Laboratory of Applied Econometrics

A.Y. 2019/2020
3
Max ECTS
20
Overall hours
SSD
SECS-P/05
Language
Italian
Learning objectives
The Laboratory of Applied Econometrics aims at providing students with the basic procedures of the empirical analysis; starting from the analysis of the economic model of interest, up to the interpretation of the obtained results, with particular emphasis of the reference economic theory.
Expected learning outcomes
At the end of the laboratory, thanks also to the theoretical notions taught during the course of Econometrics, students will be able to deal independently with an empirical study on microeconomic and macroeconomic topics. Students will be able to define the research question, to obtain the data from institutional databases, as well as to specify an econometric model based on linear and nonlinear regression techniques. Moreover, students will be able to estimate the unknown parameters through an appropriate econometric software and interpret critically the estimated coefficients according to the main theoretical economic frameworks. The empirical studies proposed during the lessons will represent a starting point for students intending to pursue an empirical final thesis.
Single course

This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.

Course syllabus and organization

Single session

Lesson period
Second trimester
Course syllabus
1) Linear regression model
- Estimating the relationships between wages and level of education
- Endogenous growth model
2) Regression with time series data
- The impact of inflation and deficit on the dynamics of interest rates
- On the relationship between primary deficit and public debt
- The Tayor rule and the analysis of the monetary policy of central banks
3) Panel data models
- On the relationship between alcohol consumption and road accidents
4) Instrumental variables
- On the relationships between consumption of cigarettes and price
Prerequisites for admission
Basic course of Econometrics.
Teaching methods
Lessons in the computer lab.
Teaching Resources
Datasets and reference material provided by the professor during the lessons.
Assessment methods and Criteria
No final exam.
SECS-P/05 - ECONOMETRICS - University credits: 3
Laboratory activity: 20 hours
Professor: Bacchiocchi Emanuele
Shifts:
-
Professor: Bacchiocchi Emanuele