The course covers the following topics:
- The linear regression model based on a firm theoretical basis and using rigorous notation.
- Endogeneity and instrumental variables estimation;
- The generalized regression model and heteroscedasticity,
- Basics of maximum likelihood estimation.
STATA® is used for applied econometric work.
The students deepen their knowledge of linear and non-linear estimation techniques as well as their knowledge of hypotheses testing. Furthermore, students learn how to apply their methodical knowledge to empirical work and how to interpret estimation results using the software STATA®.
The exam grade can be improved by an indepentend empirical group work. Student assistents provide support on the empirical group work each week in the PC room.
The course is thaught every winter semester.
For information regarding the current semester, please follow the link to the StudOn page