Recent Trends in Empirical Finance
8 Pages
Posted: 3 Aug 2015
Last revised: 4 Aug 2015
Guggenheim Partners, LLC; Lawrence Berkeley National Laboratory; Harvard University - RCC
Date Written: August 1, 2015
Abstract
Financial economics is a surprisingly prolific, topic redundant, asocial field, where most papers go largely ignored. Author collaboration improves scientific output, and yet financial economics seems to be one of the least cooperative empirical fields. If these trends continue, financial economics may be in the path to become a pathological science, a collection of “cold fusion” claims.
Keywords: Econometrics, reproducibility, false positive, selection bias, multiple testing, empirical analysis
JEL Classification: G0, G1, G2, G15, G24, E44
Suggested Citation:
Suggested Citation
Lopez de Prado, Marcos, Recent Trends in Empirical Finance (August 1, 2015). Journal of Portfolio Management, Vol. 41, No. 4, 2015 Forthcoming. Available at SSRN: https://ssrn.com/abstract=2638760
