Even though the stock market tends to grow along with the economy, let’s assume we enter a never ending period of stagnation where stocks barely even match inflation, and she decides to live only off of the dividends of her $2 million portfolio, which are a paltry 2% at the moment, or...
They are: the low probability of finding true effects; the low positive predictive value (PPV; see BOX 1 for definitions of key statistical terms) when an effect is claimed; and an exaggerated estimate of the mag- nitude of the effect when a true effect is discovered. Here, we discuss...
Although all countries in the top and bottom five from Table 5 virtually had corroborative displays, what we found more interesting are the cases of South Africa and Zimbabwe. Recall that the former, in addition to being the most economically efficient country, had an average share of ...