000 02758cam a2200265 i 4500
008 141017s2015 njua b 001 0 eng
010 _a 2014024449
020 _a9780691152837 (hardback : alk. paper)
020 _a9780691152844 (paperback : alk. paper)
042 _apcc
050 0 0 _aHB139
_b.A53984 2015
082 0 0 _a330.015
_223
084 _aBUS021000
_2bisacsh
100 1 _aJoshua D. Angrist & Jorn-Steffen Pischke
_920616
245 1 0 _aMastering 'metrics :
_bthe path from cause to effect
260 _aUSA :
_bPrinceton University Press ,
_c2015 .
300 _axv, 282 pages :
_billustrations ;
_c22 cm
504 _aIncludes bibliographical references (pages 249-268) and index.
520 _a"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 "--
650 0 _aEconometrics.
_920617
650 7 _aBUSINESS & ECONOMICS / Econometrics.
_2bisacsh
_920618
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cNFIC
_n0
955 _brm13 2014-10-17
_crm13 2014-10-17 ONIX (telework)
_axn11 2015-01-16 1 copy rec'd., to CIP ver.
999 _c9872
_d9872