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Document pages: 20 pages

Abstract: Scholars present their new research at seminars and conferences, and senddrafts to peers, hoping to receive comments and suggestions that will improvethe quality of their work. Using a dataset of papers published in economicsjournals, this article measures how much peers individual and collectivecomments improve the quality of research. Controlling for the quality of theresearch idea and author, I find that a one standard deviation increase in thenumber of peers individual and collective comments increases the quality ofthe journal in which the research is published by 47 .

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