Mastering 'Metrics: The Path from Cause to Effect (Paperback)
  • Mastering 'Metrics: The Path from Cause to Effect (Paperback)
zoom

Mastering 'Metrics: The Path from Cause to Effect (Paperback)

(author), (author)
£28.00
Paperback 304 Pages / Published: 30/01/2015
  • In stock
  • Free UK delivery

Available

  • This item has been added to your basket
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

Publisher: Princeton University Press
ISBN: 9780691152844
Number of pages: 304
Weight: 340 g
Dimensions: 216 x 140 x 18 mm
Edition: with French flaps


MEDIA REVIEWS
"I would be hard pressed to name another econometrics book that can be read for enjoyment yet provides useful quantitative insights."--M.S.R., Financial Analysts Journal

You may also be interested in...

Econometrics For Dummies
Added to basket
Econometric Modelling with Time Series
Added to basket
Mostly Harmless Econometrics
Added to basket
Dynamic Econometrics
Added to basket
Econometrics by Example
Added to basket
The Cointegrated VAR Model
Added to basket
Naked Statistics
Added to basket
£12.99
Paperback
Microeconometrics Using Stata
Added to basket
Essentials of Econometrics (Int'l Ed)
Added to basket
Digital Audio Editing
Added to basket

Please sign in to write a review

Your review has been submitted successfully.