Methods of Economic Research
Craftsmanship and Credibility in Applied Microeconomics
Authors: Grant, Darren
Free Preview- Presents a basic framework for thinking about craftsmanship in microeconomic research
- Reinforces the connection between theory and econometric models
- Provides instruction on how to organize analysis and empirical results into a cohesive, persuasive, and satisfying narrative
- Presents a unified and thorough discussion of techniques for blending research elements together to maximize the credibility and impact of resultant findings
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- About this Textbook
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This textbook articulates the elements of good craftsmanship in applied microeconomic research and demonstrates its effectiveness with multiple examples from economic literature. Empirical economic research is a combination of several elements: theory, econometric modelling, institutional analysis, data handling, estimation, inference, and interpretation. A large body of work demonstrates how to do many of these things correctly, but to date, there is no central resource available which articulates the essential principles involved and ties them together. In showing how these research elements can be best blended to maximize the credibility and impact of the findings that result, this book presents a basic framework for thinking about craftsmanship. This framework lays out the proper context within which the researcher should view the analysis, involving institutional factors, complementary policy instruments, and competing hypotheses that can influence or explain the phenomena being studied. It also emphasizes the interconnectedness of theory, econometric modeling, data, estimation, inference, and interpretation, arguing that good craftsmanship requires strong links between each. Once the framework has been set, the book devotes a chapter to each element of the analysis, providing robust instruction for each case. Assuming a working knowledge of econometrics, this text is aimed at graduate students and early-career academic researchers as well as empirical economists looking to improve their technique.
- About the authors
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Darren Grant has worked as a Navy contractor, a health management program administrator, a high school teacher and coach, and an economics professor, in various towns and cities across the South. He has published applied research in leading field journals in policy analysis, health economics, the economics of education, industrial organization, public choice, behavioral economics, and labor economics, using models that run the gamut of those found in the profession: parametric and nonparametric, linear and nonlinear, reduced form and structural, and everything in-between. Much of what he has learned about doing economic research he has learned the hard way.
- Table of contents (11 chapters)
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Craftsmanship and Credibility in Economic Research
Pages 1-7
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Systems
Pages 11-23
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Scale
Pages 25-36
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Vernacular Knowledge
Pages 39-52
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Data
Pages 53-67
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Table of contents (11 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Methods of Economic Research
- Book Subtitle
- Craftsmanship and Credibility in Applied Microeconomics
- Authors
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- Darren Grant
- Series Title
- Springer Texts in Business and Economics
- Copyright
- 2018
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer Nature Switzerland AG
- eBook ISBN
- 978-3-030-01734-7
- DOI
- 10.1007/978-3-030-01734-7
- Hardcover ISBN
- 978-3-030-01733-0
- Series ISSN
- 2192-4333
- Edition Number
- 1
- Number of Pages
- XIX, 203
- Number of Illustrations
- 11 b/w illustrations, 10 illustrations in colour
- Topics
