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| Detailed information |
| Original study plan |
Master's programme Economics 2018W |
| Objectives |
The course's goal is to provide students with an understanding of advanced econometric models and to enable them to deal with empircal work in a critical manner. The methods taught will provide students with a clear idea on how to undertake their own empirical projects (e.g., Master's thesis) and on how to critically assess empirical research. The course examines econometric models and discusses in detail specification, identification, and estimation techniques.
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| Subject |
Instrumental Variables (IV), Two Stage Least Squares (2SLS) estimation, Simultaneous Equations Models (SEM), Panel Data
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| Criteria for evaluation |
two exams, problem sets, class participation
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| Methods |
Presentation
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| Language |
English |
| Study material |
Wooldridge, Jeffrey M. (2003, 2006 or 2009), Introductory Econometrics: A Modern Approach, 4th Edition, South Western College Publishing, Mason (Ohio).
Selected articles from scientific journals (see course's webpage).
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| Changing subject? |
No |
| Further information |
The Department of Economics recommends to take the Microeconometrics and the Macroeconometrics courses after both Econometrics II courses. Further information: http://www.econ.jku.at/2382/ .
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| Corresponding lecture |
(*)2VTMOEKK2: KS Econometrics II (4 ECTS); 971MECOECOK17: KS Econometrics II (4 ECTS)
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