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Econometric Analysis of Cross Section and Panel Data
 
 
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Econometric Analysis of Cross Section and Panel Data [Hardcover]

Jeffrey M. Wooldridge (Author)
5.0 out of 5 stars  See all reviews (4 customer reviews)

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Econometric Analysis of Cross Section and Panel Data Econometric Analysis of Cross Section and Panel Data
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This graduate text provides an intuitive but rigorous treatment of contemporary methods used in microeconometric research. The book makes clear that applied microeconometrics is about the estimation of marginal and treatment effects, and that parametric estimation is simply a means to this end. It also clarifies the distinction between causality and statistical association.

The book focuses specifically on cross section and panel data methods. Population assumptions are stated separately from sampling assumptions, leading to simple statements as well as to important insights. The unified approach to linear and nonlinear models and to cross section and panel data enables straightforward coverage of more advanced methods. The numerous end-of-chapter problems are an important component of the book. Some problems contain important points not fully described in the text, and others cover new ideas that can be analyzed using tools presented in the current and previous chapters. Several problems require the use of the data sets located at the author's website.

Book Info

Graduate text provides an intuitive but rigorous treatment of contemporary methods used in microeconometric research. Focuses specifically on cross section and panel data methods. Several problems require the use of the data sets included with the book.
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5.0 out of 5 stars Simply a great text.., Feb 19 2004
By A Customer
This review is from: Econometric Analysis of Cross Section and Panel Data (Hardcover)
If you are frustrated with the presentation in Greene and other econometric textbooks, then you may want to take a look at this book. It's the anti-Greene, full of clear, well-motivated presentations. What I love about this book is that the author clearly intended for it to be used by students -- even though you can find all the formal results that you would expect from an advanced econometrics text, there is so much intuition that can't be found anywhere else (at least in one book). If you plan on doing applied research, get this book!
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5.0 out of 5 stars Simply the best in its field., Sep 18 2003
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Daniel J. Ryan (Woodinville, WA United States) - See all my reviews
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This review is from: Econometric Analysis of Cross Section and Panel Data (Hardcover)
Wooldridge fills an enormous gap in the market between applied manuals (which do not deliver enough theory for an academically serious audience), and theory books (that leave you scratching your head as to how one is supposed to implement their results). This is a wonderful book for economic practitioners who want enough theoretical knowledge to support their applied work, but who don't want the theory obscuring the practical issues. An econometric theoretician might find another work more satisfying.
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5.0 out of 5 stars Five stars just because of the other books., Jun 20 2002
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This review is from: Econometric Analysis of Cross Section and Panel Data (Hardcover)
I have bought this book to have a comprehensive intermediate-advanced text on panel data and other approaches. The book is good, but no tables, no datasets, no figures!
Compared to other books on the topic, it is a very understandable book, but only COMPARED to those books. You do not have to be a Mathematician to understand it, but you must be at least intermediate in econometrics (after Gujarati or an intermediate course).
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