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Technology and Big Data Are Changing Economics : Mining Text to Track Methods

Currie, Janet - 2020

The last 40 years have seen huge innovations in computing technology and data availability. Data derived from millions of administrative records or by using (as we do) new methods of data generation such as text mining are now common. New data often requires new methods, which in turn can...

Persistent link: https://www.econbiz.de/10012479239

Combining Family History and Machine Learning to Link Historical Records

Price, Joseph - 2019

A key challenge for research on many questions in the social sciences is that it is difficult to link historical records in a way that allows investigators to observe people at different points in their life or across generations. In this paper, we develop a new approach that relies on millions...

Persistent link: https://www.econbiz.de/10012480171

Big Data in Finance

Goldstein, Itay; Spatt, Chester S.; Ye, Mao - National Bureau of Economic Research - 2021

Big data is revolutionizing the finance industry and has the potential to significantly shape future research in finance. This special issue contains articles following the 2019 NBER/ RFS conference on big data. In this Introduction to the special issue, we define the "Big Data" phenomenon as a...

Persistent link: https://www.econbiz.de/10012496169

The Billion Prices Project : Using Online Prices for Measurement and Research

Cavallo, Alberto - 2016

New data-gathering techniques, often referred to as "Big Data" have the potential to improve statistics and empirical research in economics. In this paper we describe our work with online data at the Billion Prices Project at MIT and discuss key lessons for both inflation measurement and some...

Persistent link: https://www.econbiz.de/10012456563

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

Cong, Lin William; Mayer, Simon - National Bureau of Economic Research - 2023

We model platform competition with endogenous data generation, collection, and sharing, thereby providing a unifying framework to evaluate data-related regulation and antitrust policies. Data are jointly produced from users' economic activities and platforms' investments in data infrastructure....

Persistent link: https://www.econbiz.de/10013537775

Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data

Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023

We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...

Persistent link: https://www.econbiz.de/10014322847

Creating and Connecting US and China Science : Chinese Diaspora and Returnee Researchers

Xie, Qingnan; Freeman, Richard B. - National Bureau of Economic Research - 2023

The close connection between US and China in scientific research and education in the 2000s produced a large group of China-born researchers who work in the US ("diaspora") and a larger group of China-born researchers who gained US-research experience and returned to do their research in China...

Persistent link: https://www.econbiz.de/10014322694

Do Two Wrongs Make a Right? Measuring the Effect of Publications on Science Careers

Ginther, Donna K.; Zambrana, Carlos; Oslund, Patricia; … - National Bureau of Economic Research - 2023

This paper examines whether publication data matched to the Survey of Doctorate Recipients can be used for research purposes. We use Gold Standard data created to validate the publication match quality and compare these measures to publications assigned by a machine-learning algorithm developed...

Persistent link: https://www.econbiz.de/10014436975

Mapping the Knowledge Space : Exploiting Unassisted Machine Learning Tools

Teodoridis, Florenta; Lu, Jino; Furman, Jeffrey L. - National Bureau of Economic Research - 2022

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

Persistent link: https://www.econbiz.de/10013435165

How Does Expropriation Risk Affect Innovation?

Benavente H., José Miguel; Bravo Ortega, Claudio; … - National Bureau of Economic Research - 2024

We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …

Persistent link: https://www.econbiz.de/10014512142

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