Conventional wisdom, meta-analysis, and research revision in economics

Autor
Gechert, Sebastian
Mey, Bianka
Opatrny, Matej
Stanley, T. D.
Bom, Pedro R. D.
Doucouliagos, Hristos
Heimberger, Philipp
Rachinger, Heiko J.
Datum vydání
2024Publikováno v
Journal of Economic SurveysISBN / ISSN
ISSN: 0950-0804ISBN / ISSN
eISSN: 1467-6419Metadata
Zobrazit celý záznamKolekce
Tato publikace má vydavatelskou verzi s DOI 10.1111/joes.12630
Abstrakt
Over the past several decades, meta-analysis has emerged as a widely accepted tool to understand economics research. Meta-analyses often challenge the established conventional wisdom of their respective fields. We systematically review a wide range of influential meta-analyses in economics and compare them to "conventional wisdom." After correcting for observable biases, the empirical economic effects are typically much closer to zero and sometimes switch signs. Typically, the relative reduction in effect sizes is 45%-60%.
Klíčová slova
conventional wisdom, meta-analysis, systematic review
Trvalý odkaz
https://hdl.handle.net/20.500.14178/2703Licence
Licence pro užití plného textu výsledku: Creative Commons Uveďte původ-Neužívejte dílo komerčně-Nezpracovávejte 4.0 International