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The path from cause to effect: mastering 'metrics

Author

Listed:
  • Joshua D. Angrist
  • Jörn-Steffen Pischke

Abstract

How should researchers interested in social and economic policy untangle cause and effect? A new book by Joshua Angrist and Jörn Steffen Pischke shows how the five core econometric tools -randomised trials, regression, instrumental variables, regression discontinuity designs and differences-in-differences - accomplish this. These tools lie at the heart of CEP research.

Suggested Citation

  • Joshua D. Angrist & Jörn-Steffen Pischke, 2015. "The path from cause to effect: mastering 'metrics," CentrePiece - The magazine for economic performance 442, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:442
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    File URL: https://cep.lse.ac.uk/pubs/download/cp442.pdf
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    More about this item

    Keywords

    applied econometrics; research design; natural experiment; quasi-experiment; structural models;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

    NEP fields

    This paper has been announced in the following NEP Reports:

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