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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

The Simple Economics of Open Source

Lerner, Josh - 2000

There has been a recent surge of interest in open source software development, which involves developers at many … exploration of the economics of open source software. We highlight the extent to which labor economics, especially the literature …

Persistent link: https://www.econbiz.de/10012471170

Hidden Software and Veiled Value Creation : Illustrations from Server Software Usage

Murciano-Goroff, Raviv; Zhuo, Ran; Greenstein, Shane M. - National Bureau of Economic Research - 2021

to open source software, an unpriced commodity in the digital economy. The study is the first to follow usage and … upgrading of unpriced software over a long period of time. It finds evidence that software updates mislead analyses of sources … software. We analyze the largest dataset ever compiled on web server use in the United States and link it to disaggregated …

Persistent link: https://www.econbiz.de/10012510617

Half a Century of Public Software Institutions : Open Source as a Solution to Hold-Up Problem

Schwarz, Michael - 2009

We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative … institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not … software must make complementary investments, when the return on such investments depends on future cooperation of the software …

Persistent link: https://www.econbiz.de/10012463702

PublicationHarvester : An Open-Source Software Tool for Science Policy Research

Azoulay, Pierre - 2006

We present PublicationHarvester, an open-source software tool for gathering publication information on individual life … scientists. The software interfaces with MEDLINE, and allows the end-user to specify up to four MEDLINE-formatted names for each …/editorials, etc.) The software also generates a keywords report at the scientist-year level, using the Medical Subject Headings (MeSH …

Persistent link: https://www.econbiz.de/10012466630

Incorporating Micro Data into Differentiated Products Demand Estimation with PyBLP

Conlon, Christopher; Gortmaker, Jeff - National Bureau of Economic Research - 2023

We provide a general framework for incorporating many types of micro data from summary statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style estimates of differentiated products demand systems. We extend best practices for BLP estimation in Conlon and...

Persistent link: https://www.econbiz.de/10014337838

Webmunk : A New Tool for Studying Online Behavior and Digital Platforms

Farronato, Chiara; Fradkin, Andrey; Karr, Chris - National Bureau of Economic Research - 2024

observing online behavior and conducting experiments is difficult without direct access to the user base and software of …

Persistent link: https://www.econbiz.de/10014635657