In this paper we take stock of the evidence concerning the effect of foreign direct investment (FDI) on the productivity of locally owned firms in the Czech Republic. To this end, we collect 332 estimates previously reported in journal articles, working papers, and PhD theses. We find that the...

We examine 434 estimates of the individual discount rate reported in 27 published studies. The estimates vary substantially across studies with reported mean at the value of 0.4. We detect presence of selective reporting in the discounting literature using a meta-analytical methods. Our results...

A key parameter in international economics is the elasticity of substitution between domestic and foreign goods, also called the Armington elasticity. Yet estimates vary widely. We collect 3,524 reported estimates of the elasticity, construct 34 variables that reflect the context in which...

We show that three factors combine to explain the mean excess sensitivity reported in studies estimating consumption Euler equations: the use of macro data, publication bias, and liquidity constraints. When micro data are used, publication bias is corrected for, and the households under...

The effect of common currency on bilateral trade also called Rose effect has been examined extensively in past decade. There is a huge variance of results in primary research which drives a large debate. Using meta-analysis we exploit 51 studies and 3254 estimates of rose effect and provide...

We present the first meta-analysis of the income elasticity of water demand that accounts for the effects of publication selection (the preferential reporting of estimates that are intuitive and statistically significant). Paradoxically, more affected by publication selection are the otherwise...

In the face of wars and a geopolitically challenging environment, military expenditures have once again become political focal points in developed countries. However, the scientific literature remains inconclusive regarding their impact on economic growth. This paper conducts a meticulous...

Common wisdom suggests that beauty helps in the labor market. We show that two factors combine to explain away the mean beauty premium reported in the literature. First, correcting for publication bias reduces the premium by at least a third. Second, controlling for cognitive ability negates the...

A key theoretical prediction in financial economics is that under risk neutrality and rational expectations a currency's forward rates should form unbiased predictors of future spot rates. Yet scores of empirical studies report negative slope coefficients from regressions of spot rates on...

The economics of beauty is now a burgeoning field of research. Not only the magnitude but also the direction of the beauty effect on labor outcomes is a matter of discussion. In this work, I conduct a quantitative synthesis of 418 estimates of the effect of beauty on worker's productivity, as...