196 real negative results, null findings, and replication failures in Economics, Econometrics and Finance. Search the index →
WASTE indexes published research — it does not host or republish full papers. Each entry is a metadata record compiled from open scholarly databases; the abstract is shown in full only where the paper is openly licensed, otherwise a short excerpt under fair use. Classifications are automated and approximate.
Tyler R. Henry, Jennifer L. Koski · 2010 · Review of Financial Studies
We use daily short-selling data to examine whether short selling around seasoned equity offerings (SEOs) reflects informed or manipulative trading. Around SEO announcements, we find no evidence of informed short selling. Around issue…
View details →Ahmet Köseoğlu, Ali Gökhan Yücel, Recep Ulucak · 2022 · Sustainable Development
Abstract The ecological pressure of humanity on the planet measured by ecological footprint has been enlarging, which upsurges environmental threats. At this point, green innovation emerges as an optimal solution to sustainable development…
View details →Haibo Zhou, Rommert Dekker, A.H. Kleinknecht · 2011 · Industrial and Corporate Change
Firms with high shares of workers on fixed-term contracts tend to have higher sales of imitative new products but perform significantly worse on sales of innovative new products ("first on the market"). High functional flexibility in…
View details →Bustani Bustani, Muammar Khaddafi, Rico Nur Ilham · 2022 · International Journal of Educational Review Law And Social Sciences (IJERLAS)
This study aims to examine the effect of general allocation funds, special allocation funds and profit-sharing funds on local revenue in districts/cities in Aceh Province . This study uses secondary data, namely data obtained from the…
View details →Morris M. Kleiner, Allison Marier, Kyoung Won Park et al. · 2016 · The Journal of Law and Economics
Occupational licensing laws have been relaxed in a large number of US states to give nurse practitioners the ability to perform more tasks without the supervision of medical doctors. We investigate how these regulations affect wages, hours…
View details →Germà Bel, Mildred E. Warner · 2015 · Journal of Economic Policy Reform
Inter-municipal cooperation is an important public service delivery reform, whose drivers move beyond simple concerns with costs and economic efficiency, to policy issues related to governance structure and spatial context. We conduct a meta-regression analysis based on the existing multivariate empirical literature to explore what factors explain divergence in results in the existing empirical studies. We find strong evidence that fiscal constraints, spatial, and organizational factors are significant drivers of cooperation. Our meta-regressions do not yield results to explain divergence in r
View details →Nicole J. Olynk, Glynn T. Tonsor, Christopher A. Wolf et al. · 2010 · AgEcon Search (University of Minnesota, USA)
A choice experiment was used to determine consumer value for verification of livestock production process attributes. Willingness to pay for verification of production process attributes varied for both milk and pork chops across…
View details →Martin Browning, Mette Ejrnæs, Javier Álvarez · 2010 · The Review of Economic Studies
All empirical models of earnings processes in the literature assume a good deal of homogeneity. In contrast to this we model earnings processes allowing for lots of heterogeneity between agents. We also introduce an extension to the linear…
View details →Kristiina Huttunen, Jarle Møen, Kjell G. Salvanes · 2011 · Journal of the European Economic Association
We analyze short and long-term effects of worker displacement. Our sample consists of male workers displaced from Norwegian manufacturing plants. We find that displacement increases the probability of leaving the labor force by 31%. The…
View details →Martin Browning, Mette Gørtz, Søren Leth‐Petersen · 2012 · The Economic Journal
There is strong evidence that house prices and consumption are synchronised. There is, however, disagreement over the causes of this link. This study examines if there is a wealth effect of house prices on consumption. Using a…
View details →Timothy B. Creedon, Benjamin Lê Cook · 2016 · Health Affairs
We assessed whether early implementation of Affordable Care Act (ACA) Medicaid expansion and state health insurance exchanges increased access to mental health and substance use treatment among those in need and whether these changes…
View details →Jason Fink, Kristin Fink, Gustavo Grullon et al. · 2010 · Journal of Financial and Quantitative Analysis
Abstract Aggregate idiosyncratic volatility spiked nearly fivefold during the Internet boom of the late 1990s, dwarfing in magnitude a moderately increasing trend. While some researchers argue that this rise in idiosyncratic risk was the…
View details →Damon Clark, Paco Martorell · 2014 · Journal of Political Economy
This paper distinguishes between the human capital and signaling theories by estimating the earnings return to a high school diploma. Unlike most indicators of education (e.g., a year of school), a diploma is essentially a piece of paper…
View details →Menzie Chinn, Olivier Coibion · 2013 · Journal of Futures Markets
Abstract This study examines the predictive content of futures prices for energy, agricultural, precious and base metal commodities. In particular, we examine whether futures prices are (1) unbiased and/or (2) accurate predictors of…
View details →Jill R. Horwitz, Brenna D. Kelly, John DiNardo · 2013 · Health Affairs
The Affordable Care Act encourages workplace wellness programs, chiefly by promoting programs that reward employees for changing health-related behavior or improving measurable health outcomes. Recognizing the risk that unhealthy employees…
View details →Scott Baker, Andrey Fradkin · 2017 · The Review of Economics and Statistics
Job search is a key choice variable in theories of labor markets but is difficult to measure directly. We develop a job search activity index based on Google search data, the Google Job Search Index (GJSI). We validate the GJSI with both…
View details →Maarten R.C. van Oordt, Chen Zhou · 2016 · Journal of Financial and Quantitative Analysis
Abstract We test for the presence of a systematic tail risk premium in the cross section of expected returns by applying a measure of the sensitivity of assets to extreme market downturns, the tail beta. Empirically, historical tail betas…
View details →Rachel Griffith, Gareth Macartney · 2013 · The Review of Economics and Statistics
Abstract The theoretical effects of labor regulations, such as employment protection legislation (EPL), on innovation is ambiguous. EPL increases job security, and the greater enforceability of job contracts may increase worker investment…
View details →Celso Brunetti, Bahattin Büyükşahin, Jeffrey H. Harris · 2016 · Journal of Financial and Quantitative Analysis
We use data from 2005–2009 that uniquely identify categories of traders to test how speculators such as hedge funds and swap dealers relate to volatility and price changes. In examining various subperiods where price trends are strong, we…
View details →Kamalesh Mishra, Mary J. Metilda · 2015 · IIMB Management Review
This paper aims at studying the impact of investment experience, gender, and level of education on two specific biases—overconfidence and self-attribution, and exploring the relationship between the two biases. Data collected from a sample…
View details →Imran Yousaf, Larisa Yarovaya · 2022 · Finance research letters
We examine the static and time-varying herding behavior in three cryptocurrency classes: ‘conventional’ cryptocurrencies, non-fungible tokens, and DeFi assets during the most recent cryptocurrency bubble of 2021. While static herding analysis failed to demonstrate any evidence of herding, the time-varying herding has been identified in conventional cryptocurrencies and DeFi assets for the short investment horizons. The herding asymmetry analysis reveals that herding is not evident in conventional cryptocurrencies and NFT during up/down market, high/low volatility days, and high/low trading day
View details →Jaap Brand, Stef van Buuren, Saskia le Cessie et al. · 2018 · Statistics in Medicine
In healthcare cost-effectiveness analysis, probability distributions are typically skewed and missing data are frequent. Bootstrap and multiple imputation are well-established resampling methods for handling skewed and missing data.…
View details →Patrick N. Osakwe, Amelia U. Santos‐Paulino, Berna Doğan · 2018 · Journal of African Trade
This paper explores the relationship between trade, trade liberalization, and exports diversification in developing and Sub-Saharan African (SSA) countries. The non-parametric analyses indicate that developing countries that are more open…
View details →Tim Jenkinson, Howard Jones, José Vicente Martinez · 2015 · The Journal of Finance
ABSTRACT Investment consultants advise institutional investors on their choice of fund manager. Focusing on U.S. actively managed equity funds, we analyze the factors that drive consultants’ recommendations, what impact these…
View details →Frida Magda Sumual, David Paul Elia Saerang, Herman Karamoy et al. · 2021 · Accounting
This present study intends to analyze the factors affecting the performance of the local government of North Sulawesi. The population of this study includes the members of the Regional People’s Representative Assembly and the leaders of Regional Apparatus Organizations managing the Regional Revenue and Expenditure Budget (APBD). Those Regional Apparatus Organizations include Education and Culture Office, Health Office, Regional Revenue Service, Tourism Office, Public Works Office, and Auditor Inspectorate of North Sulawesi Province. The sampling technique used is the saturated sampling techniq
View details →Dion Bongaerts, Frank de Jong, Joost Driessen · 2017 · Review of Financial Studies
We use an asset pricing approach to compare the effects of the liquidity level and liquidity risk on expected U.S. corporate bond returns. Using signed transaction data, we estimate effective transaction costs for bond portfolios by a…
View details →Bo Xiong, John C. Beghin · 2011 · European Review of Agricultural Economics
We provide an ex post econometric examination of the harmonisation and tightening of the EU maximum residue limit (MRL) on aflatoxins in 2002, and its impact on African exports of groundnut products. We find no evidence of the EU MRL…
View details →Richard W. Sias, Harry J. Turtle, Blerina Bela Zykaj · 2015 · Management Science
Recent models and the popular press suggest that large groups of hedge funds follow similar strategies resulting in crowded equity positions that destabilize markets. Inconsistent with this assertion, we find that hedge fund equity…
View details →Dion Bongaerts, Frank de Jong, Joost Driessen · 2011 · The Journal of Finance
ABSTRACT We derive an equilibrium asset pricing model incorporating liquidity risk, derivatives, and short‐selling due to hedging of nontraded risk. We show that illiquid assets can have lower expected returns if the short‐sellers have…
View details →Andrea Pescatori, Damiano Sandri, John Simon et al. · 2014 · IMF Working Paper
Using a novel empirical approach and an extensive dataset developed by the Fiscal Affairs Department of the IMF, we find no evidence of any particular debt threshold above which medium-term growth prospects are dramatically compromised.…
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