[[ Read Textbooks ]] Mastering 'Metrics: The Path from Cause to Effect Author Joshua Angrist – Intimatenights.co.uk

Mastering 'Metrics: The Path from Cause to Effect 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 usefulThe 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 thanpedestrian 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 abuseWielding econometric tools with skill and confidence, Mastering Metrics uses data and statistics to illuminate the path from cause to effectShows why econometrics is importantExplains econometric research through humorous and accessible discussionOutlines empirical methods central to modern econometric practiceWorks through interesting and relevant real world examples

About the Author: Joshua Angrist

Joshua D Angrist is professor of economics at the Massachusetts Institute of Technology Jorn Steffen Pischke is professor of economics at the London School of Economics and Political Science.

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