offers the most statistical instruments of econometrics, focusing in particular on glossy econometric technique. The authors unify the procedure through the use of a small variety of estimation suggestions, mostly generalized approach to moments (GMM) estimation and kernel smoothing. the alternative of GMM is defined by means of its relevance in structural econometrics and its preeminent place in econometrics total. cut up into 4 elements, half I explains normal tools. half II reports statistical types which are most fitted for microeconomic info. half III bargains with dynamic versions which are designed for macroeconomic and fiscal purposes. partly IV the authors synthesize a collection of difficulties which are particular to statistical equipment in structural econometrics, particularly id and over-identification, simultaneity, and unobservability. Many theoretical examples illustrate the dialogue and will be handled as software workouts. Nobel Laureate James A. Heckman deals a foreword to the work.