'The book offers a great set of statistical and econometric methods useful not only in microeconometrics but in many other fields where the statistical modeling is needed. At the same time, it is a great source of the R programming, particularly, in data simulation and solving complex problems. The whole volume is saturated with R scripts, examples of the language application to numerous aims, and each chapter suggests multiple links to the internet websites related to the topics under consideration. Bibliography of more than eighty sources is also supplied. The book presents an incredibly useful source of information on the modern statistical techniques and their implementations to solving various real-life problems, that makes it very helpful to students and researchers in their projects.'- Stan Lipovetsky, Technometrics, Vol. 63, Issue 3, August 2021