Training Course

Panel data methods

Date & Time

From: 9 May 2019
Until: 10 May 2019

Type

Training Course

Venue

UCL Economics Department
Drayton House,
30 Gordon Street,
London,
WC1H OAX

Prices

HE Delegates: £240
Charity or Government: £440
Other Delegates: £950

This course is now fully booked. Please email cemmapevent@ifs.org.uk if you wish to be put on the waiting list.

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:

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

Background reading suggested for this training course: please click here