Economics

Microeconometrics Methods and Applications

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This book provides a detailed treatment of micro econometric analysis, the analysis of individual-level data on the economic behavior of individuals or firms. This type of analysis usually entails applying regression methods to cross-section and panel data.
The book aims at providing the practitioner with a comprehensive coverage of statistical methods and their application in modern applied microeconometrics research. These methods include nonlinear modeling, inference under minimal distributional assumptions, identifying and measuring causation rather than mere association, and correcting departures from simple random sampling. Many of these features are of relevance to individual-level data analysis throughout the social sciences.
The ambitious agenda has determined the characteristics of this book. First, al- though oriented to the practitioner, the book is relatively advanced in places. A cook- book approach is inadequate because when two or more complications occur simultaneously – a common situation – the practitioner must know enough to be able to adapt available methods. Second, the book provides considerable coverage of practical data problems (see especially the last three chapters). Third, the book includes substantial empirical examples in many chapters to illustrate some of the methods covered. Finally, the book is unusually long. Despite this length we have been space-constrained. We had intended to include even more empirical examples, and abbreviated presentations will at times fail to recognize the accomplishments of researchers who have made substantive contributions.
The book assumes a good understanding of the linear regression model with matrix algebra. It is written at the mathematical level of the first-year economics Ph.D. sequence, comparable to Greene (2003). We have two types of readers in mind. First, the book can be used as a course text for a micro econometrics course, typically taught in the second year of the Ph.D., or for data-oriented microeconomics field courses such as labor economics, public economics, and industrial organization. Second, the book can be used as a reference work for graduate students and applied researchers who despite training in micro econometrics will inevitably have gaps that they wish to fill.

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Detail Information

Series Title

Microeconometrics Methods and Applications

Call Number

-

Publisher

New York : Cambridge University Press., 2005

Collation

1-1,058

Language

English

ISBN/ISSN

978-0-511-12581-2

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

1st Edtion

Subject(s)

Economics

Specific Detail Info

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Statement of Responsibility

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