Ec 970

Microeconometrics

econometrics
Ragnar Frish (1969 Nobel)

gives empirical content to

economic theory

James Heckman

Daniel McFadden

2000

James Heckman
for his development of theory
and methods for analyzing
selective samples

Daniel McFadden
for his development of theory
and methods for analyzing
discrete choice

James Heckman

(self-)selection
heterogeneity
Heckman correction

labor economics
Civil Rights Act

early childhood education

cognitive and non-cognitive skills

Daniel McFadden

discrete choice
BART

random utility models

hedonic attributes

(binary) probit / logit

multinominal logit
conditional logit