Statistical Methods and Econometric Applications – SS 2018

Lecturer: Prof. Dr.Thorsten Schank
ID Number: 3210 (Lecture), 3215 (Tutorial)
Contact Time: 2 SWS lecture and 2 SWS tutorial
Credits: 6 ECTS for Master students
Time/Place: Tue, 10:15 – 11:45, HS III / PC-Pool 00-265
Wed, 16:15 – 17:45, HS III / PC-Pool 00-265

Please note that the course starts with two additional sessions of Stata introductory tutorials held by Dr. Constantin Weiser. Since the tutorials throughout the course are based on Stata, it is essential that students actively take part in these Stata introductory tutorials.

Monday, 23rd April: 10:00 - 12:00 RW 4
Monday, 30th April: 18:00 - 20:00 N6 (Natfak)

Students are obliged to submit a take-home with Stata questions between the two sessions. To assist you we provide an open consultation on April 24th and on 25th. On both days consultations will take place from 10:00-12:00 and from 13:00-16:00 in the PC-Pool 00-275. More detailed information will be made available via ILIAS and in the first session.

On Wednesday, 2nd May, we start with the regular sessions. The sessions alternate between lectures in HS III and solving problem-sets in the PC-Pool. The first session takes place in HS III. Students will be informed beforehand when we meet in the PC-Pool.

Language: English
Grade: Written exam

 

Syllabus

This course aims to provide the participants with a profound understanding of econometric methods and tools with a particular focus on applied econometrics. We will follow a two-pillar concept by combining methodological lectures with empirical examples in the computer lab, using the software tool Stata. We will begin by reviewing some basic principles of econometrics and move on to the linear regression methodology, panel data sets and specification issues.

Agenda

Part 1: Principles of Econometrics
Part 2: Linear Regression
Part 3: Panel Data
Part 4: Specification Issues

Literature

Wooldridge (2013), Introductory econometrics.
Stock and Watson (2011), Introduction to econometrics.
Kohler and Kreuter (2012), Data Analysis Using Stata.

Further Readings

Wooldridge (2010), Econometric analysis of cross section and panel data.
Greene (2011), Econometric Analysis.

Download Area

Class material and handouts will be downloadable from the e-learning platform ILIAS.