Mastering 'metrics : the path from cause to effect
By: Joshua D. Angrist & Jorn-Steffen Pischke
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Material type: 
BookPublisher: USA : Princeton University Press , 2015Description: xv, 282 pages : illustrations ; 22 cm.ISBN: 9780691152837 (hardback : alk. paper); 9780691152844 (paperback : alk. paper).Subject(s): Econometrics | BUSINESS & ECONOMICS / EconometricsDDC classification: 330.015 Summary: "Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu-themed humor, Mastering 'Metrics presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful.The five most valuable econometric methods, or what the authors call the Furious Five--random assignment, regression, instrumental variables, regression discontinuity designs, and differences in differences--are illustrated through well-crafted real-world examples (vetted for awesomeness by Kung Fu Panda's Jade Palace). Does health insurance make you healthier? Randomized experiments provide answers. Are expensive private colleges and selective public high schools better than more pedestrian institutions? Regression analysis and a regression discontinuity design reveal the surprising truth. When private banks teeter, and depositors take their money and run, should central banks step in to save them? Differences-in-differences analysis of a Depression-era banking crisis offers a response. Could arresting O. J. Simpson have saved his ex-wife's life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse.Wielding econometric tools with skill and confidence, Mastering 'Metrics uses data and statistics to illuminate the path from cause to effect. Shows why econometrics is important Explains econometric research through humorous and accessible discussion Outlines empirical methods central to modern econometric practice Works through interesting and relevant real-world examples "--
| Item type | Current location | Call number | Status | Notes | Date due |
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BardBerlinLibrary 2nd floor | 330.015 ANG 2015 (Browse shelf) | Checked out | 20/12/2024 | |
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BardBerlinLibrary 2nd floor | 330.015 ANG 2015 (Browse shelf) | Available | On reserve shelf for Economics Fall 2024 | |
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Non Fiction
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BardBerlinLibrary 2nd floor | 330.015 ANG 2015 (Browse shelf) | Available |
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| 330.01 WAT 2013 Strategy : an introduction to game theory / | 330.015 ANG 2015 Mastering 'metrics : | 330.015 ANG 2015 Mastering 'metrics : | 330.015 ANG 2015 Mastering 'metrics : | 330.015 CHI 2005 Fundamental methods of mathematical economics | 330.015 HEA 2017 Maths for Economics : | 330.015 HEA 2017 Maths for Economics : |
Includes bibliographical references (pages 249-268) and index.
"Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu-themed humor, Mastering 'Metrics presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful.The five most valuable econometric methods, or what the authors call the Furious Five--random assignment, regression, instrumental variables, regression discontinuity designs, and differences in differences--are illustrated through well-crafted real-world examples (vetted for awesomeness by Kung Fu Panda's Jade Palace). Does health insurance make you healthier? Randomized experiments provide answers. Are expensive private colleges and selective public high schools better than more pedestrian institutions? Regression analysis and a regression discontinuity design reveal the surprising truth. When private banks teeter, and depositors take their money and run, should central banks step in to save them? Differences-in-differences analysis of a Depression-era banking crisis offers a response. Could arresting O. J. Simpson have saved his ex-wife's life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse.Wielding econometric tools with skill and confidence, Mastering 'Metrics uses data and statistics to illuminate the path from cause to effect. Shows why econometrics is important Explains econometric research through humorous and accessible discussion Outlines empirical methods central to modern econometric practice Works through interesting and relevant real-world examples "--
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