... methods Discrimination Mutual fund performance Flows C18 G11 G20 J71 Seemingly minor empirical choices can meaningfully affect conclusions in financial research. I revisit Kumar et al. (2015) , who observe that mutual fund managers with ‘Foreign’-sounding names attract less...

... B40 C10 C12 C18 G11 G12 G14 Splashy stock return effects garner attention in academic journals and popular media outlets. Among these are studies linking stock returns to extreme climate variables (El Niño, geomagnetic storm activity, global warming), outer space (lunar phases, planetary...

... this indeed occurs. C13 C18 C23 G21 G28 O47 Banking Deregulation Economic growth Difference-in-differences Two-way fixed effect estimation © 2024 Anthony Zdrojewski and Alexander W. Butler 2024 Anthony Zdrojewski and Alexander W. Butler Licensed re-use rights only * We...

... tests Corporate governance Identification C18 G34 G38 M48 Usually, if b is positive and significant, the coefficient b_r from this reversed regression will be as well. A second problem is omitted variable bias. Perhaps one or more unobserved...

..., it is not inevitable. Again, the fundamental point is that standard errors are different between individual analyses and aggregate analyses. ³ Aggregation bias Law and finance Ownership concentration C18 G15 G32 G34 I thank Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer...