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The core methods in today's econometric toolkit are linear regression for statistical control, instrumental variables methods for the analysis of natural experiments, and differences-in-differences methods that exploit policy changes. In the modern experimentalist paradigm, these techniques address clear causal questions such as: Do smaller classes increase learning? Should wife batterers be arrested? How much does education raise wages? Mostly Harmless...
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What leaders today must realize is that they are living in a post-authoritative, innovation-centric economy. The old skills of authoritarianism, layered hierarchical management structures, and risk-centric philosophies, work schedules, and environments hold very little value in today's workplace. They're obsolete. The post- authoritative economy mandates innovation, speed, and connectivity. These new success drivers are all but nonexistent in old-fashioned...
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Christian Gourieroux is Director of the Laboratory for Finance and Insurance at the Center for Research in Economics and Statistics (CREST) in Paris, and Professor at the University of Toronto. He is the coauthor of Statistics and Econometric Models, Simulation-Based Econometric Methods, and Time Series and Dynamic Models. Joann Jasiak is Associate Professor of Economics at York University, Toronto. She and Christian Gourieroux are the authors of...
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This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments...
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"It's the economy, stupid," as Democratic strategist James Carville would say. After many years of study, Ray C. Fair has found that the state of the economy has a dominant influence on national elections. Just in time for the 2012 presidential election, this new edition of his classic text, Predicting Presidential Elections and Other Things, provides us with a look into the likely future of our nation's political landscape-but Fair doesn't stop there....
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Esta obra presenta material básico de estudio, mediante ejercicios resueltos, para un curso de econometría. Se cubren diferentes temas del contenido mínimo de tal curso, como: regresión lineal simple, regresión lineal múltiple, métodos para datos con estructura de panel y procedimientos asociados a la inferencia, especificación y estimación. El libro complementa, y en absoluto reemplaza, el ejercicio de aprendizaje del estudiante de un curso...
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La presente obra abarca una aproximación de visiones académicas y testimoniales de lo que fue la la dolarización como Sistema Monetario Financiero en el Ecuador, transcurridas más de dos décadas. También documenta su condición paradigmática de política monetaria exitosa para otras naciones latinoamericanas, bien porque siguieron otros derroteros macroeconómicos (Argentina) o bien por que inspiró acciones similares (El Salvador).
Como el...
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Este manual va dirigido tanto a investigadores como a estudiantes de Economía que adelantan cursos de Econometría básica. Ha sido diseñado para que sirva de guía en el manejo del paquete econométrico EViews 10.0. Si bien existe un sinnúmero de manuales de EViews. el presente manual se caracteriza porque explica con un lenguaje sencillo el manejo del EViews. e ilustra de forma didáctica. mediante ventanas y/o comandos. cómo obtener los resultados....
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Have you ever wondered just how our current global economy came about-and how its laws and regulations rule and influence our lives?
In this commonsense discussion of world economics, author Cornelis Bal presents a brief exploration of these questions and offers suggestions for how we might change our economic system in order to improve our lives. His explanation draws a comparison between the laws of nature and the laws of economics, considering...
10) Introduction to Small Area Estimation Techniques: A Practical Guide for National Statistics Offices
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This guide to small area estimation aims to help users compile more reliable granular or disaggregated data in cost-effective ways. It explains small area estimation techniques with examples of how the easily accessible R analytical platform can be used to implement them, particularly to estimate indicators on poverty, employment, and health outcomes. The guide is intended for staff of national statistics offices and for other development practitioners....
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The Richest Man in Babylon is considered, as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. Revealed inside are the secrets to acquiring money, keeping money, and making money earn more money.
Providing financial wisdom through parables, 'The Richest Man in Babylon' was originally a set of pamphlets, written by the author and distributed by banks and insurance companies. These pamphlets...
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¿Estás listo para desatar tu verdadero potencial y transformar tu vida? "Creer y Crear: El Poder Transformador de la Acción" es un libro inspirador que te guiará en un viaje hacia el empoderamiento personal y financiero.
En este libro, descubrirás la estrecha relación entre tus creencias, tu capacidad creativa y el poder de la acción. A través de una perspectiva reveladora, aprenderás cómo tus creencias pueden influir en tus resultados financieros,...
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This book is intended for students having no knowledge in econometrics and little knowledge in statistics and in probability.
For a long time, the tradition in most countries was to teach econometrics the hard way. In a first stage, students had to learn plenty of mathematical results on various classes of estimators and tests. During this time they had to believe that their arid investment will be profitable in the future and will allow them to...
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John Geweke is Distinguished Research Professor at the University of Technology Sydney, and research professor at the University of Colorado. He is the coeditor of the Journal of Econometrics and his most recent previous book is Contemporary Bayesian Econometrics and Statistics (Wiley).
Econometric models are widely used in the creation and evaluation of economic policy in the public and private sectors. But these models are useful only if they...
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We all know the book: it's been hailed as one of the most important documents on how the world economy works, or doesn't work, and it's been a colossal bestseller since it first appeared in 2014, with more than 1.5 million copies sold. Thomas Piketty's Capital in the Twenty-First Century makes a powerful case that wealth, and accumulated wealth, tends to stay where it lands: and with the passage of time, just gets bigger… and bigger. But how many...
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The entire research study on cultural economics especially emphasises on Temple Culture, with reference to a case study of Tarakeswar. It is terminated by giving the conclusion that the socio-economic development of Tarakeswar block as well as municipality is fully dependent upon the Religious Culture of the temple of 'Baba Taraknath'. The municipal authority, the railway authority and various local hospitality groups at Tarakeswar are socio-economically...
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"Lars Peter Hansen, Co-Winner of the 2013 Nobel Prize in Economics" "Thomas J. Sargent, Winner of the 2011 Nobel Prize in Economics" Lars Peter Hansen is the David Rockefeller Distinguished Service Professor at the University of Chicago, where he is also the research director of the Becker Friedman Institute. Thomas J. Sargent is professor of economics at New York University and a senior fellow at the Hoover Institution at Stanford University. His...
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This publication provides estimates of purchasing power parities (PPPs) and real expenditures for 22 economies in Asia and the Pacific. These are summary regional results from the 2017 cycle of the International Comparison Program (ICP), a global statistical initiative carried out under the auspices of the United Nations Statistical Commission. The report provides estimates of PPPs, real expenditures for total and per capita gross domestic product...
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This publication aims to support impact evaluation in the transport sector by assessing what has been produced against what might be possible. It reviews 91 impact evaluations of transport interventions in developing countries, summarizes findings on outcomes, identifies evidence gaps, and proposes ways forward. Most of the studies reviewed find significant effects on at least one of the outcomes investigated. However, impact evaluation has given...
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This report aims to support impact evaluation in the energy sector by assessing what has been produced against what might be possible. It reviews 85 impact evaluations of energy interventions in developing countries, summarizes findings on outcomes, identifies evidence gaps, and proposes ways forward. A majority of studies has so far focused on rural electrification and improved cookstoves, while most investments are in power generation and transmission....
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