centre for microdata methods and practice

ESRC centre

cemmap is an ESRC research centre

ESRC

Keep in touch

Subscribe to cemmap news

Panel data methods

Date: 09:15 10 May 2018 - 18:00 11 May 2018
Type: Training Course
Tutor: Jeffrey M. Wooldridge MSU
Venue: UCL Economics Department
Prices: HE delegates: £240; Charity/Government: £440; other delegates: £950; All prices are exclusive of VAT

Description

This course in panel data econometrics, presented from a microeconometrics perspective, will cover linear panel data models with unobserved heterogeneity, including discussions of the strengths and weaknesses of the various estimation methods.

Basic estimation methods include random effects, fixed effects, and first differencing. Instrumental variables estimation of models without strictly exogenous explanatory variables will also be covered, including those that contain contemporaneously endogenous variables and those that contain lagged dependent variables. Estimation of linear models with heterogeneous trends and heterogeneous slopes will also be covered. Special considerations with unbalanced panels will be discussed, including how to test for sample selection and attrition bias.

The statistical package Stata will be used to illustrate the methods during lectures and in obtaining hands-on experience during the practical work. Please note that this training course will be given in a microeconometrics laboratory where computers will be provided with the neccessary programmes.

Participants should have good working knowledge of ordinary least squares and two stage least squares in a cross-sectional environment, at the level of the “Introductory Microeconometrics” training course.

The course will be presented at a level below my book Econometric Analysis of Cross Section and Panel Data, second edition. MIT Press, 2010. Some of the material can be found in the Imbens/Wooldridge cemmap lecture notes here:

http://www.cemmap.ac.uk/uploads/cemmap/forms/Imbens_Wooldridge_notes.pdf

Background reading suggested for this training course: please click here

General information

Click here to request a place at this event and view our booking terms and conditions.

Search cemmap

Search by title, topic or name.

Contact cemmap

Centre for Microdata Methods and Practice

How to find us

Tel: +44 (0)20 7291 4800

E-mail us