Applied Microeconometrics

Instructor: 
Time I: 
Tuesday,
03:00pm to 06:00pm
Venue I: 
FU Berlin, Dahlem, Garystr. 21, Room 106
Description: 

The aim of microeconometrics is to analyze individual behavior on the basis of micro data (crosssection and panel data) of individuals, households, and firms. The standard linear regression model is generally not applicable to micro data due to the non-metric measurement and censoring of dependent variables at the individual level, selectivity and incomplete observability of endogenous variables, and the dependence of individual observations over time. The empirical methods most frequently applied in empirical microeconomics are surveyed and several applications in empirical microeconomics are presented. Students learn how to apply these methods using real-world microdata and the software package STATA.

Literature:
A. C. Cameron and P. K. Trivedi, Microeconometrics. Methods and Applications, Cambridge University Press, 2005
W. H. Greene, Econometric Analysis (7 ed.), Pearson, 2012, Chapters 11 and 17-19.
J. M. Wooldridge, Econometric Analysis of Cross Section and Panel Data, MIT Press, 2 ed. 2010

Exam:
final exam, research paper

Credits: 
6.00
Program: 
Semester: 
Fall 2013
Affiliation: 
Freie Universität Berlin
End date of the whole course: 
Tuesday, February 11, 2014 - 6:00pm