation. Instead, we should strengthen our determination and aim higher.
Are Verbal Skills More Important than Math Skills?
If someone asks what the fundamental driver of the 21st century global economy is, the broad consensus would be innovation in science, technology, and engineering. It seems math is at the core of every success. A recent study, however, finds that verbal skills are at least as important in career as math skills.
To Host or Not to Host? The Macroeconomic Effects of the Olympic Games
When considering hosting a significant event like the Olympic Game, countries should not be hasty. Otherwise, one may bite off more than one can chew. However, for a ready country that still hesitates over trivial issues, why not submit the bidding proposal. The Olympic Game can be a strong shot.
Star Wars: Method Matters
Credibility of empirical research is being increasingly questioned due to the concern over the misuse of data analysis for a statistically significant impact where the expected effect does not exist. Technically, this is often called “p-hacking.” However, for most researchers, this is more like a star war.
Will Majoring Economics Make You Rich?
Wages are highly sensitive to the employee's majors. Ranking by lifetime salary, economics is usually among the best performance majors. Is there a real causal relationship here, or just a result of self-selection?
Determinants of Renewable Energy Consumption – The Role of Democratic Institutions
As we welcome the new age of renewable energy, we usually focus more on reforming the economic structure but, intentionally or unintentionally, ignore the political institution. A recent empirical study sheds some light on the crucial role of democratic institutions in promoting renewable energy consumption.
Why does gasoline price increase more than the oil price?
When oil prices increase, retail gasoline prices skyrocket. When oil prices decrease, gasoline prices fall like a feather. What explains this asymmetric response?
Can Demography Help Us Forecast Stock Returns?
As people are more likely to borrow when they are young but save when they are middle-aged, a high middle to young ratio implies an excess demand for saving, surging the stock prices. So if we can forecast demographic changes, we can forecast stock returns, too.