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

Vista sencilla de ítem
dc.contributor.authorGechert, Sebastian
dc.contributor.authorMey, Bianka
dc.contributor.authorOpatrny, Matej
dc.contributor.authorHavránek, Tomáš
dc.contributor.authorStanley, T. D.
dc.contributor.authorBom, Pedro
dc.contributor.authorDoucouliagos, Hristos
dc.contributor.authorHeimberger, Philipp
dc.contributor.authorIrsova, Zuzana
dc.contributor.authorRachinger, Heiko
dc.date.accessioned2025-09-04T10:45:48Z
dc.date.available2025-09-04T10:45:48Z
dc.date.issued2025-05-20
dc.date.updated2025-09-04T10:45:48Z
dc.description.abstractOver 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%.en
dc.description.sponsorshipGechert, Heimberger and Mey acknowledge financial support by the European Macro Policy Network (EMPN); Havranek acknowledges support from the Czech Science Foundation (#24-11583S). Bom, Irsova and Rachinger acknowledge support from the Czech Science Foundation (#23-05227M) Havranek and Irsova acknowledge support from NPO “Systemic Risk Institute” LX22NPO5101, funded by the European Union-Next Generation EU (Czech Ministry of Education, Youth and Sports, NPO: EXCELES)en
dc.identifier.citationGechert, S., Mey, B., Opatrny, M., Havranek, T., Stanley, Bom, P. R. D., Doucouliagos, H., Heimberger, P., Irsova, Z., & Rachinger, H. J. (2025). Conventional wisdom, meta-analysis, and research revision in economics. Journal of Economic Surveys, 39(3), 980-999. https://doi.org/10.1111/JOES.12630
dc.identifier.doi10.1111/JOES.12630
dc.identifier.eissn1467-6419
dc.identifier.issn0950-0804
dc.identifier.urihttps://hdl.handle.net/20.500.14454/3501
dc.language.isoeng
dc.publisherJohn Wiley and Sons Inc
dc.rights© 2024 The Authors
dc.subject.otherConventional wisdom
dc.subject.otherMeta-analysis
dc.subject.otherSystematic review
dc.titleConventional wisdom, meta-analysis, and research revision in economicsen
dc.typejournal article
dcterms.accessRightsopen access
oaire.citation.endPage999
oaire.citation.issue3
oaire.citation.startPage980
oaire.citation.titleJournal of Economic Surveys
oaire.citation.volume39
oaire.licenseConditionhttps://creativecommons.org/licenses/by-nc-nd/4.0/
oaire.versionVoR
Archivos
Bloque original
Mostrando 1 - 1 de 1
Miniatura
Nombre:
gechert_conventional_2024.pdf
Tamaño:
365.83 KB
Formato:
Adobe Portable Document Format
Descargar
Colecciones
Artículos