–
- Code:
- ECON-L4400
- Field:
- Econometrics
- Targets:
- Research Master's students PhD students
- Organiser:
- Aalto University
- Instructor:
- Ciprian Domnisoru
- Period:
- Period 4
- Format:
- Lecture
- Method:
- Contact teaching
- Venue:
- Economicum
- Enrollment:
In case of conflicting information consider the Sisu/MyCourses pages the primary source of information.
Aalto, Hanken and UH economics students can enroll through their home university’s SISU. Further instructions are available on the How to enroll? page, also for students from other universities.
If you would like to count the credits towards your degree, please check your curriculum or contact your supervisor or student services for guidance.
Lectures and exercises will be streamed for FDPE students (outside the capital region), but not for Helsinki GSE students (Aalto, Hanken and UH students). A link to the stream will be sent by Jenni Rytkönen in a separate email a few days before the course starts. If you don’t receive the link, please contact Jenni (jenni.rytkonen@aalto.fi).
- To access the course workspace, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Sisu and logged in with your Aalto user ID.
- For more information on how to activate your Aalto user ID and register for a MyCourses course area, click here.
Content
This course covers a number of central models and methods employed in modern microeconometric research. The emphasis is on different types of dependent varia-bles and data structures (cross section and panel data). The connection between economic theory and empirical methods is emphasized. Specifically, the topics covered in the course include:
1. Discrete choice models
2. Tobit models
3. Sample selection models
4. Survival / duration analysis
5. The bounds approach
6. Panel data estimators
7. Calculation of standard errors
Learning outcomes
After the course, the student should know the basic properties and limitations of the microeconometric models discussed, and be able to implement them in empirical research. The student also appreciates the connections between economic theory and empirical methods. The course also works as a foundation for more advanced methodological and applied courses in microeconometrics.