Econometrics with Simulations#
Ricardo Pasquini
Universidad Austral
Econometrics, as a discipline that combines economic theory, statistics, and mathematics, can be challenging. Abstract concepts and mathematical proofs, although fundamental, sometimes hinder the intuitive understanding of econometric principles. This book is born from the conviction that a good way to understand econometrics is by experimenting with it.
Through interactive simulations, this book allows you to visualize and experiment with econometric concepts in real-time. The proposal consists of modifying parameters and assumptions, observing how results change to develop a deeper and practical understanding of econometric methods. Each chapter includes simulations that allow you to “play” with the concepts, making learning more dynamic and memorable. The book is designed as a resource for both students and practicing professionals. We aim for it to be useful as a complement for students, but also as a reference tool for those designing analysis strategies and experiments, allowing them to make informed decisions about different methodological aspects, such as sample size or the inclusion of variables.
Note on this Beta Version#
This document is a beta version of “Econometrics with Simulations”. The linked chapters and dashboards are available as a preview and demonstrate the interactive approach we seek in this project. The content is under active development, with regular updates. We invite readers to explore the available simulations and follow the project’s progress.
For the full planned index of the book, including chapters and simulations under development, see the Planned Book Index.
Acknowledgements#
A wonderful group of assistants and collaborators have contributed to this project: Francisco Sesto, Octavio Santalucía, Benjamin del Pino, and Juan Witstatt.