Mostly Harmless Econometrics An Empiricist's Companion

The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differences-in-differences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques add...

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Bibliographic Details
Main Author: Angrist, Joshua D.
Other Authors: Pischke, Jörn-Steffen
Format: eBook
Language:English
Published: Princeton ; Oxford Princeton University Press 2008, ©2009
Subjects:
Online Access:
Collection: DeGruyter MPG Collection - Collection details see MPG.ReNa
Description
Summary:The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differences-in-differences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques address clear causal questions such as: Do smaller classes increase learning? Should wife batterers be arrested? How much does education raise wages? Mostly Harmless Econometrics shows how the basic tools of applied econometrics allow the data to speak. In addition to econometric essentials, Mostly Harmless Econometrics covers important new extensions--regression-discontinuity designs and quantile regression--as well as how to get standard errors right. Joshua Angrist and Jörn-Steffen Pischke explain why fancier econometric techniques are typically unnecessary and even dangerous. The applied econometric methods emphasized in this book are easy to use and relevant for many areas of contemporary social science.
Physical Description:xiii, 373 Seiten
ISBN:9781400829828