Results

Journal article

Journal of Economic Perspectives:

Undergraduate econometrics instruction: through our classes, darkly

The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to "e...Read more...

CentrePiece article

The path from cause to effect: mastering 'metrics

How should researchers interested in social and economic policy untangle cause and effect? A new book by Joshua Angrist and Jorn Steffen Pischke shows how the five core econometric tools -randomised trials, regression, ...Read more...

Book

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 disc...Read more...

CEP discussion paper

Did Vietnam Veterans Get Sicker in the 1990s? The Complicated Effects of Military Service on Self-Reported Health

The veterans disability compensation (VDC) program, which provides a monthly stipend to disabled veterans, is the third largest American disability insurance program. Since the late 1990s, VDC growth has been driven prim...Read more...

CEP discussion paper

The Credibility Revolution in Empirical Economics: How Better Research Design is taking the Con out of Econometrics

This essay reviews progress in empirical economics since Leamer?s (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in s...Read more...

Book

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 explo...Read more...