Economics in the age of big data. Einav, L. & Levin, J. Science (New York, N.Y.), 346(6210):1243089, American Association for the Advancement of Science, 11, 2014. ![Economics in the age of big data. [link]](https://bibbase.org/img/filetypes/link.svg "link")
Website abstract bibtex The quality and quantity of data on economic activity are expanding rapidly. Empirical research increasingly relies on newly available large-scale administrative data or private sector data that often is obtained through collaboration with private firms. Here we highlight some challenges in accessing and using these new data. We also discuss how new data sets may change the statistical methods used by economists and the types of questions posed in empirical research.
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notes = {suggestions for potential applications<br/>"One potential application of private sector data is to create statistics on aggregate economic activity that can be used to track the economy or as inputs to other research..."<br/>"second application of private data is to allow researchers to look “inside” specific firms or markets to study employee or consumer behavior or the operation of different industries."},
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abstract = {The quality and quantity of data on economic activity are expanding rapidly. Empirical research increasingly relies on newly available large-scale administrative data or private sector data that often is obtained through collaboration with private firms. Here we highlight some challenges in accessing and using these new data. We also discuss how new data sets may change the statistical methods used by economists and the types of questions posed in empirical research.},
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author = {Einav, Liran and Levin, Jonathan},
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