1.

Record Nr.

UNINA9910484512003321

Autore

Dayal Vikram

Titolo

Quantitative Economics with R : A Data Science Approach / / by Vikram Dayal

Pubbl/distr/stampa

Singapore : , : Springer Singapore : , : Imprint : Springer, , 2020

ISBN

981-15-2035-6

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (XV, 326 p. 300 illus., 89 illus. in color.)

Disciplina

330.028563

Soggetti

Game theory

Economics

Statistics

Computer simulation

Sociology—Research

R (Computer program language)

Game Theory, Economics, Social and Behav. Sciences

Economic Theory/Quantitative Economics/Mathematical Methods

Statistics for Business, Management, Economics, Finance, Insurance

Simulation and Modeling

Research Methodology

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Ch 1 Introduction -- Ch 2 R and RStudio -- Ch 3 Getting data into R -- Ch 4 Wrangling and graphing data -- Ch 5 Functions -- Ch 6 Matrices -- Ch 7 Probability and statistical inference -- Ch 8 Causal inference -- Ch 9 Solow model and basic facts of growth -- Ch 10 Causal inference for growth -- Ch 11 Graphing and simulating basic time series -- Ch 12 Simple examples: forecasting and causal inference -- Ch 13 Generalized additive models -- Ch 14 Tree models.

Sommario/riassunto

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 bootstrapis 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 appliedeconomics and enjoy engaging with the material actively, while also equipping them with key data science skills.