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Methods of Economic Research

Craftsmanship and Credibility in Applied Microeconomics

  • Darren Grant

Part of the Springer Texts in Business and Economics book series (STBE)

Table of contents

  1. Front Matter
    Pages i-xix
  2. Ways of Thinking

    1. Front Matter
      Pages 9-9
    2. Darren Grant
      Pages 11-23
    3. Darren Grant
      Pages 25-36
  3. Ways of Seeing

    1. Front Matter
      Pages 37-37
    2. Darren Grant
      Pages 39-52
    3. Darren Grant
      Pages 53-67
  4. Ways of Doing

    1. Front Matter
      Pages 69-69
    2. Darren Grant
      Pages 71-91
    3. Darren Grant
      Pages 93-107
    4. Darren Grant
      Pages 109-131
  5. Ways of Knowing

    1. Front Matter
      Pages 133-133
    2. Darren Grant
      Pages 135-153
    3. Darren Grant
      Pages 155-169
    4. Darren Grant
      Pages 171-185
  6. Back Matter
    Pages 187-203

About this book

Introduction

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.

Keywords

craftsmanship research applied econometrics empirical economic research microeconomics modelling data

Authors and affiliations

  • Darren Grant
    • 1
  1. 1.Sam Houston State UniversityHuntsvilleUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-030-01734-7
  • Copyright Information Springer Nature Switzerland AG 2018
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-030-01733-0
  • Online ISBN 978-3-030-01734-7
  • Series Print ISSN 2192-4333
  • Series Online ISSN 2192-4341
  • Buy this book on publisher's site
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