Applied Econometrics II

Catalog description

This course is a continuation of Applied Econometrics I ( ECG 561 ). After a review of probability and statistics, and simple and multiple regression models, we explore the following topics: regression using panel (longitudinal) data, instrumental variables regression, regression with a binary dependent variable, prediction with many regressors and ``Big Data'' methods, and time series regression. The emphasis is on recognizing the conditions in which it is appropriate to apply the various techniques, formulating a relevant model, estimating the model and interpreting the results. This course will also provide the students practical experience in applied econometrics using STATA.