Recent Trends in Empirical Finance

Lopez de Prado, Marcos

Recent Trends in Empirical Finance

Journal of Portfolio Management, Vol. 41, No. 4, 2015 Forthcoming

8 Pages Posted: 3 Aug 2015 Last revised: 4 Aug 2015

Marcos Lopez de Prado

Lawrence Berkeley National Laboratory; True Positive Technologies; RCC - Harvard University

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