Quantitative Economics With R

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Quantitative Economics with R

Quantitative Economics with R
Author :
Publisher : Springer Nature
Total Pages : 323
Release :
ISBN-10 : 9789811520358
ISBN-13 : 9811520356
Rating : 4/5 (356 Downloads)

Book Synopsis Quantitative Economics with R by : Vikram Dayal

Download or read book Quantitative Economics with R written by Vikram Dayal and published by Springer Nature. This book was released on 2020-02-03 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a contemporary treatment of quantitative economics, with a focus on data science. The book introduces the reader to R and RStudio, and uses expert Hadley Wickham’s tidyverse package for different parts of the data analysis workflow. After a gentle introduction to R code, the reader’s R skills are gradually honed, with the help of “your turn” exercises. At the heart of data science is data, and the book equips the reader to import and wrangle data, (including network data). Very early on, the reader will begin using the popular ggplot2 package for visualizing data, even making basic maps. The use of R in understanding functions, simulating difference equations, and carrying out matrix operations is also covered. The book uses Monte Carlo simulation to understand probability and statistical inference, and the bootstrap is introduced. Causal inference is illuminated using simulation, data graphs, and R code for applications with real economic examples, covering experiments, matching, regression discontinuity, difference-in-difference, and instrumental variables. The interplay of growth related data and models is presented, before the book introduces the reader to time series data analysis with graphs, simulation, and examples. Lastly, two computationally intensive methods—generalized additive models and random forests (an important and versatile machine learning method)—are introduced intuitively with applications. The book will be of great interest to economists—students, teachers, and researchers alike—who want to learn R. It will help economics students gain an intuitive appreciation of applied economics and enjoy engaging with the material actively, while also equipping them with key data science skills.


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