{"product_id":"9780691152844","title":"Mastering 'Metrics","description":"Author: Joshua D. Angrist\u003cbr\u003eISBN: 9780691152844\u003cbr\u003ePublisher: Princeton University Press\u003cbr\u003eYear first published: 03 Mar 2015\u003cbr\u003ePages: 304\u003cbr\u003eFormat: Paperback \/ softback\u003cbr\u003e\u003cbr\u003e\u003cp\u003eApplied econometrics, known to aficionados as \u0026amp;#x27;metrics, is the original data science. \u0026amp;#x27;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 humour, \u003ci\u003eMastering \u0026amp;#x27;Metrics\u003c\/i\u003e presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful. \u003c\/p\u003e\u003cp\u003e 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\u0026amp;#x27;s Jade Palace). Does health insurance make you healthier? Randomised 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\u0026amp;#x27;s life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse. \u003c\/p\u003e\u003cp\u003eWielding econometric tools with skill and confidence, \u003ci\u003eMastering \u0026amp;#x27;Metrics\u003c\/i\u003e uses data and statistics to illuminate the path from cause to effect. \u003c\/p\u003e","brand":"Ships in 10 to 15 days","offers":[{"title":"Default Title","offer_id":47845869420702,"sku":"ADS-9780691152844","price":59.78,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0400\/9043\/5742\/files\/9780691152844.jpg?v=1781223447","url":"https:\/\/classicbargains.com.au\/products\/9780691152844","provider":"Classic Bargains Australia","version":"1.0","type":"link"}