Methods of economic research : craftsmanship and credibility in applied microeconomics / Darren Grant.

Format:

Book

Author/Creator:

Grant, Darren, 1964- author.

Series:

Springer texts in business and economics 2192-4333

Springer texts in business and economics, 2192-4333

Language:

English

Subjects (All):

Microeconomics.

Econometrics.

Economic history.

Physical Description:

xix, 203 pages : illustrations, maps ; 24 cm.

Place of Publication:

Switzerland : Springer, [2018]

Summary:

"This textbook articulates the elements of good craftsmanship in applied microeconomic research and demonstrates its effectiveness with multiple examples from economic literature. Empirical economic research is a combination of several elements: theory, econometric modelling, institutional analysis, data handling, estimation, inference, and interpretation. A large body of work demonstrates how to do many of these things correctly, but to date, there is no central resource available which articulates the essential principles involved and ties them together. In showing how these research elements can be best blended to maximize the credibility and impact of the findings that result, this book presents a basic framework for thinking about craftsmanship. This framework lays out the proper context within which the researcher should view the analysis, involving institutional factors, complementary policy instruments, and competing hypotheses that can influence or explain the phenomena being studied. It also emphasizes the interconnectedness of theory, econometric modeling, data, estimation, inference, and interpretation, arguing that good craftsmanship requires strong links between each. Once the framework has been set, the book devotes a chapter to each element of the analysis, providing robust instruction for each case. Assuming a working knowledge of econometrics, this text is aimed at graduate students and early-career academic researchers as well as empirical economists looking to improve their technique"--Back cover.

Contents:

Craftsmanship and credibility in economic research

Part I. Ways of thinking

Systems

Scale

Part II. Ways of seeing

Vernacular knowledge

Data

Part III. Ways of doing

Theory and models

Description

Econometric modeling

Part IV. Ways of knowing

Testing

The ends of your means

The narrative in the numbers

Conclusion.

Notes:

Includes bibliographical references, glossary, and index.

ISBN:

3030017338

9783030017330

OCLC:

1051674549