Deze cursusinformatie geeft aan hoe het onderwijs zal verlopen bij pandemieniveau code geel en groen.
Als er tijdens het academiejaar aangepast wordt naar code oranje of rood, zijn er wijzigingen mogelijk o.a. in de gebruikte werk - en evaluatievormen.

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.

Selected topics in cross-sectional and panel data

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; Assumption of the LR model; Main takeaways from Intro to Econometrics
  • Dummy variables – their use and interpretation
  • Instrumental variables (IV) estimator

  • 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:

  • Quantile regression
  • Dynamic panel data estimators
  • Matching methods
  • Synthetic control methods (2020/2021)

Francqui chair series of lectures

In 2020/2021, the applied econometrics course will also host the lectures of the Francqui chair, taught by professor Siem Jan Koopman. The lecture series will cover the following topics:

  • Introduction to TS analysis (taught by prof. Vujić)
  • Francqui lecture 1: Macroeconomic forecasting (taught by prof. Koopman)
  • Francqui lecture 2: Stochastic Volatility Modelling (taught by prof. Koopman)
  • Francqui lecture 3: Dynamic Factor Models (taught by prof. Koopman)

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