Microeconometrics Using Stata: Revised Edition

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Description

A complete and up-to-date survey of microeconometric methods to be had in Stata, Microeconometrics The use of Stata, Revised Edition is a phenomenal introduction to microeconometrics and how to execute microeconometric research The use of Stata. It covers topics left out of most microeconometrics textbooks and omitted from basic introductions to Stata.

This revised edition has been up to date to reflect the new features to be had in Stata 11 that are useful to microeconomists. As a substitute of The use of mfx and the user-written margeff commands, the authors employ the new margins command, emphasizing both marginal effects at the means and average marginal effects. They also replace the xi command with factor variables, which let you specify indicator variables and interaction effects. At the side of several new examples, this edition presents the new gmm command for generalized method of moments and nonlinear instrumental-variables estimation. In addition, the chapter on maximum likelihood estimation accommodates enhancements made to ml in Stata 11.

Throughout the book, the authors use simulation methods to illustrate features of the estimators and tests described and provide an in-depth Stata example for each and every topic discussed. They also show how to use Stata’s programming features to implement methods for which Stata does not have a specific command. The unique combination of topics, intuitive introductions to methods, and detailed illustrations of Stata examples make this book an invaluable, hands-on addition to the library of any individual who uses microeconometric methods.



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