| Detailed information |
| Pre-requisites |
(*)KS Einführung in die Volkswirtschaftslehre KS Empirical Economics
ODER Zulassung zum Masterstudium Economic and Business Analytics
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| Original study plan |
Bachelor's programme Economics and Business 2020W 2020W |
| Objectives |
The aim of the intensifying course (IK) Intermediate Econometrics is to provide a deeper understanding of the concepts covered in the course (KS) Intermediate Econometrics. In the intensifying course, students apply econometric methods to real data in order to develop practical skills that are necessary to perform independent empirical research.
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| Subject |
Students will gain a deeper insight into multiple linear regression models and will learn how to apply these models to economic data.
- Multiple Linear Regression
- Model specification
- Binary variables
- Sources and consequences of endogeneity
- Basic regression analysis with time series data
- Basic regression analysis with panel data
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| Criteria for evaluation |
Grading is based on problem sets (30 points), and a presentation of a scientific paper (30 points).
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| Methods |
Before class, students have to solve problem sets consisting mainly of computer exercises. In class, each exercise is presented by a randomly chosen student using the statistical software package STATA. In the second part of the intensifying course, groups of students have to present and discuss scientific papers. The presentation may include a small replication exercise.
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| Language |
English and French |
| Study material |
Wooldridge, Jeffrey M. (2013): Introductory Econometrics: A Modern Approach, South-Western Cengage Learning, 5th edition (or 4th edition, 2008).
Optional:
- Adkins, L.C. & Hill, R.C. (2011): Using Stata for Principles of Econometrics, 4th edition, Wiley.
- Acock, A.C. (2014): A Gentle Introduction to Stata, 4th edition, Stata Press.
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| Changing subject? |
No |
| Further information |
The intensifying course is complementary to the course (KS) Intermediate Econometrics. Students have to attend the course in order to participate in the intensifying course. Students should be familiar with the statistical software package STATA. The intensifying course (IK) Empirical Economics provides a comprehensive introduction to STATA.
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