1 - Quantitative sources of economic data
2 - Data and its statistical properties
3 - Methods of economic data analysis
4 – Panel data analysis: Fixed Effects and Random Effects in Static Models; Hausman Test; Wald Tests, Heteroscedasticity, Autocorrelation; Robust estimation.
Modeling and Estimation with practical applications using Stata
5 – Panel corrected standard errors (PCSE) estimation model;
6-Cointegration with Panel Data: Unit Root Tests 1st Generation and 2nd Generation. Cointegration Tests. Estimation of Models Pooled Mean Group (PMG), Mean Group (MG), Dynamic Fixed Effect (DFE), Dynamic Ordinary Least Squares (DOLS), Full Modified Ordinary Least Squares (FMOLS).
Asteriou, Dimitrios e Hall, Stephen G., Applied Econometrics, Palgrave Macmilan, 3rd Ed., 2015.
Baltagi, Badi H., Econometric Analysis of Panel Data, John Wiley & Sons, 5th edition, 2013.
Armstrong, J. Scott, Illusions in regression analysis, in International Journal of Forecasting, Vol. 28, No. 3, July–September 2012, pp 689-694.
Greene, William H., Econometric Analysis, Global Edition Pearson Higher Education, 8th edition, 2020.
Wooldridge, Jeffrey, Econometric Analysis of Cross Section and Panel Data, The MIT Press, 2nd edition, 2010.
Teaching Methodologies and Assessment Criteria
The evaluation criteria include the weighted result of two (2) teaching-learning moments, namely:
(1) 50% for the development, writing, presentation and discussion of an empirical work to be delivered on January 14, 2022; and 50% for Teaching-Learning attendance. Students who take the written exams (100%) of the final grade.