The Limits Of Inference Without Theory
DOWNLOAD
Download The Limits Of Inference Without Theory PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Limits Of Inference Without Theory book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Limits Of Inference Without Theory
DOWNLOAD
Author : Kenneth I. Wolpin
language : en
Publisher: MIT Press
Release Date : 2013-04-26
The Limits Of Inference Without Theory written by Kenneth I. Wolpin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-26 with Business & Economics categories.
The role of theory in ex ante policy evaluations and the limits that eschewing theory places on inference In this rigorous and well-crafted work, Kenneth Wolpin examines the role of theory in inferential empirical work in economics and the social sciences in general—that is, any research that uses raw data to go beyond the mere statement of fact or the tabulation of statistics. He considers in particular the limits that eschewing the use of theory places on inference. Wolpin finds that the absence of theory in inferential work that addresses microeconomic issues is pervasive. That theory is unnecessary for inference is exemplified by the expression “let the data speak for themselves.” This approach is often called “reduced form.” A more nuanced view is based on the use of experiments or quasi-experiments to draw inferences. Atheoretical approaches stand in contrast to what is known as the structuralist approach, which requires that a researcher specify an explicit model of economic behavior—that is, a theory. Wolpin offers a rigorous examination of both structuralist and nonstructuralist approaches. He first considers ex ante policy evaluation, highlighting the role of theory in the implementation of parametric and nonparametric estimation strategies. He illustrates these strategies with two examples, a wage tax and a school attendance subsidy, and summarizes the results from applications. He then presents a number of examples that illustrate the limits of inference without theory: the effect of unemployment benefits on unemployment duration; the effect of public welfare on women's labor market and demographic outcomes; the effect of school attainment on earnings; and a famous field experiment in education dealing with class size. Placing each example within the context of the broader literature, he contrasts them to recent work that relies on theory for inference.
The Limits Of Inference Without Theory
DOWNLOAD
Author : Kenneth I. Wolpin
language : en
Publisher: MIT Press
Release Date : 2013-04-26
The Limits Of Inference Without Theory written by Kenneth I. Wolpin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-26 with Business & Economics categories.
The role of theory in ex ante policy evaluations and the limits that eschewing theory places on inference In this rigorous and well-crafted work, Kenneth Wolpin examines the role of theory in inferential empirical work in economics and the social sciences in general—that is, any research that uses raw data to go beyond the mere statement of fact or the tabulation of statistics. He considers in particular the limits that eschewing the use of theory places on inference. Wolpin finds that the absence of theory in inferential work that addresses microeconomic issues is pervasive. That theory is unnecessary for inference is exemplified by the expression “let the data speak for themselves.” This approach is often called “reduced form.” A more nuanced view is based on the use of experiments or quasi-experiments to draw inferences. Atheoretical approaches stand in contrast to what is known as the structuralist approach, which requires that a researcher specify an explicit model of economic behavior—that is, a theory. Wolpin offers a rigorous examination of both structuralist and nonstructuralist approaches. He first considers ex ante policy evaluation, highlighting the role of theory in the implementation of parametric and nonparametric estimation strategies. He illustrates these strategies with two examples, a wage tax and a school attendance subsidy, and summarizes the results from applications. He then presents a number of examples that illustrate the limits of inference without theory: the effect of unemployment benefits on unemployment duration; the effect of public welfare on women's labor market and demographic outcomes; the effect of school attainment on earnings; and a famous field experiment in education dealing with class size. Placing each example within the context of the broader literature, he contrasts them to recent work that relies on theory for inference.
The Sage Handbook Of Research Methods In Political Science And International Relations
DOWNLOAD
Author : Luigi Curini
language : en
Publisher: SAGE
Release Date : 2020-04-09
The Sage Handbook Of Research Methods In Political Science And International Relations written by Luigi Curini and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-09 with Political Science categories.
The SAGE Handbook of Research Methods in Political Science and International Relations offers a comprehensive overview of the field and its research processes through the empirical and research scholarship of leading international authors.
Including A Symposium On Bruce Caldwell S Beyond Positivism After 35 Years
DOWNLOAD
Author : Luca Fiorito
language : en
Publisher: Emerald Group Publishing
Release Date : 2018-05-18
Including A Symposium On Bruce Caldwell S Beyond Positivism After 35 Years written by Luca Fiorito and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-18 with Business & Economics categories.
Volume 36A of Research in the History of Economic Thought and Methodology features a symposium on Bruce Caldwell’s Beyond Positivism after 35 years. The volume also features general-research essays from Luis Mireles-Flores and Alain Marciano. Luca Fiorito presents a new discovery from the archives.
Computational Economics
DOWNLOAD
Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2023-12-23
Computational Economics written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-23 with Business & Economics categories.
What is Computational Economics Computer science, economics, and management science are all branches of study that are included in the field of computational economics, which is an interdisciplinary research field. This topic includes the modeling of economic processes through the use of computer methods. There are some of these fields that are not found anywhere else, while others have established themselves as areas of economics by enabling robust data analytics and solutions to problems that would be difficult to investigate without the use of computers and the numerical methods that are connected with them. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Computational economics Chapter 2: Econometrics Chapter 3: Experimental economics Chapter 4: Representative agent Chapter 5: Macroeconomic model Chapter 6: Formal epistemology Chapter 7: Evolutionary economics Chapter 8: Economics education Chapter 9: Agent-based computational economics Chapter 10: Dynamic stochastic general equilibrium Chapter 11: Microfoundations Chapter 12: Adaptive Modeler Chapter 13: Mathematical economics Chapter 14: Methodology of econometrics Chapter 15: ACEGES Chapter 16: Anil K. Bera Chapter 17: Heterogeneity in economics Chapter 18: Criticisms of econometrics Chapter 19: Causal inference Chapter 20: Michael Keane (economist) Chapter 21: John Rust (II) Answering the public top questions about computational economics. (III) Real world examples for the usage of computational economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of computational economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of computational economics.
Empirical Implications Of Theoretical Models In Political Science
DOWNLOAD
Author : Jim Granato
language : en
Publisher: Cambridge University Press
Release Date : 2021-05-13
Empirical Implications Of Theoretical Models In Political Science written by Jim Granato and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-13 with Political Science categories.
Provides a framework to demonstrate how to unify formal, theoretical and empirical analysis through various interdisciplinary examples.
Empirical Asset Pricing Models
DOWNLOAD
Author : Jau-Lian Jeng
language : en
Publisher: Springer
Release Date : 2018-03-19
Empirical Asset Pricing Models written by Jau-Lian Jeng and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-19 with Business & Economics categories.
This book analyzes the verification of empirical asset pricing models when returns of securities are projected onto a set of presumed (or observed) factors. Particular emphasis is placed on the verification of essential factors and features for asset returns through model search approaches, in which non-diversifiability and statistical inferences are considered. The discussion reemphasizes the necessity of maintaining a dichotomy between the nondiversifiable pricing kernels and the individual components of stock returns when empirical asset pricing models are of interest. In particular, the model search approach (with this dichotomy emphasized) for empirical model selection of asset pricing is applied to discover the pricing kernels of asset returns.
Models Of Risk Preferences
DOWNLOAD
Author : Glenn W. Harrison
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-10-23
Models Of Risk Preferences written by Glenn W. Harrison and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-23 with Business & Economics categories.
Models of Risk Preferences collects studies that critically review alternatives to Expected Utility Theory from the perspective of experimental economics.
Handbook Of Environmental Economics
DOWNLOAD
Author :
language : en
Publisher: Elsevier
Release Date : 2018-10-17
Handbook Of Environmental Economics written by and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-17 with Business & Economics categories.
Handbook in Environmental Economics, Volume 4, the latest in this ongoing series, highlights new advances in the field, with this new volume presenting timely chapters on Modeling Ecosystems and Economic Systems, Framing Sustainability Policy Questions: Who Leads – Ecology or Economics?, Valuing Natural Capital Within an Integrated Economic Ecological, Developing Economies, Urbanization, Climate Change and Health, Viewing Environmental Policy Instruments for Domestic and International Perspective, Quasi experimental Estimation of Environmental Policies, Environment Macro, The Rules for Formal and Informal Institutions in Managing Environmental Resources, and How Should Uncertainty Be Integrated into the Methods for Policy Evaluation? - Answers key policy questions facing environmental agencies in developed and developing economies - Integrates insights from economics and ecology as part of several key chapters - Presents the latest on efforts to review and evaluate the new literatures on field and quasi experiments in environmental economics - Provides the first substantive review of environmental macro economics
Executive Decision Synthesis
DOWNLOAD
Author : Victor Tang
language : en
Publisher: Springer
Release Date : 2018-09-03
Executive Decision Synthesis written by Victor Tang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-03 with Business & Economics categories.
This book provides a practice-driven, yet rigorous approach to executive management decision-making that performs well even under unpredictable conditions. It explains how executives can employ prescribed engineering design methods to arrive at robust outcomes even when faced with uncontrollable uncertainty. The book presents the paradigm and its main principles in Part I; in Part II it illustrates how to frame a decision situation and how to design the decision so that it will produce its intended behavior. In turn, Part III discusses in detail in situ case studies on executive management decisions. Lastly, Part IV summarizes the book and formulates the key lessons learned.