EC 670

Econometrics

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Professor Junsoo Lee

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Syllabus

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DATA SETS and CODES for textbook examples

Greene's Official Site (data sets, limdep examples..)  |

Greene Data sets via Baum

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Wooldridge Data sets via Baum | Sources of the data sets | Datasets from the STATA site

STATA procedures (Wooldridge) | RATS procedures for Wooldridge data sets

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Verbeek site

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STATA RESOURCES

Use of STATA in Textbooks

Stata class notes with movie! (UCLA)

J & J Note

Resources for learning STATA

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DATA / PANEL DATA

RFE (Resources for Economists) DATA LINKS

PSID (Panel study of income dynamics)

NLS (National Longitudinal Survey of Youth 1997 (NLSY97)

Start here

author list

title list

source list

keyword search

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Econometrics Handbook  (Volume 1 - 4 free pdf files, 5 - 6)

Three tests (undergraduate/MA econometrics): Exam 1, Exam 2, Exam 3

Greene textbook, Typos  | His book link

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STATA Help

Help

 

OUTLINE

 

Part IBasics of Regression Analysis

 

1.      Overview: Carrying Out An Empirical Project

Read: Ch 19 (W1); Ch 1 (G)

 

Lecture 1

 

Example papers:  LABAND.pdf, Hunter_Walker_J_Real_Estate_1996.pdf, Levine_trainor_Zimmerman_JHE_1996.pdf

 

Data files for h/w:  discrim.raw discrim.des discrim.xls discrim1.xls discrim.dta

 

STATA stata_basic.doc stata.pdf

 

2.      Algebra of Regression Analysis

Read: Ch 2, 3, 4 (G); Ch 2, 3, 5 (W1)

 

Lecture 2

CLT.PRG  (gauss code for CLT)

Converge.g (gauss code for convergence results)

 

3.      Inference, Functional Forms, Specification and Prediction

Read: Ch 5, 6, 7 (G); Ch 4, 6, 7, 9 (W1)

 

Lecture 3

 

4.      Additional Issues: Autocorrelation, Heteroskedasticity, and Multicollinearity

Read: Ch 8, 4.8, 19 (G); Ch 8, 12 (W1)

 

Lecture 4

 

Part II.  Endogeneity, IV and System of Equations

 

5.      Simultaneity and IV Estimation

Read: Ch 12, 13 (G); Ch 15 (W1)

 

Lecture 5

 

6.      System of Equations

Read: Ch 10, 13 (G); Ch 16 (W1)

 

Lecture 6

 

Part III.  General Estimation Methods

 

7.      Generalized Method of Moments (GMM) and Minimum Distance Estimation

Read: Ch 15 (G)

 

Lecture 7

 

8.      Maximum Likelihood Estimation (MLE) and QMLE

Read: Ch 16 (G)

 

Lecture 8

 

9.      Nonlinear Least Squares Estimation

Read: Ch 11 (G)

 

Lecture 9

 

10.  Semi-parametric and Non-parametric Estimation

Read: Ch 14 (G)

 

Lecture 10

 

 

Skip:  Ch 9, 17, 18, 20, 25 (G)

         Ch10, 11, 13, 14, 17, 18 (W1)