Basic Econometrics Jan - May 2011 Economics 205 bpt
The lecture links under the "Readings" column are Microsoft PowerPoint presentations. The best bet is probably to right-click on a link, choose "Save Target As" and download the file to your own computer or disk space.
|
Week |
Date |
Topics |
Readings |
Assignment Due Dates |
|
UNIT 1: Estimation of and Inference in Simple and Multiple Linear Regressions |
||||
|
1
|
M Jan 10 |
Economic questions and data Review of Probability |
SW 1, 2, and 3 including the Appendices |
|
|
W Jan 12 |
Review of Statistics |
|
||
| F Jan 14 |
Review of Statistics |
|
||
|
2
|
M Jan 17 |
no class ... MLK, Jr. holiday |
GH 1: page 60, 2.10 (a), 2.11 (a), 2.12 (b) ...
page 61, 2.18 ... page 62, 2.22, 2.23 ... |
|
|
W Jan 19 |
Linear regression with 1 regressor |
|
||
|
F Jan 21 |
Inference in simple regression |
|
Krueger & Whitmore (2001), "The Effect of Attending Small Class in Early Grades on College Test-Taking: Evidence from Project STAR," Economic Journal (111, January) |
|
|
3 |
M Jan 24 |
Multiple regression |
GH 2: page 101, 3.11, 3.12 ... page 137, 4.3 |
|
|
W Jan 26 |
Multiple regression |
|
||
|
F Jan 28 |
Papers & Problems |
Ziliak & McCloskey(2004), "Size Matters: the standard error of regressions in yhe American Economic Review," Journal of Socio-Economics (33) | ||
|
4 |
||||
|
M Jan 31 |
Hypothesis Tests and CIs |
GH 3: 5.15, 6.5, 6.6 and click here |
||
| W Feb 2 |
|
|||
|
F Feb 4 |
Inference in multiple regression Papers & Problems |
Gelman and Stern (2006), "The Difference between Significant and Not Significant is Not Itself Statistically Significant," American Statistician, 60 (4) Initial Proposal due 4 p.m. via email |
||
|
UNIT 2: Functional forms, Panel data, Limited Dependent Variable models |
||||
|
5 |
M Feb 7 |
Functional forms |
Application: Berg Dale & Krueger (QJE, 2002), "Payoff to Attending a More Selective College" |
|
|
W Feb 9 |
Functional forms |
|
||
|
F Feb 11 |
Papers & Problems |
Unit 1 Review due in class |
||
|
6
|
M Feb 14 |
|
||
|
W Feb 16 |
GH 4: 7.8 (a & b), 7.9, 8.6, and 8.9 Application: Washington (AER, 2008), "How Daughters Affect Their Legilslator Fathers' Voting" |
|||
|
F Feb 18 |
Critical assessment of
regressions |
|
||
|
7 |
M Feb 21 |
|
||
|
W Feb 23 |
Panel data methods |
|
||
|
F Feb 25 |
Papers & Problems |
|
||
|
8
|
M Feb 28 |
no class ... spring break |
|
|
|
W March 2 |
no class ... spring break |
|
|
|
| F March 4 |
no lab ... spring break |
|
|
|
|
9
|
M March 7 |
|||
W March 9 |
GH 5: 9.2, 9.4, 9.5 |
|||
| F March 11 | Papers & Problems | Application: Acemoglu, et al. (AER, 2008), "Income and Democracy" |
||
|
UNIT 3: Instrumental Variables and Time Series regression |
||||
|
10
|
M March 14 | Binary dependent variables: LPM, Logit and probit models |
||
|
W March 16 |
MLE estimation |
Application: Arcidiacono & Vigdor (Economic Inquiry, 2010), "Does the River Spill Over? Estimating the Economic Returns to Attending a Racially Diverse College." |
||
|
F March 18 |
Papers & Problems |
|
Unit 2 handed out old exam 2's #1 vote1 attend #2 #3 seatbelts pdf |
|
|
11
|
M March 21 |
Instrumental Variables (IV) | Angrist and Krueger (2001), “Instrumental Variables and the Search for Identification,” JEP, Fall |
|
|
W March 23 |
IV estimation |
Murray (2006), “Avoiding Invalid Instruments and Coping with Weak Instruments,” JEP, Fall |
||
|
F March 25 |
Papers & Problems |
|
Unit 2 Review due in class |
|
|
12
|
M March 28 |
IV estimation |
||
|
W March 30 |
IV estimation |
|||
|
F April 1 |
Papers & Problems |
|
Application: Hoxby (AER, 2000), "Does Competition Among Public Schools Benefit Studentsand Taxpayers?" Application: Angrist and Evans (AER, 1998), "Children and Their Parents' Labor Supply: Evidence from Exogenous Variation in Family Size" |
|
|
13
|
M April 4 |
IV estimation |
|
|
|
W April 6 |
Stationarity, Trends, Structural breaks |
|
||
|
F April 8 |
Problems |
|
GH 7: 11.1, 11.3, 11.4, 11.10, 12.4, 12.5 |
|
|
14
|
M April 11 |
Stationarity, Trends, Structural breaks |
||
|
W April 13 |
Stationarity, Trends, Structural breaks |
|
||
|
F April 15 |
Papers & Problems |
Application: Berger and Spoerer (J Econ History, 2001), "Economic Crises and the European Revolutions of 1848" |
||
|
UNIT 4: Quantile regression, Nonparametric estimation, Monte carlo and bootstrap |
||||
|
15
|
M April 18 |
Dynamic effects and exogeneity |
||
|
W April 20 |
Dynamic effects and exogeneity |
|||
|
F April 22 |
Papers & Problems |
|
||
|
16
|
M April 25 |
no class ... Easter break |
|
|
|
W April 27 |
Oral Presentations |
|
||
|
F April 29 |
Oral Presentations |
|
|
|
|
|
M May 2 |
Oral Presentations |
||
| W May 4 | ||||
| Th May 5 | Reading day | Regression Analysis Paper due 4:00 p.m. | ||
| F May 6 | Units 3 & 4 Review handed out |
|||
| W May 11 | Last day of exams | Units 3 & 4 Review due, 5:15 p.m. | ||
