Titelaufnahme

Titel
Practical significance, meta-analysis and the credibility of economics / T.D. Stanley (Deakin University), Hristos Doucouliagos (Deakin University and IZA) ; IZA Institute of Labor Economics
VerfasserStanley, Tom D. ; Doucouliagos, Chris
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, July 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (49 Seiten) : Diagramme
SerieDiscussion paper ; no. 12458
URNurn:nbn:de:hbz:5:2-196190 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Practical significance, meta-analysis and the credibility of economics [1.14 mb]
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Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

Recently, there has been much discussion about replicability and credibility. By integrating the full research record, increasing statistical power, reducing bias and enhancing credibility, meta-analysis is widely regarded as 'best evidence'. Through Monte Carlo simulation, closely calibrated on the typical conditions found among 6,700 economics research papers, we find that large biases and high rates of false positives will often be found by conventional meta-analysis methods. Nonetheless, the routine application of meta-regression analysis and considerations of practical significance largely restore research credibility.