Microeconometrics Using Stata

by A. Colin Cameron, Pravin K. Trivedi

An outstanding introduction to microeconometrics and how to do microeconometric research using Stata, this book covers topics often left out of microeconometrics textbooks and omitted from basic introductions to Stata. Cameron and Trivedi provide the most complete and up-to-date survey of microeconometric methods available in Stata. They begin by introducing simulation methods and then use them to illustrate features of the estimators and tests described in the rest of the book. They address each topic with an in-depth Stata example and demonstrate how to use Stata’s programming features to implement methods for which Stata does not have a specific command.

Genres: Economics, Textbooks, Reference

692 pages, Paperback

First published December 17, 2008

Reviews

[Nathan · Rating 4 out of 5]

I always worried that this was more of a beefed-up STATA manual than an actual econometrics book. However, my impression changed after using this for a course--both the students and the professor realized this motivated concepts much better than the pure theoretical book we were also using. Bottom line: this book is quite impressive for both the practitioner and student. It can function as an intuitive cookbook for econometric programming, as well as a course-wide treatment of microeconometric concepts.

Importantly, the book emphasizes a highly pedagogical approach to learning microeconometrics: simulating a data generating process and "seeing the results" take shape. It's a fantastic way for motivating a deeper understanding of core issues, say OLS and MLE, as well as more advanced concepts, like Monte Carlo integration and bootstrapping issues.

[Alexia Gaudeul · Rating 4 out of 5]

Such microeconometrics books that mix both theory and practical use are what really made me understand, at my humble level, a little bit of how econometric analysis works. For me at least, it was the best way to learn the topic, quite far away from complicated theoretical considerations such as those in Greene's "Econometric Analysis" (though I see it has improved with more practical considerations).

[Bill Zhou · Rating 4 out of 5]

This book contributes much more than Stata user manual. Theoretical explanations, combing with practical examples, lead this book exceptional. If you are Stata-dependent user, this book will teach you from A to Z by using Stata.

[Bill Zhou · Rating 5 out of 5]

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