Description
This highly regarded graduate-level textbook, Wooldridge’s Econometric Analysis of Cross Section and Panel Data 2nd Edition (PDF), delivers a comprehensive exploration of two essential methodologies in modern econometric research: panel data analysis and cross-sectional data methods. With a particular emphasis on the behavioral relevance of assumptions, this ebook strikes an optimal balance between theoretical rigor and intuitive understanding. It thoroughly investigates both nonlinear and linear modeling approaches, addressing models that incorporate individual heterogeneity and dynamic elements.
From foundational estimation techniques such as the method of moments and maximum likelihood estimation to detailed explorations of specific models—including probit and logit, Tobit, count data models, treatment effects, and strategies for handling censored or missing data—this text serves as an invaluable resource for graduate students and researchers alike.
The Econometric Analysis of Cross Section and Panel Data 2e is pioneering in its focus on microeconomic data structures, allowing for a clear distinction between population and sampling assumptions. This thoroughly revised edition has been significantly enhanced, featuring an expanded array of models designed to tackle missing data challenges and a comprehensive discussion of “generalized instrumental variables” (GIV) estimation. Moreover, it offers an in-depth examination of cluster-related issues that are critical for empirical analysis, as well as new insights into inverse probability weighting based on the author’s recent work.
Additionally, this edition provides a robust framework for estimating treatment effects using panel data, aligning econometric methods with the literature on “generalized estimating equations” prevalent in statistics and other domains. Attention is also dedicated to clarifying when specific econometric techniques are applicable, aiming not only to illustrate effective methods but also to explain the rationale behind the limitations of seemingly straightforward approaches.
To support learning and foster exploration, the textbook is complemented by a plethora of exercises, both theoretical and computer-based, enabling students to delve deeper into the methodologies discussed and uncover new perspectives.
Please note: This product exclusively includes the ebook Econometric Analysis of Cross Section and Panel Data, 2nd edition in PDF. No access codes included.
ISBN: 978-0-262-02550-3, 978-0-97500298-5.
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