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Abstract:

cover
CentrePiece Article
The path from cause to effect: mastering 'metrics
Joshua D. Angrist and Jörn-Steffen Pischke
July 2015
Paper No' CEPCP442:
Full Paper (pdf)

CentrePiece 20 (1) Summer 2015


JEL Classification: C01


Tags: applied econometrics; research design; natural experiment; quasi-experiment; structural models

How should researchers interested in social and economic policy untangle cause and effect? A new book by Joshua Angrist and Jörn Steffen Pischke shows how the five core econometric tools -randomised trials, regression, instrumental variables, regression discontinuity designs and differences-in-differences - accomplish this. These tools lie at the heart of CEP research.

Mastering 'Metrics: The Path from Cause to Effect by Joshua Angrist and Jörn Steffen Pischke, Princeton University