In today’s digital age, conducting research for economic studies has become easier than ever before. With the abundance of free online data sources available, students and professionals in the field of economics have a wealth of information at their fingertips. In this article, we will explore some of the top free online data sources for economics research.
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Free Online Data Sources for Economics Research
There are several free online data sources for economics research. Here are some of the most useful and popular ones.
American Economic Association
The American Economic Association (AEA) is an organization that provides resources for economists, including data sources and policies for publishing papers. The AEA’s Data Sources page provides links to useful and popular economics data sources, categorized by data type. The AEA also has Data and Code Policies and Guidance, which state that papers will only be published if the data and code used in the analysis are clearly and precisely documented and access to the data and code is non-exclusive to the authors.
The AEA’s Data Editor is Lars Vilhuber from Cornell University, and the policies include Data and Code Availability Policy, Data Legality Policy, Supplemental Policies, Policy for Papers Conducting Experiments and Collecting Primary Data, and Policy and Protocol for Third-Party Verifications.
Federal Reserve Economic Data (FRED)
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. FRED provides access to nearly 810,000 economic data series from 110 regional, national, and international sources.
The data series cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates, monetary aggregates, producer price indexes, reserves and monetary base, U.S. trade and international transactions, and U.S. financial data. FRED also has a mobile app that provides access to the economic data anytime, anywhere.
Economics Network
The Economics Network provides a list of links to access economic data that is freely available online. The list includes data on health and the economic history data, environment, housing price data, data on crime and the law, business and finance data, , data on education, and blogs on economics. The list is compiled and updated by John Sloman at the Economics Network. The American Economic Association also provides links to some of the most useful and popular economics data sources, categorized by data type.
Resources for the Economist on the Internet
This website provides a guide listing many resources on the Internet of interest to academic and practicing economists, and to those interested in economics. It includes links to data on health and the environment, housing price data, data on crime and the law, business and finance data, economic history data, data on education, and blogs on economics.
75 Sources of Economic Data, Statistics, Reports, and Commentary
The Yale Law School Library provides a list of 75 sources of economic data, statistics, reports, and commentary. Its website 75 sources of economic data, statistics, reports, and commentary, provides links to some of the best places to find economic data, statistics, and more. It includes links to national data on agriculture, education, manufacturing, and more, international economic data and statistics, and blogs that encourage debates on current and historic topics in economics.
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In conclusion, accessing free online data sources for economics research can be a valuable tool for students, researchers, and professionals in the field. With a vast array of datasets, publications, and statistics available, the information gleaned from these sources can provide insights into economic trends and patterns that can inform decision-making processes. By utilizing these free resources, individuals can expand their knowledge and understanding of the economy, as well as contribute to the development of innovative solutions to complex economic issues.