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Mostly Harmless Econometrics

Mostly Harmless Econometrics

An Empiricist's Companion

by Joshua D. Angrist

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appears in Econometrics, Statistics, and Finance.

The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differencesindifferences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques address clear causal questions such as: Do smaller classes...

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appears in Econometrics, Statistics, and Finance.

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The Undoing Project
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Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.

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Mostly Harmless Econometrics

Mostly Harmless Econometrics

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