Microeconometric Modelling and Microeconomic Policy Analysis

Abstract

In recent years the empirical analysis of households with respect to expenditure patterns, labour-market behaviour and savings have increasingly been conducted using data on households. This is both a reflection of and is reflected in the increasing availability of such data, and the advent of more powerful computers and more accommodating software. It is also, I think, a consequence of the attraction of researching in an area where there is a close relationship between economic theory, model specification (both deterministic and stochastic) and estimation strategy.

I am grateful to Richard Blundell, Costas Meghir and Elizabeth Symons for allowing me to draw on our jointly authored work.