“What a fascinating and useful book! The application of econometrics in empirical research is as much art as science. What is most distinctive about “Mostly Harmless Econometrics” relative to other graduate-level econometrics books (besides the colorful prose style!) is that, because the authors are long-time practitioners of applied microeconometrics, they speak often and insightfully about the art. I expect it’s a great thing to work in the same department with Angrist or Pischke and to be able to ask their advice. Having this book close at hand is the next best thing. When you consult the book to see “What would Angrist and Pischke do?” about econometric issues you encounter in your own research, you won’t necessarily end up doing what they would in every single instance, but I bet you always will benefit from getting their take on the issue.”
Published May 6, 2009. Tagged Short Takes. Bookmark the permalink. Both comments and trackbacks are currently closed.
Gary Solon, Michigan State University
“What a fascinating and useful book! The application of econometrics in empirical research is as much art as science. What is most distinctive about “Mostly Harmless Econometrics” relative to other graduate-level econometrics books (besides the colorful prose style!) is that, because the authors are long-time practitioners of applied microeconometrics, they speak often and insightfully about the art. I expect it’s a great thing to work in the same department with Angrist or Pischke and to be able to ask their advice. Having this book close at hand is the next best thing. When you consult the book to see “What would Angrist and Pischke do?” about econometric issues you encounter in your own research, you won’t necessarily end up doing what they would in every single instance, but I bet you always will benefit from getting their take on the issue.”