Uses of Directed Graphs and Model Selection - Softcover

Vera, Fernando

 
9783330346253: Uses of Directed Graphs and Model Selection

Inhaltsangabe

This book deals with the problem of model selection in econometrics, using Directed Acyclic Graphs. We demonstrate that DAGs are usefull on proxy variables, causal structures and instrumental variables. Using Monte Carlo simulation we demonstrate that the common use on proxy variables on must econometric books is biased. The DAG methodology is more efficiente to find causality among variales, we also use an specific software for this task.

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Reseña del editor

This book deals with the problem of model selection in econometrics, using Directed Acyclic Graphs. We demonstrate that DAGs are usefull on proxy variables, causal structures and instrumental variables. Using Monte Carlo simulation we demonstrate that the common use on proxy variables on must econometric books is biased. The DAG methodology is more efficiente to find causality among variales, we also use an specific software for this task.

Biografía del autor

Dr. Vera is graduated from Texas A&M University. He has been a consultant for United Nations, and he has been in diferent positionts at the mexican goverment. Dr. Vera is a professor at Tecnologico de Monterrey in Mexico.

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