Edited by
James Heckman, University of Chicago, IL, U.S.A.; University College Dublin, Ireland
Edward Leamer, University of California, Los Angeles, CA, USA
Description
As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to
address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody
this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics
as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of
human choice behavior and social interactions. All of the essays in this volume and its companion volume 6B offer guidance to the practitioner
on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields
they survey and extend.
Audience:
Graduates, academics and professionals with an interest in econometrics
