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Mastering Metrics: The Path from Cause to Effect

"Written by true 'masters of 'metrics, ' this book is perfect for those who wish to study this important subject. Using real-world examples and only elementary statistics, Angrist and Pischke convey the central methods of causal inference with clarity and wit."--Hal Varian, chief economist at Google"With humor and rigor, this book explores key approaches in applied econometrics. The authors present accessible, interesting examples--using data-heavy figures and graphic-style comics--to teach practitioners the intuition and statistical understanding they need to become masters of 'metrics. A must-read for anyone using data to investigate questions of causality!"--Melissa S. Kearney, University of Maryland and the Brookings Institution"This valuable book connects the dots between mathematical formulas, statistical methods, and real-world policy analysis. Reading it is like overhearing a conversation between two grumpy old men who happen to be economists--and