Universität Wien
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040256 UK Panel Data Econometrics (MA) (2021S)

Track in Data Analysis

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
REMOTE

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes

Hybrid course (presence and on-line)


Information

Aims, contents and method of the course

Participants will be familiar with the econometric methods used for economic panel data.
The following topics are covered:
1. Models for panel data (fixed and random effects, one-way and two-way, estimation)
2. Tests (poolability, Hausman test, autocorrelation, heteroskedasticity)
3. Dynamic panels (Nickell bias, instrumental variable estimation, generalized method of moments)
4. Panel tests for unit root, cointegration in panels
The application of econometric methods is explained using the software Stata. Slides are made accessible to participants.

Assessment and permitted materials

- two written tests (30% each)
- empirical project (40%)
The empirical project consists of writing a short paper, presenting own results and discussing the results of fellow students. Dropping the course without a grade is possible before the test. Passing the course requires both at least 50% of the maximum achievable points and attendance at the first written test. Dates for test and presentations are convened in class.

Minimum requirements and assessment criteria

50% of the maximum achievable score, participation in the first test

Examination topics

Models for panel data (fixed and random effects, one-way and two-way, estimation)
Tests (poolability, Hausman test, autocorrelation, heteroskedasticity)
Dynamic panels (Nickell bias, instrumental variable estimation, generalized method of moments)
Panel tests for unit root, panel cointegration

Reading list

Baltagi, B. : Econometric Analysis of Panel Data
Hsiao, C.: Analysis of Panel Data

Association in the course directory

Last modified: Mo 03.05.2021 11:07