Escolar Documentos
Profissional Documentos
Cultura Documentos
Jin-Tan Liu
Department of Economics,
National Taiwan University and NBER
Email liujt@ntu.edu.tw
Telephone 02-23519641 ext. 520
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Introduction
Kennedy, Peter (2003), Chapter 21: Applied Econometrics,
A Guide to Econometrics, Blackwell Publishing.
Introduction
1. Economic Theory, Interesting Topics:
Wooldridge, Jeffrey M. (2003), Introductory Econometrics:
A Modern Approach, South-Western. Chapter 19, Carrying
out an Empirical Project.
Policy Evaluation: Natural Experiment
NBER web site: www.nber.org
Taiwan Study:
1968 Taiwan 9-years education extension program
1995 Taiwan National Health Insurance
Happiness Research in Economics
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Topics
Introduction
2. Data:
Econometrics is much easier without data. (Verbeek,
2000)
Introduction
2. Data:
Griliches, Zvi (1986), Economic Data Issues, Handbook
of Econometrics, Volume III, Elsevier Science Publishers.
Introduction
2. Data:
Hamermesh, Daniel S. (1999), LEEping into the future of
Labor Economics: the Research Potential of Linking
Employer and Employee Data, Labor Economics, 6, 25-41.
Why bother with linking employer-employee data?
New directions for research and policy.
Introduction
3. Econometric Method:
the current disconnect between economics and
econometrics in the past two decades, the gap between
econometric theory and empirical practice has grown,
command of statistical methods is only a part and
sometimes a very small part of what is required to do firstclass empirical work, (Heckman, 2001).
Introduction
3. Econometric Method:
Hamermesh, Daniel S. (1999), The Art of Labormetrics,
NBER working paper 6927.
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Do not try to model without understanding the nonstatistical aspects of the real-life system you are trying to
subject to statistical analysis. (Belsley and Welch, 1988).
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Think first why you are doing before attacking the problem
with all the technical arsenal you have and churning out a
paper that may be mathematically imposing but of limited
practical use. (Maddala, 1999).
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