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| Semester | fall semester 2015 |
| Course frequency | Every fall sem. |
| Lecturers | Kurt Schmidheiny (kurt.schmidheiny@unibas.ch, Assessor) |
| Content | Outline: 1. Generalized Method of Moments 2. Basic Panel Data Models: FGLS estimation, robust standard errors, RE vs. FE model under Heteroskedasticity 3. Dymamic Panel Data Models: Anderson-Hsiao, Arrelano-Bond, system GMM |
| Learning objectives | This course discusses advanced tools for the econometric analysiss of cross-section and panel data. Each of the tools will be implemented using standard statistical software (Stata or R) and real world data. Students will learn how to choose the adequate statistical method, discuss its identifying assumptions, correctly interpret its results and to translate them into economically meaningful answers. |
| Bibliography | Readings: - Cameron, A. Colin and Pravin K. Trivedi (2005), Microeconometrics: Methods and Applications, Cambridge University Press - Wooldridge, Jeffrey M. (2002), Econometric Analysis of Cross Section and Panel Data, MIT Press. - Angrist J. D. and J.-S. Pischke, 2009, Mostly Harmless Econometrics, An Empiricist´s Companion, Princeton University Press. |
| Weblink | Weblink |
| Admission requirements | Prerequisites: 12036 Advanced Econometrics |
| Course application | Registration: Please enrol in MOnA. EUCOR-Students have to enrol at the students administration office (studsek@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Course auditors welcome |
| Interval | Weekday | Time | Room |
|---|
No dates available. Please contact the lecturer.
| Modules |
Spezialisierungsmodul: Areas of Specialization in International and/or Monetary Economics (Master International and Monetary Economics) Statistics and Computational Science Module (Master Actuarial Science) Vertiefungsmodul Quantitative Methods (Master Business and Economics) |
| Assessment format | end-of-semester examination |
| Assessment details | Final Exam (100%) Date of Final Exam: 16.12.15,16:15 -18:00. WWZ S14: A-Z. You can still withdraw from the examination by submitting a completed, signed form to our office from 13.10.15 until 23.10.15 / 12:00 o’clock. Withdrawals sent by email will not be accepted. You will find the examination withdrawal form on the Homepage of the Student Dean’s Office. Prior to 12.10.15, please only use MONA for withdrawing. The exam rooms will be published up to 03.12.15. |
| Assessment registration/deregistration | Registration: course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |