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A review on ESG investing: Investors’ expectations, beliefs and perceptions ESG投资研究综述:投资者的期望、信念和认知
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-12-06 DOI: 10.1111/joes.12599
Roman Kräussl, Tobi Oladiran, Denitsa Stefanova
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引用次数: 0
Meta-analysis of social science research: A practitioner's guide 社会科学研究的元分析:实践者指南
IF 5.9 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-23 DOI: 10.1111/joes.12595
Zuzana Irsova, Hristos Doucouliagos, Tomas Havranek, T. D. Stanley
{"title":"Meta-analysis of social science research: A practitioner's guide","authors":"Zuzana Irsova,&nbsp;Hristos Doucouliagos,&nbsp;Tomas Havranek,&nbsp;T. D. Stanley","doi":"10.1111/joes.12595","DOIUrl":"10.1111/joes.12595","url":null,"abstract":"<p>This article provides concise, nontechnical, step-by-step guidelines on how to conduct a modern meta-analysis, especially in social sciences. We treat publication bias, <i>p-</i>hacking, and systematic heterogeneity as phenomena meta-analysts must always confront. To this end, we provide concrete methodological recommendations. Meta-analysis methods have advanced notably over the last few years. Yet many meta-analyses still rely on outdated approaches, some ignoring publication bias and systematic heterogeneity. While limitations persist, recently developed techniques allow robust inference even in the face of formidable problems in the underlying empirical literature. The purpose of this paper is to summarize the state of the art in a way accessible to aspiring meta-analysts in any field. We also discuss how meta-analysts can use advances in artificial intelligence to work more efficiently.</p>","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 5","pages":"1547-1566"},"PeriodicalIF":5.9,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12595","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539455","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Meta-analysis of social science research: A practitioner's guide 社会科学研究的元分析:实践者指南
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-23 DOI: 10.1111/joes.12595
Zuzana Irsova, Hristos Doucouliagos, Tomas Havranek, T. D. Stanley
{"title":"Meta-analysis of social science research: A practitioner's guide","authors":"Zuzana Irsova, Hristos Doucouliagos, Tomas Havranek, T. D. Stanley","doi":"10.1111/joes.12595","DOIUrl":"https://doi.org/10.1111/joes.12595","url":null,"abstract":"This article provides concise, nontechnical, step-by-step guidelines on how to conduct a modern meta-analysis, especially in social sciences. We treat publication bias, <i>p-</i>hacking, and systematic heterogeneity as phenomena meta-analysts must always confront. To this end, we provide concrete methodological recommendations. Meta-analysis methods have advanced notably over the last few years. Yet many meta-analyses still rely on outdated approaches, some ignoring publication bias and systematic heterogeneity. While limitations persist, recently developed techniques allow robust inference even in the face of formidable problems in the underlying empirical literature. The purpose of this paper is to summarize the state of the art in a way accessible to aspiring meta-analysts in any field. We also discuss how meta-analysts can use advances in artificial intelligence to work more efficiently.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"24 1","pages":""},"PeriodicalIF":5.3,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
e-Commerce platforms and self-preferencing 电子商务平台与自我偏好
IF 5.9 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-16 DOI: 10.1111/joes.12594
Federico Etro
{"title":"e-Commerce platforms and self-preferencing","authors":"Federico Etro","doi":"10.1111/joes.12594","DOIUrl":"10.1111/joes.12594","url":null,"abstract":"<p>I review the literature on eCommerce platforms with particular emphasis on the antitrust debate on Amazon. The business model of hybrid marketplaces is based on monetization through fees on third party sellers hosted on the platform and direct margins on own products. Recent theoretical and empirical work on endogenous marketplace structures has analyzed the welfare impact of the dual mode and of recommendation algorithms that have been associated with self-preferencing strategies. The trade offs are complex and one cannot easily conclude that Amazon entry is biased to expropriate third party sellers or that a ban on dual mode, self-preferencing or copycatting would benefit consumers.</p>","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 4","pages":"1516-1543"},"PeriodicalIF":5.9,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12594","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
e-Commerce platforms and self-preferencing 电子商务平台与自我偏好
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-16 DOI: 10.1111/joes.12594
Federico Etro
{"title":"e-Commerce platforms and self-preferencing","authors":"Federico Etro","doi":"10.1111/joes.12594","DOIUrl":"https://doi.org/10.1111/joes.12594","url":null,"abstract":"I review the literature on eCommerce platforms with particular emphasis on the antitrust debate on Amazon. The business model of hybrid marketplaces is based on monetization through fees on third party sellers hosted on the platform and direct margins on own products. Recent theoretical and empirical work on endogenous marketplace structures has analyzed the welfare impact of the dual mode and of recommendation algorithms that have been associated with self-preferencing strategies. The trade offs are complex and one cannot easily conclude that Amazon entry is biased to expropriate third party sellers or that a ban on dual mode, self-preferencing or copycatting would benefit consumers.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"8 1","pages":""},"PeriodicalIF":5.3,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Behavioral finance: Evolution from the classical theory and remarks 行为金融学:从经典理论和评论的演变
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-16 DOI: 10.1111/joes.12593
Roberto Arturo Agudelo Aguirre, Alberto Antonio Agudelo Aguirre
{"title":"Behavioral finance: Evolution from the classical theory and remarks","authors":"Roberto Arturo Agudelo Aguirre,&nbsp;Alberto Antonio Agudelo Aguirre","doi":"10.1111/joes.12593","DOIUrl":"10.1111/joes.12593","url":null,"abstract":"<p>Behavioral finance has emerged from the divergences observed to explain and address the traditional theories of finance and serves as supplement to classical finance by introducing behavioral aspects to decision-making. This study provides academics with a comprehensible and complete synopsis of the evolution of behavioral finance, as well as critical insight is provided. The synopsis was based on the search for publications in Web of Science (<i>WoS</i>) and <i>Scopus</i> and the use of R, Gephi and <i>Tree of Science -ToS-</i> software, using citation analysis, graphos and classification analysis. The results showed psychological aspects, investment in stocks and cognitive biases with the highest visibility. A tree-like structure of hierarchization was developed by ToS. The clusters of publications with the greatest literary contribution were analyzed and the publications with the greatest visibility in each cluster identified. This study provides insights into the current trend in finance towards better understanding of the essential factors in the investor´s decision making.</p>","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 2","pages":"452-475"},"PeriodicalIF":5.3,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Behavioral finance: Evolution from the classical theory and remarks 行为金融学:从经典理论和评论的演变
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-16 DOI: 10.1111/joes.12593
Roberto Arturo Agudelo Aguirre, Alberto Antonio Agudelo Aguirre
{"title":"Behavioral finance: Evolution from the classical theory and remarks","authors":"Roberto Arturo Agudelo Aguirre, Alberto Antonio Agudelo Aguirre","doi":"10.1111/joes.12593","DOIUrl":"https://doi.org/10.1111/joes.12593","url":null,"abstract":"Behavioral finance has emerged from the divergences observed to explain and address the traditional theories of finance and serves as supplement to classical finance by introducing behavioral aspects to decision-making. This study provides academics with a comprehensible and complete synopsis of the evolution of behavioral finance, as well as critical insight is provided. The synopsis was based on the search for publications in Web of Science (<i>WoS</i>) and <i>Scopus</i> and the use of R, Gephi and <i>Tree of Science -ToS-</i> software, using citation analysis, graphos and classification analysis. The results showed psychological aspects, investment in stocks and cognitive biases with the highest visibility. A tree-like structure of hierarchization was developed by ToS. The clusters of publications with the greatest literary contribution were analyzed and the publications with the greatest visibility in each cluster identified. This study provides insights into the current trend in finance towards better understanding of the essential factors in the investor´s decision making.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"9 1","pages":""},"PeriodicalIF":5.3,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138539480","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The long‐run evolution of global real wages 全球实际工资的长期演变
2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-13 DOI: 10.1111/joes.12592
Pim de Zwart
{"title":"The long‐run evolution of global real wages","authors":"Pim de Zwart","doi":"10.1111/joes.12592","DOIUrl":"https://doi.org/10.1111/joes.12592","url":null,"abstract":"Abstract This article reviews the literature on comparative real wages in history that has emerged over the past two decades. Research has shown that unskilled men's real wages were higher in England and the Low Countries than in other parts of Europe and Asia from about 1720. Yet 18th‐ and 19th‐century real wages were even higher in the northern American colonies than they were in the European leaders, while those in Latin America were somewhere in the middle of the global wage ladder. This comparative picture is drawn on the basis of unskilled male day wages and various recent contributions focused on specific countries and time periods noting the variation in wage levels and trends for different groups of workers across urban and rural areas and labor contracts, varying days of labor per year, and the crucial and changing contributions of other family members. The latest research also highlights new ways to compute comparative cost‐of‐living indices. Building new datasets to take these issues into account in a new global comparative picture of long‐run real wages is a major area for future research.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"131 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136351303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Non-Fungible Tokens (NFTs): A Review of Pricing Determinants, Applications and Opportunities 不可兑换代币(NFT):定价决定因素、应用和机遇综述
IF 5.3 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-08 DOI: 10.1111/joes.12597
Roman Kräussl, Alessandro Tugnetti
{"title":"Non-Fungible Tokens (NFTs): A Review of Pricing Determinants, Applications and Opportunities","authors":"Roman Kräussl,&nbsp;Alessandro Tugnetti","doi":"10.1111/joes.12597","DOIUrl":"10.1111/joes.12597","url":null,"abstract":"<p>This paper provides a review of the development of the non-fungible tokens (NFTs) market, with a particular focus on its pricing determinants, its current applications, and its future opportunities. We investigate the current state of the NFT markets and highlight the perception and expectations of investors toward these products. We summarize and compare the financial and econometric models that have been used in the literature for the pricing of non-fungible tokens with a special focus on their predictive performance. We design a framework that can help to understand the price formation of NFTs. We further aim to shed light on the value-creating determinants of NFTs in order to better understand investors’ behavior on the blockchain.</p>","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 2","pages":"555-574"},"PeriodicalIF":5.3,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135340865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Subsidizing housing with deductions 用扣除额补贴住房
IF 5.9 2区 经济学
Journal of Economic Surveys Pub Date : 2023-11-07 DOI: 10.1111/joes.12596
Maxence Valentin
{"title":"Subsidizing housing with deductions","authors":"Maxence Valentin","doi":"10.1111/joes.12596","DOIUrl":"10.1111/joes.12596","url":null,"abstract":"<p>Many governments subsidize owner-occupied housing by allowing households to deduct housing expenses from their taxable incomes. While these deductions provide considerable financial benefits to homeowners, they also have significant downstream consequences. This article synthesizes a large body of literature that assesses these implications on various aspects of the housing market, including mortgage demand, interest rates, tenure decisions, homeownership rates, housing prices, and welfare. The findings in the literature collectively emphasize the distortive impact of these fiscal deductions on housing consumption and investment, with a growing consensus regarding the deductions' regressivity and negative effects on homeownership rates and welfare.</p>","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 4","pages":"1490-1515"},"PeriodicalIF":5.9,"publicationDate":"2023-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135539603","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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