ECONOMETRICS II

Petr Zemčík, Office: 302, Office hours: just drop by

Phone: (+420) 224 005 154

E-mail: petr.zemcik@cerge-ei.cz

Web page: http://home.cerge-ei.cz/petrz

Teaching assistants: Oliya Aslanidi (olia.aslanidi@gmail.com) and Sherzod Tashpulatov

COURSE DESCRIPTION

This course is a sequel to Econometrics I and assumes basic understanding of regression analysis in both cross-sectional  and  time series contexts. The previously acquired knowledge of econometrics will be enhanced and applied to real-world problems. Each econometric method will be motivated by a particular issue facing researchers analyzing non-experimental data. The emphasis will be on understanding and interpreting assumptions in light of actual empirical applications.

REQUIRED TEXT

Jeffrey M. Wooldridge. Introductory Econometrics: A Modern Approach. 2^nd ed, Thomson/South-Western, 2003.  Power point slides

SUPPLEMENTARY TEXTS

Jeffrey M. Wooldridge. Econometric Analysis of Cross Section and Panel Data. Massachusetts Institute of Technology, 2002.
William H. Greene. Econometric Analysis. 5th edition, Prentice Hall, 2003.
Walter Enders. Applied Econometric Time Series.2nd edition, John Wiley & Sons.

GRADING

There will be homework assignments worth 40% of the grade, a midterm exam worth 30%, and a non-cumulative final exam also  worth 30%. The homework assignments will contain a mixture of computer exercises and theoretical problems. The description of the data used in the textbook can be found in the data manual. The textbook examples executed in Stata are here.

Homework Assignment #1 - the data needed is in HW1data.zip and the included files are JTRAIN.DES (data description), JTRAIN.raw (ascii file), JTRAIN.DTA (Stata format); KIELMC.DES (data description), KIELMC.raw  (ascii file), KIELMC.DTA (Stata format); due date is June 5 in class
Homework Assignment #2 - the needed data is in HW2data.rar; due date is June 14 in class

Midterm, June 21 - Overview

Homework Assignment #3- HW3data.rar, Maddala text, due date is July 3 in class, exercise session  in the room 8, July 13, 10:30-12:00
Homework Assignment #4- HW4data due date is in class on July 17 at 10:30, exercise session  in the room 320, July 13, 10:30-12:00

Final Exam - Overview, 10:30-12:00 on Wednesday July 18 (changed!!!), room 7, exercise session  in the room 7, July 25, 10:30-12:00, histogram from graded exams, results by questions & total:

	Q1	Q2	Q3	Q4	Exam Sum
Max	8	8	5.5	6	25.5
Min	2	2	0.5	0.5	9
Avg	7.26	5.84	2.24	3.18	18.29
St.dev	1.66	2.46	1.43	1.70	4.47

COURSE OUTLINE