Critical Finance Review > Vol 8 > Issue 1-2

Editorial: Replication in Financial Economics

Editorial article

Campbell R. Harvey, Duke University and NBER, USA, cam.harvey@duke.edu
 
Suggested Citation
Campbell R. Harvey (2019), "Editorial: Replication in Financial Economics", Critical Finance Review: Vol. 8: No. 1-2, pp 1-9. http://dx.doi.org/10.1561/104.00000080

Publication Date: 17 Dec 2019
© 2019 Campbell R. Harvey
 
Subjects
 
Keywords
JEL codes: G00, G01, G10, G11, G12, G13, G14, G15, G17, G18, G19, G21, G22, G23, G24, G28, G29, G31, G32, G33
Replication, Research Culture, Hard misconduct, Soft misconduct, Proprietary data, Robustness, P-hacking, Reverse p-hacking, Falsification, Fabrication, Plagiarism
 

Share

Journal details

Download article
In this article:
1. Introduction 
2. Cost 
3. Finance is Different from Economics 
4. The QJE Model 
5. Other Fields 
6. Hard and Soft Misconduct 
7. Elmo Stickers 
8. Increasing the Cost of Misconduct 
9. Three Reasons for Data and Code Sharing 
10. Reverse p-Hacking 
11. The Ingredients for a Successful Policy 
12. Conclusions 
References 

Abstract

All of the top general-purpose economics journals have a data and code-sharing policy. As of this writing, the Journal of Finance has a code-sharing policy, the Journal of Financial Economics (JFE) requires authors to share code if the results are challenged, and the Review of Financial Studies (RFS) is currently developing a policy. Replication is essential to any scientific endeavor, so why has the area of financial economics lagged behind?

DOI:10.1561/104.00000080