Meta-regression analysis: Producing credible estimates from diverse evidence

Abstract

A research record that has missing estimates can be improved by meta-regression

Output Effects of Monetary Policy in Emerging and Developing Countries: Evidence from a Meta-Analysis

“…Originating in medical research, meta-analysis has spread to other sciences, including economics, and development studies because of its many advantages. The most noticeable advantage of this method is that it synthesizes and explains variation in a logical, transparent, and statistical way (Doucouliagos 2016;Stanley 2001;Stanley and Jarrell 1989). This feature is useful and important for explaining the heterogeneity and investigating the real output effects of monetary policy.…”

RMB misalignment: What does a meta‐analysis tell us?

“…First, we consider the RMB misalignment specification with all the study characteristic types assuming their respective sample average values. Second, we follow the “best practice” approach to constructing hypothetical combinations of study characteristic types (Doucouliagos, 2016; Havranek & Irsova, 2011). Arguably, the notion of “best practice” can be subjective.…”

Business Cycle Synchronisation in a Currency Union: Taking Stock of the Evidence

“…Country dummy 𝜌𝜌 𝑖𝑖 gives the average correlation coefficient for country i, controlling for analysed K characteristics of publication j such as publication year, variable, methodology, sample size, frequency, author affiliation or whether the publication is a journal. We try to use the common best-practice option as our base category (Doucouliagos, 2016). Thus, we can interpret country dummies as the best-practice level estimate of business cycle correlation with the euro area, controlling for all sources of bias mentioned above.…”