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Syllabus |
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.
5- Panel Corrected Standard Errors (PCSE) estimation model;
6- Dynamic Models Momemts Generalized Method (GMM)
7-Cointegration with data in Panel: Unit Root Tests 1st Generation and 2nd Generation. Keywords: Pooled Mean Group (PMG), Mean Group (MG), Dynamic Fixed Effect (DFE), Dynamic Ordinary Least Squares (DOLS), Full Modified Ordinary Least Squares (FMOLS).
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Main Bibliography |
REQUIRED READINGS
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.
RECOMMENDED READINGS
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.
Wooldridge, J.M. (2015), "Introductory Econometrics: A Modern Approach", 6th Ed., South Western
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Teaching Methodologies and Assessment Criteria |
The topics/themes of Economic Data Analysis are set by the teacher during lectures. The lecturing in practical classes
involves the resolution of exercises, the discussion of seminal articles, the collection of data, and the econometric
handling of the models.
The grading results from the weighting of three moments of learning as follows: (1) development, writing, presentation and discussion of empirical work 40%; and (2) final examinations 60%.
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