Category Archives: Economics

Heisenberg and Data Transparency

The Economist has an article on a paper concerning data transparency. The paper uses a natural experiment involving meetings of the Federal Open Markets Committee (FOMC), the panel that sets interest rates. In 1993 the Fed, pressed by Congress to … Continue reading

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It’s about the data, stupid!

I’ve been a big fan of Thomas Piketty and his book Capital in the 21st Century long before I knew about Thomas Piketty or his book. When word first started bubbling out about the book and the English translation’s release … Continue reading

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Admission of Wrongdoing

This article from the Economist details how an amateur palaeontologist uncovered serious errors in previously published papers on how dinosaurs grew. In total, he examined 12 papers. In four cases the original data had been lost. In three, the statistics … Continue reading

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Empirical Economics

I had this in the “Drafts” folder and forgot to put it out there. A year or so old, but still applicable. The new age of, ahem, big data is really changing the way economists work. A nice article over … Continue reading

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