This blog has been reposted from the Bruegel Blog. “55 years after its promulgation, how would you like to change the Italian constitution?” This is the rather difficult question posed to Italians in the online public consultation that closed in early October. Nonetheless, this attempt to improve the discourse between policy-making institutions and their citizens […]
Please come and kick the tires of our open model of an oil contract! In the next month or so, OpenOil and its partners will publish what we believe will be the first financial model of an oil contract under Creative Commons license. We would like to take this opportunity to invite the Open Economics […]
Investors have traditionally relied on Wall Street analysts for projections of companies’ intrinsic values. Wall Street analysts typically come up with their valuations using Discounted Cash flow (DCF) analysis. However, they do not disclose the proprietary models used for arriving at buying, selling or holding recommendations. ThinkNum has a solution which allows users to build […]
A year and a half ago we embarked on the Open Economics project with the support of the Alfred P. Sloan Foundation and we would like a to share a short recap of what we have been up to. Our goal was to define what open data means for the economics profession and to become […]
The Open Economics Working Group would like to introduce the Open Economics Principles, a Statement on Openness of Economic Data and Code. A year and a half ago the Open Economics project began with a mission of becoming central point of reference and support for those interested in open economic data. In the process of […]
The European Commission held a public consultation on open access to research data on July 2 in Brussels inviting statements from researchers, industry, funders, IT and data centre professionals, publishers and libraries. The inputs of these stakeholders will play some role in revising the Commission’s policy and are particularly important for the ongoing negotiations on […]
The European Commission held a public consultation on open access to research data on July 2 in Brussels inviting statements from researchers, industry, funders, IT and data centre professionals, publishers and libraries. The inputs of these stakeholders will play some role in revising the Commission’s policy and are particularly important for the ongoing negotiations on […]
On June 11-12, the Open Economics Working Group of the Open Knowledge Foundation organised the Second Open Economics International Workshop, hosted at the MIT Sloan School of Management, a second of two international workshops funded by the Alfred P. Sloan Foundation, aimed at bringing together economists and senior academics, funders, data publishers and data curators […]
The American Economic Association (AEA) has recently launched a registry for randomized controlled trials in economics (https://www.socialscienceregistry.org). The registry aims to address the growing number of requests for registration by funders and peer reviewers, make access to results easier and more transparent, and help solve the problem of publication bias by providing a single place […]
### Open Economics Project Coordinator The Open Economics Working Group is looking for a project coordinator to lead the Open Economics project in the next phase. The Open Economics Project Coordinator will be the point of contact for the Working Group and will work closely with a community of economists, data publishers, research data professionals, […]
Quandl.com is a platform for numerical data that currently offers 6 million free and open time series datasets. Conceptually, Quandl aspires to do for quantitative data what Wikipedia did for qualitative information: create one location where quantitative data is easily available, immediately usable and completely open. Open Economics and Quandl thus share a number of […]
The Berkeley Initiative for Transparency in the Social Sciences (BITSS) is a new effort to promote transparency in empirical social science research. The program is fostering an active network of social science researchers and institutions committed to strengthening scientific integrity in economics, political science, behavioral science, and related disciplines. Central to the BITSS effort is […]
Next week, on June 11-12, at the MIT Sloan School of Management, the Open Economics Working Group of the Open Knowledge Foundation will gather about 40 economics professors, social scientists, research data professionals, funders, publishers and journal editors for the second Open Economics International Workshop. The event will follow up on the first workshop held […]
This blog post is written by Martin Keegan and Velichka Dimitrova. On Saturday, May 25, a team of economists and programming experts gathered to plan a format for the saving of regression results in economics. The project would allow for the building of a database of empirical results, where queries would be made, allowing to […]
Last month in Berlin, the Knowledge Exchange gathered around 80 representatives from funder agencies, research institutions, universities and scholarly societies in the Making Data Count workshop with the aim “to discuss and build on possibilities to implement the culture of sharing and to integrate publication of data into research assessment procedures.” The report “The Value […]
Last Friday, Barry Eichengreen, professor of Economics and Political Science at Berkeley, wrote about “Open Access Economics” at the prestigious commentary, analysis and opinion page Project Syndicate, where influential professionals, politicians, economists, business leaders and Nobel laureates share opinions about current economic and political issues. He reaffirmed that indeed the results of the Reinhart and […]
Last month, Paul David, professor of Economics at Stanford University, Senior Fellow of the Stanford Institute for Economic Policy Research (SIEPR) and a member of the Advisory Panel delivered a keynote presentation at the International Seminar of the PROPICE in Paris. Professor David expresses concern that the increased use of intellectual property rights (IPR) protections […]
The Open Economics Working Group is inviting to a one-day sprint to create a machine-readable format for the reporting of regression results. When: May 25, Saturday, 10:00-16:00 Where: Centre for Creative Collaboration (tbc), 16 Acton Street, London, WC1X 9NG How to participate: please, write to economics [at] okfn.org The event is meant for graduate students […]
Last month we released ten datasets from the research project “Small Artificial Human Agents for Virtual Economies“, implemented by Professor David Levine and Professor Yixin Chen at the Washington University of St. Louis and funded by the National Science Foundation [See dedicated webpage]. We are now happy to announce that the list has grown with […]
Another economics scandal made the news this week. Harvard Kennedy School professor Carmen Reinhart and Harvard University professor Kenneth Rogoff argued in their 2010 NBER paper that economic growth slows down when the debt/GDP ratio exceeds the threshold of 90 percent of GDP. These results were also published in one of the most prestigious economics […]
The OKF Open Research Data Handbook – a collaborative and volunteer-led guide to Open Research Data practices – is beginning to take shape and we need you! We’re looking for case studies showing benefits from open research data: either researchers who have personal stories to share or people with relevant expertise willing to write short […]
This blog post is cross-posted from the Contribution Economy Blog. Many journals now have open data policies but they are sparingly enforced. So many scientists do not submit data. The question is: what drives them not to submit? Is it laziness? Is it a desire to keep the data to themselves? Or is it something […]
We are very happy to announce that the Open Economics Working Group is releasing the datasets of the research project “Small Artificial Human Agents for Virtual Economies“, implemented by Professor David Levine and Professor Yixin Chen at the Washington University of St. Louis and funded by the National Science Foundation [See dedicated webpage]. The authors […]
This article is cross-posted from the blog of the European Data Watch Extended Project In the context of our research project EDaWaX a new research paper has been published by Patrick Andreoli-Versbach (International Max Planck Research School for Competition and Innovation (IMPRS-CI), LMU Munich, Munich Center for Innovation and Entrepreneurship Research (MCIER)) and Frank Mueller-Langer(Max […]
For years now, the practice preregistering clinical trials has worked to reduce publication bias dramatically (Drummond Rennie offers more details). Trying to build on this trend for transparency, the Open Knowledge Foundation, which runs the Open Economics Working Group, has expressed support for All Trials Registered, All Results Reported (http://www.alltrials.net). This initiative argues that all […]
Here at the Open Knowledge Foundation we think that open access is great. It’s cost-free to readers, and thus knowledge can be read, shared and re-used across the world without impediment. But publishing itself isn’t cost free, and the costs of publishing must be supported somehow. The fear of expensive charges sometimes discourages academics from […]
This blog post is cross-posted from the Contribution Economy Blog. One of the things pointed to in the debate over market power and scholarly journals is the rise of “Big Deal” packages. Basically, this has arisen as publishers bundle journals together for a single price. Indeed, as the publishers have merged and acquired more titles, […]
We are happy to welcome Joshua Gans in the Advisory Panel of the Open Economics Working Group. Joshua Gans is a Professor of Strategic Management and holder of the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the Rotman School of Management, University of Toronto (with a cross appointment in the Department of […]
Many of the motivations which drive open access are similar to why we want open data in social science research: making one’s research more widely available to the research community and to the wider public, producing more and better research that can be reproduced and verified. On February 7-8, the University of Minho hosted the […]
This blog post is written by Esther Hoorn, Copyright Librarian, University of Groningen, the Netherlands. If Roald Dahl were still alive, he would certainly be tempted to write a book about the Dutch social psychologist Diederik Stapel. For not only did he make up the research data to support his conclusions, but also he ate […]
Throughout the Eurozone, credit rating agencies have been under attack for their lack of transparency and for their pro-cyclical sovereign rating actions. In the humble belief that the crowd can outperform the credit rating oracles, we are introducing an open database of historical sovereign risk data. It is available at http://sovdefdata.appspot.com/ where community members can both […]
The first Open Economics International Workshop gathered 40 academic economists, data publishers and funders of economics research, researchers and practitioners to a two-day event at Emmanuel College in Cambridge, UK. The aim of the workshop was to build an understanding around the value of open data and open tools for the Economics profession and the […]
On February 15-16, the Open Research Data Handbook Sprint will happen at the Open Data Institute, 65 Clifton Street, London EC2A 4JE. The Open Research Data Handbook aims to provide an introduction to the processes, tools and other areas that researchers need to consider to make their research data openly available. Join us for a […]
This blog post is written by Eustáquio Reis, Senior Research Economist at the Institute of Applied Economic Research (Ipea) in Brazil and member of the Advisory Panel of the Open Economics Working Group. The project Statistical Memory of Brazil aims to digitize and to make freely available and downloadable the rare book collections of the […]
A few months back Open Economics launched a project to list the European banks which have failed recently. After a successful online data sprint and follow up research, we have now collected data on 122 bank failures and bailouts since 1997. To visualize the data collected on bank failures I created this timeline. The data […]
This blog post is written by Ayeh Bandeh-Ahmadi, PhD candidate at the Department of Economics, University of Maryland. This past spring, I spent a few months at the crowdfunding company Kickstarter, studying a number of aspects of the firm from what makes some projects succeed while others fail, preferences among backers, predictors of fraud, and […]
**You can follow all the goings-on today and tomorrow through the [live stream](http://bambuser.com/v/3232222).** On 17-18 December, economics and law professors, data publishers, practitioners and representatives from international institutions will gather at Emmanuel College, Cambridge for the First Open Economics International Workshop. From showcasing the examples of successes in collaborative economic research and open data to […]
This blog post has been written by Sven Vlaeminck | ZBW – German National Library of Economics / Leibniz Information Center for Economics Research Data Management in Economic Journals Background In Economics, as in many other research disciplines, there is a continuous increase in the number of papers where authors have collected their own research […]
This blog post is written by Jorge Zapico, researcher at the Center for Sustainable Communications at KTH The Royal Institute of Technology and Velichka Dimitrova, Project Coordinator for Economics and Energy at the Open Knowledge Foundation and is cross-posted from the main blog. Sign up to Open Sustainability Sustainability is one of the most important […]
About OpenOil and transparency I work for a transparency organisation and small publishing house, called OpenOil. We work on resource curse issues: trying to ensure that citizens of resource-rich countries can reap the benefits of their natural resources. Since our beginning – just 16 months ago – we have run projects on site in Colombia, […]
