Applied Econometrics

Course Code :2128TEWECP
Study domain:Research Methodology
Academic year:2020-2021
Semester:1st semester
Contact hours:60
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 1st semester
Lecturer(s)Sunčica Vujić
Sofie Cabus

3. Course contents *

This course aims at applying modern microeconometric methods in econometric software (STATA). Students taking this course can deepen their knowledge in applying microeconometric models in practice, such that they can:

  • apply these tools to modelling, estimation, inference and forecasting in the context of real-world economic problems;
  • critically evaluate policy-oriented and scientific work using standard econometric tools;
  • establish a foundation for further study of more advanced econometric methods.

The course is not theorem-proof driven, but emphasises motivation, understanding, implementation and interpretation.

The course introduces the following cross-sectional and panel data topics, with an emphasis on examples and practical implementation:

  • Introduction – Carrying out an empirical project
  • Dummy variables – their use and interpretation
  • Instrumental variables (IV) estimator
  • Simultaneous equations models
  • Binary outcome models
  • Multinomial models
  • Limited dependent variable models (censored regression and selection models)
  • Program evaluation methods (DID, RDD)
  • Panel data estimators

One of the following topics will also be on offer (TBD):

  • Quantile regression
  • Dynamic panel data estimators
  • Matching methods