The open science and research transparency movement aims to make the research process more visible and to strengthen the credibility of results. Examples of open research practices include open data, pre-registration, and replication. Open science proponents argue that making data and codes...

This paper provides insights into the apparent seesaw between the generation of theoretical versus empirical economics research over time. A dynamic model considers the incentives of researchers to focus on empirical versus theoretical papers. It yields the main characteristics of the...