The role of a literature review in empirical research in finance cannot be overstated.

It serves as the
backbone of any research endeavor, providing a comprehensive understanding of existing
scholarship, methodologies, and gaps in the field. However, crafting a literature review can be a
daunting task, requiring extensive research, critical analysis, and synthesis of information. It demands
meticulous attention to detail and the ability to contextualize findings within the broader academic
landscape.

One of the greatest challenges in writing a literature review is navigating the vast sea of academic
literature. With countless articles, journals, and books available, identifying relevant sources can be
overwhelming. Moreover, assessing the quality and credibility of each source requires a discerning
eye and a deep understanding of the subject matter.

Furthermore, synthesizing diverse perspectives and integrating them into a coherent narrative poses
its own set of challenges. A literature review should not merely summarize existing research but
should also analyze and critique various arguments, theories, and methodologies. This requires the
writer to engage critically with the material and identify overarching themes, patterns, and
contradictions.

In addition to these challenges, time constraints and other academic commitments can further
exacerbate the difficulty of writing a literature review. Many researchers find themselves juggling
multiple responsibilities, making it challenging to dedicate the necessary time and energy to this
crucial aspect of the research process.

Given the complexities involved, seeking professional assistance can be a wise decision. ⇒
StudyHub.vip ⇔ offers expert guidance and support to researchers in need of assistance with
literature reviews. Our team of experienced writers specializes in finance and empirical research,
ensuring that your literature review is comprehensive, well-researched, and impeccably written.

By entrusting your literature review to ⇒ StudyHub.vip ⇔, you can save time, alleviate stress, and
ensure that your research stands out for its rigor and depth. Don't let the challenges of writing a
literature review impede your research progress. Order from ⇒ StudyHub.vip ⇔ today and take the
first step towards academic success.
This step will help you work out the structure of your literature review and (if applicable) show how
your own research will contribute to existing knowledge. This review should connect the established
conclusions to the hypothesis being presented in the rest of the paper. After presenting the key
themes, the authors recommend that practitioners need to approach healthcare communication in a
more structured way, such as by ensuring there is a clear understanding of who is in charge of
ensuring effective communication in clinical settings. There is no formal literature review definition
for a research paper in medical education; thus, a literature review can take many forms. These
forms will differ in methodology, rigor, and depth depending on the type of article, target journal,
and specific topic. For example, if you are reviewing literature about inequalities in migrant health
outcomes, key themes might include healthcare policy, language barriers, cultural attitudes, legal
status, and economic access. It provides an overview of the current state of knowledge, identifies
gaps, and highlights key findings in the literature. 1 The purpose of a literature review is to situate
your own research within the context of existing scholarship, demonstrating your understanding of
the topic and showing how your work contributes to the ongoing conversation in the field.
Theoretical literature of financial inclusion on economic growth. And a review does not necessarily
mean that your reader wants you to give your personal opinion on whether or not you liked these
sources. In recent years, economists have developed new models of endogenous economic growth
that consider policy influences on growth and divergent outcomes among countries. There are so
many issues in contemporary science that you could spend a lifetime of attending conferences and
reading the literature just pondering what to review. Fink, Arlene. Conducting Research Literature
Reviews: From the Internet to Paper. 2nd ed. Thousand Oaks, CA: Sage, 2005; Hart, Chris. Quick
links Explore articles by subject Guide to authors Editorial policies Resources Home. Doing Your
Literature Review: Traditional and Systematic Techniques. Systematic Approaches to a Successful
Literature Review. Unlike a dissertation research question, this question has to be answerable
without collecting original data. Examples of stylistic variations in literature reviews include:
Summarization of prior work vs. The topic, which is commonly a research question (or problem) of
some kind, needs to be identified and defined as clearly as possible. The majority of published
scholarship includes a literature review section, and you can use those to become more familiar with
these reviews. Conducting a literature review Conducting a literature review is an essential step in
research that involves reviewing and analyzing existing literature on a specific topic. Implications
and Applications: Explore the practical implications of the findings and suggest how they might
impact future research or practice. Provide the reader with strong “umbrella” sentences at beginnings
of paragraphs, “signposts” throughout, and brief “so what” summary sentences at intermediate
points in the review to aid in understanding comparisons and analyses. It can also be helpful to
create an outline of how your literature review will be structured. 5. Write the literature review itself
and edit and revise as needed. A literature review may be a stand alone work or the introduction to a
larger research paper, depending on the assignment. Chronological The simplest approach is to trace
the development of the topic over time. As a result, staying on top of your job helps your paper and
your personal life grow. Randomized controlled trials are the most common kind of empirical study.
Rule 9: Include Your Own Relevant Research, but Be Objective In many cases, reviewers of the
literature will have published studies relevant to the review they are writing. Completing an analysis
grid with a sufficient level of detail will help you to complete the synthesis and evaluation stages
effectively. Conclusion Almost every research article includes a review of the literature. This means
that you will not just simply list your sources and go into detail about each one of them, one at a
time. No. As you read widely but selectively in your topic area, consider instead what themes or
issues connect your sources together.
Empirical Article - (Original Research) Based on experience and observation, rather than systematic
logic. (according to MedicineNet.com) The articles contain original research (such as scientific
experiments, surveys and research studies) The review of the literature also aims at highlighting open
issues that will be addressed in the development of the project. Usually a literature review forms a
section or part of a dissertation, research project or long essay. Furthermore, by aggregating data
from a range of studies, a meta-analysis can identify patterns, disagreements, or other interesting
relationships that may have been hidden in individual studies. University of Toronto; Writing a
Literature Review. SciSpace Discover helps you assess the quality of a source by providing an
overview of its references, citations, and performance metrics. For instance, some journals such as
Annual Review of Psychology, Psychological Bulletin, and others typically publish full-length
review articles. Step 2: Build a Literature Review and Identify a Theoretical or Conceptual
Framework It is important to have a solid foundation within the empirical literature in order to build
a intervention or the difference between two groups. Five key themes were found in the literature:
poor communication can lead to various negative outcomes, discontinuity of care, compromise of
patient safety, patient dissatisfaction, and inefficient use of resources. Keep careful notes so that you
may track your thought processes during the research process. If your lit review is a standalone
piece, the introduction and conclusion take up more space and give you a place to discuss your
goals, research methods, and conclusions separately from where you discuss the literature itself.
They find that the literature compellingly demonstrates that low-density lipoprotein cholesterol
(LDL-C) levels significantly influence the development of Alzheimer’s disease. Sometimes a
literature review is written as a paper in itself. Completing an analysis grid with a sufficient level of
detail will help you to complete the synthesis and evaluation stages effectively. Being built on
existing knowledge they help the researcher to even turn the wheels of the topic of research. You can
use our free APA Reference Generator for quick, correct, consistent citations. It will depend on the
patterns one sees in the groups of articles as to which strategy should be used. Begin composing
Once you’ve settled on a general pattern of organization, you’re ready to write each section. Each
theory could be a subtopic, and articles supporting the theme should be included as evidence for
each one. Thank you for your time, we hope you got value reading Differences between Empirical
Review and Literature Review. They involve gathering, analyzing, and evaluating existing
knowledge about a topic in order to find gaps in the literature where future studies will be needed.
History: The chronological progression of the field, the research literature, or an idea that is
necessary to understand the literature review, if the body of the literature review is not already a
chronology. Write a clear and coherent narrative that synthesizes the information gathered. You might
argue for the relevance of a specific theoretical approach, or combine various theoretical concepts to
create a framework for your research. A literature review discusses published information in a
particular subject area, and sometimes information in a particular subject area within a certain time
period. The focus of a literature review, however, is to summarize and synthesize the arguments and
ideas of others without adding new contributions. To cite a literature review in APA style, you need
to provide the author's name, the title of the article, and the year of publication. But how is a
literature review different from an academic research paper. Reading at university The Academic
writing page suggests ways to organise and structure information from a range of sources and how
you can develop your argument as you read and write. Helpful Professor. Search for a Study Guide
Search Ready to Write your Essay. This type of review is common in technological and scientific
fields but can be applied to any discipline.
For literature review you should thoroughly go through all available studies, assess the important
findings in them, discuss them and find some relevance for them. How can you organize the flow of
the main body of the review so that the reader will be drawn into and guided through it. For
literature review you should thoroughly go through all available studies, assess the important findings
in them, discuss them and find some relevance for them. They appreciate these advancements
because these are entertaining and are making things easier for them. You might argue for the
relevance of a specific theoretical approach, or combine various theoretical concepts to create a
framework for your research. They involve gathering, analyzing, and evaluating existing knowledge
about a topic in order to find gaps in the literature where future studies will be needed. Thus, it is
both advantageous and necessary to rely on regular summaries of the recent literature. Conclusion
Almost every research article includes a review of the literature. Our experts know the sequence in
which the hypothesis topic is followed by the broad subject, the issue, and the background. Identify
patterns, connections, or contradictions in the existing research. Below is a five-step process for
conducting a simple review of the literature for your project. When you find a useful book or article,
you can check the bibliography to find other relevant sources. There is an increasing interest in the
visual aspects of social media. Narrow your topic There are hundreds or even thousands of articles
and books on most areas of study. By trend: A better way to organize the above sources
chronologically is to examine the sources under another trend, such as the history of whaling. Take
notes and cite your sources As you read, you should also begin the writing process. Use quotes
sparingly Falk and Mills do not use any direct quotes. Theoretical literature of financial inclusion on
economic growth. Instead, they use the conceptual foundation and knowledge they gathered from
books to support their arguments. If you have found some recurring central themes, you can organize
your literature review into subsections that address different aspects of the topic. This is the most
common form of review in the social sciences. Consider organization You’ve got a focus, and you’ve
stated it clearly and directly. Benefits of Literature Reviews By summarizing prior research on a
topic, literature reviews have multiple benefits. A literature review may be a stand alone work or the
introduction to a larger research paper, depending on the assignment. This impressive Handbook
presents the quantitative techniques that are commonly employed in empirical finance research
together with real-world, state-of-the-art research examples. I’m doing a research project topic; stool
analysis for parasitic worm (enteric) worm, how do I structure it, thanks. The benefit of this option is
that it makes it easy to discuss the developments and debates in the field as they emerged over time.
Additionally, you must spend surplus time assessing the quality and relevance of resources. Markov
Switching Models in Asset Pricing Research Massimo Guidolin 2. While conducting a review of the
literature, maximize the time you devote to writing this part of your paper by thinking broadly about
what you should be looking for and evaluating.
For literature review you should thoroughly go through all available studies, assess the important
findings in them, discuss them and find some relevance for them. Get the structure of your literature
review chapter wrong and you’ll struggle to achieve these objectives. Essentially, you should provide
the reader with a high-level roadmap of your chapter to give them a taste of the journey that lies
ahead. Including material just for the sake of it can easily lead to reviews that are trying to do too
many things at once. A summary or an outline is a succinct account of all informational highlights
from essential sources, whereas synthesis is the restructuring or rearrangement of the material to
guide the dissertation’s plan of exploring the research subject. A literature review is structured
differently from an original research article. Make sure the sources you use are credible, and make
sure you read any landmark studies and major theories in your field of research. It's not long, and
gives some tips to fill in what you just learned from the video. For literature review you should
thoroughly go through all available studies, assess the important findings in them, discuss them and
find some relevance for them. NOTE: Most often the literature review will incorporate some
combination of types. Sources for a literature review should be as current as possible or not older
than ten years. As you’re doing your research, create an annotated bibliography ( see our page on the
this type of document ). Use proper citations for each source and ensure consistency in your citation
style (APA, MLA, Chicago, etc.). Conclude your literature review by summarizing key findings,
identifying gaps, and suggesting areas for future research. In a standalone literature review, the
literature itself is the topic of discussion and evaluation. However, bias could also occur in the other
direction: some scientists may be unduly dismissive of their own achievements, so that they will tend
to downplay their contribution (if any) to a field when reviewing it. What is the earliest literature
published relating to this topic. This means you evaluate and discuss not only the informational
content, Downloadable. Establishing Credibility: A well-conducted literature review demonstrates
the researcher’s familiarity with existing scholarship, establishing their credibility and expertise in
the field. Thematic: If you have found some recurring central themes that you will continue working
with throughout your piece, you can organize your literature review into subsections that address
different aspects of the topic. Know more about this type of study by downloading this 5-page
document, which you can download in PDF format. To survive in the modern competitive markets
associated with constantly changing technologies, Ghanbari et al., (2015) suggest that organisations
have to employ modern methods to continously enhance control of their operations. Because
experiments may take some time to produce the desired results, this is especially important for
empirical studies. Discuss the strengths and weaknesses of the studies. Step 2: Build a Literature
Review and Identify a Theoretical or Conceptual Framework It is important to have a solid
foundation within the empirical literature in order to build a intervention or the difference between
two groups. Get real-time explanations, summaries, and answers to your questions for the paper
you're reviewing, making navigating and understanding the complex literature landscape easier.
When writing literature reviews, you should avoid the usage of first-person pronouns. Therefore, it’s
important to carefully think about how you will organise your discussion to present it in a clear way.
Summary of Key Findings: Recap the main findings from the literature and restate how they
contribute to your research question or objective. Then, I will break the process down into a series of
simple steps, looking at examples along the way. Both of these tasks are similar in that they need to
review previous work on the topic.
By conducting this type of study, your professor will measure the research skills that you have
learned in school. I am doing a research on nanofluids how can l structure it. You must be able to the
answer below questions before you start: How many sources do I need to include. When a student
does a literature review, he or she attempts to use the written word to support or refute an idea or
hypothesis. Try to analyze patterns, turning points and key debates that have shaped the direction of
the field. Conduct Searches and Keep Track: Develop a systematic search strategy using keywords,
Boolean operators (AND, OR, NOT), and other search techniques. The sources support what Falk
and Mills are saying. A literature review is a survey of scholarly sources (such as books, journal
articles, and theses) related to a specific topic or research question. And a review does not
necessarily mean that your reader wants you to give your personal opinion on whether or not you
liked these sources. Systematic Approaches to a Successful Literature Review. This article has been
adapted into lecture slides that you can use to teach your students about writing a literature review.
Your thesis should ideally address one of the gaps identified in the research. You should have a
rough idea of your strategy before you start writing. The focus of a literature review, however, is to
summarize and synthesize the arguments and ideas of others without adding new contributions.
Conclusion: Summarize the key findings you have taken from the literature and emphasize their
significance Connect it back to your primary research question How should I organize my lit review.
Published literature reviews are typically written by scientists who are experts in that particular area
of science. Finally, double check that you’ve documented your sources and formatted the review
appropriately for your discipline. But these articles refer to some British biological studies performed
on whales in the early 18th century. The bibliography or reference section of sources you’ve already
read are also excellent entry points into your own research. The main focus of an academic research
paper is to develop a new argument, and a research paper is likely to contain a literature review as
one of its parts. Empirical Article - (Original Research) Based on experience and observation, rather
than systematic logic. (according to MedicineNet.com) The articles contain original research (such as
scientific experiments, surveys and research studies) The review of the literature also aims at
highlighting open issues that will be addressed in the development of the project. You should be able
to answer it based only on a review of existing publications. You can start your search from any
library’s catalog, provided you are an active member of that institution. Contributions to the Field:
Discuss the overall contribution of your literature review to the existing knowledge in the field.
Here’s more on how you can use it: Find the right information Find what you want quickly and
easily with comprehensive search filters that let you narrow down papers according to PDF
availability, year of publishing, document type, and affiliated institution. These may differ in the way
prior research is reviewed as well as the way in which the literature review is organized. Does it
confirm, add to, or challenge established knowledge. Writing the literature review: A practical guide
Available 3rd floor of Perkins Writing literature reviews: A guide for students of the social and
behavioral sciences Available online. The literature review gives you a chance to: Demonstrate your
familiarity with the topic and its scholarly context Develop a theoretical framework and
methodology for your research Position your work in relation to other researchers and theorists Show
how your research addresses a gap or contributes to a debate Evaluate the current state of research
and demonstrate your knowledge of the scholarly debates around your topic. Evaluate the current
“state of the art” for the body of knowledge reviewed, pointing out major methodological flaws or
gaps in research, inconsistencies in theory and findings, and areas or issues pertinent to future study.
A summary is a recap of the important information of the source, but a synthesis is a re-organization,
or a reshuffling, of that information in a way that informs how you are planning to investigate a
research problem. However, in the 1980s, the theories evolved to something else. It would help if you
tried preparing a list of citations to ensure that there lies no repetition of authors, publications, or
articles in the literature review. 3. Examine and assess the sources It is nearly impossible for you to go
through every detail in the research article. The introduction should clearly establish the focus and
purpose of the literature review. Portfolio Optimization: Theory and Practical Implementation
William T. Ziemba 3. Testing for Speculative Bubbles in Asset Prices Keith Anderson, Chris Brooks
and Apostolos Katsaris PART II: DERIVATIVES 4. Similarly the two main objectives of a literature
review are firstly the content covering existing research, theories and evidence, and secondly your
own critical evaluation and discussion of this content. Integrative Review Considered a form of
research that reviews, critiques, and synthesizes representative literature on a topic in an integrated
way such that new frameworks and perspectives on the topic are generated. But if you find yourself
wanting to put in more quotes, check with your instructor. Describe the relationship of each work to
the others under consideration. Introduction The introduction should establish the context and
importance of the review Body of literature review The reference section provides a list of the
references that you cited in the body of your review article. Second are the reviews of those studies
that summarize and offer new interpretations built from and often extending beyond the primary
studies. Nevertheless, a good literature review can be structured according to the chronological,
thematic, methodological, or theoretical framework approach. In a standalone literature review, the
literature itself is the topic of discussion and evaluation. Something to be conducted at the end of
your research. In what ways does it relate to other sources on the same topic. However, the final
chapter for submission has to be prepared by the student, as we do not allow clients to submit our
work as it is. If you are writing the literature review as part of your dissertation or thesis, reiterate
your central problem or research question and give a brief summary of the scholarly context. Check
out Scribbr’s professional proofreading services. Curating and drafting a solid literature review
section not only lends more credibility to your research paper but also makes your research tighter
and better focused. In addressing these points, you argue for your place in the conversation, which
tends to make the lit review more compelling than a simple reporting of other sources. Depending on
the length of your literature review, you might want to divide the body into subsections. To conduct
research that adds value to the field, precise awareness of the level of wisdom on a subject is
required. The purpose is to place research in a historical context to show familiarity with state-of-the-
art developments and to identify the likely directions for future research. If you want to work smart,
you don't want to miss this. This square may be circled by discussing the wider implications of the
reviewed topic for other disciplines. Point out overall trends in what has been published about the
topic; or conflicts in theory, methodology, evidence, and conclusions; or gaps in research and
scholarship; or a single problem or new perspective of immediate interest. To begin organising your
literature review’s argument and structure, you need to understand the connections and relationships
between the sources you’ve read. Keywords used in the data search included: food, naturalness,
natural content, and natural ingredients. Both papers account for showing the facts, however, they
vary in the approach. Instead, they use the conceptual foundation and knowledge they gathered from
books to support their arguments.