230347 :Advanced Microeconometrics (CentER)

Algemeen

Voertaal Engels
Werkvorm: Lectures in six weeks and computer class in two selected weeks (Geen informatie over collegetijden bekend)
Tentamenvorm: Empirical assignment (20%) Exam (80%) (Tentamenrooster)
Niveau:Master
Studielast:3 ECTS credits
Inschrijving:via Blackboard
Blackboard informatieLink to Blackboard (Als u de melding 'Guest are not allowed in this course' krijgt, dient u nog bij Blackboard in te loggen)

Docent(en)


prof. dr. A.H.O. van Soest (Coordinator)


Doel van de cursus (alleen in het Engels beschikbaar)

The aim of the course is to give an overview of micro-econometric models used to analyze panel data. Building on the standard linear and non-linear models that have been discussed in previous courses, the focus will be on dynamic models with fixed or quasi-fixed effects and dynamic models for discrete or censored dependent variables. Students will learn the main econometric models and techniques for estimation, testing and model selection, with an emphasis on how to use these models in applied work.


Inhoud van de cursus (alleen in het Engels beschikbaar)

To analyze the economic decisions of individuals, households or firms and their consequences, empirical researchers make more and more use of micro-economic panel data, in which decisions of many economic agents are observed several times. This course presents theory and applications of panel data models used in micro-econometric applications. Models and estimation techniques will be discussed, with examples of applied studies in several fields (like labour, health, development, environmental economics). In addition, students will learn how to apply some of these models themselves by doing "hands on" exercises using STATA.
Topics:
  • Static and dynamic linear panel data models with random, fixed or quasi-fixed effects
  • Static and dynamic discrete choice models with random, fixed or quasi-fixed effects
  • Static and dynamic censored regression models with random, fixed or quasi-fixed effects


Bijzonderheden (alleen in het Engels beschikbaar)

Before enrolling all non-CentER students should ask permission to the Director of Graduate Studies in Economics. Please send your request for permission to CentER Graduate School at center-gs@uvt.nl.


Aanbevolen literatuur

  1. A.C. Cameron and P.K. Trivedi, Microeconometrics: Methods and Applications, Cambridge University press, 2005.
  2. M.J. Lee, Panel Data Econometrics: Methods-of-moments and Limited Dependent Variables, Academic Press, 2000.
  3. J.W. Wooldridge, Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge MA, 2002.
  4. M. Arellano and B. Honoré, ), Panel data models: some recent developments, in J. Heckman and E. Leamer (eds.), Handbook of Econometrics Volume 5, North-Holland, 3229-3296..
  5. Selected journal articles.


Vereiste voorkennis

A solid background in econometrics, such as Econometrics 1, 2 and 3 in the CentER Research Master Economics year 1 program


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(25-aug-2017)