The Ultimate Irrelevance Proposition in Finance?
调查了顶级金融期刊20年间457篇论文，发现超80%能区分统计与经济显著性，但仅10%承认检验效力不足，且作者背景与这些结果无关。
Abstract I survey 457 published papers in top finance journals across two decades to assess whether these papers misuse tests of significance. More than 80% of published studies are diligent about distinguishing between statistical and economic significance and quantifying and interpreting the economic magnitudes of the statistical relationships they measure. Yet, only 10% of these acknowledge limits to the power of their tests and even fewer do anything about them. Recent demographic trends in publishing, such as larger co‐author teams and increased participation by non‐North American scholars, women, and those outside the top finance departments are not associated with these outcomes.