Topics in Econometrics

Prof. Burak Saltoglu

 

 Aim: This course has two main aims:

Required background: Students intending to take this course should have completed basic econometric and statistical courses. The textbooks that are expected to be completed are Gujarati's Basic Eonometrics (1995) and Maddala's Introduction to Econometrics (1996).

Main textbook: Johnston and DiNardo (1997), Econometric Methods, Mc Graw Hill.

Advanced: Davidson R and D McKinnon, Econometrics, 1994, Cambridge University Press.

Or W, Greene (2000)

Lecturing: There will be 3 hours of lectures for each topic. There will be weekly assignments and every two weeks some assignments will be solved by an Research Assistant. Students are expected to complete  weekly assignments and run some simulation and complete computer assignemnts. 

Grading: Midterm (30%)

                Final (55%)

                Assignments and class performance: (15%)


 

Topics to be covered

 Week 1 Statistical and Mathematical Revision (Chapters 1) Johnston and Dinardo (1997)

Week 2 Classical  Linear Regression: (Chapters 3)  Greene

Week 3 Hypothesis Testing (Chapter 4) Greene

Week 4 Departures from OLS  (Chapter 6)Johnston and Dinardo (1997)

Week 5 Theory of Maximum Likelihood Estimation (chapter 5)Johnston and Dinardo (1997) 

Midterm

Week 7 Simultaneous Equations System(Chapter 9)Johston and Dinardo (1997)

Week 8  Introduction to Generalised Method of Moments (GMM) (chapter 10 Johnston and Dinardo (1997)and Hamilton)

Week 9  Nonlinear Regression (Chapter 10) Greene

Week 10 Introduction to asymptotic theory (chapter 9) Greene, Hamilton (1994)

Week 11  Bootstrapping and Monte Carlo methods (Efron and Tibshirani (1994))

 Final


Download Lecture Notes

 download Lecture Notes

 Assignments

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