: Using STATA to execute inference, obtain estimates, and run diagnostic tests. The Empirical Project: Your Roadmap to Research A standout feature of the course is the Empirical Project
Then, he remembered Professor Miller’s voice echoing from Tuesday’s lecture: "If your OLS looks too good to be true, you’ve probably ignored endogeneity. Don't give me correlations; give me the truth."
“Where the rubber meets the regression road.” econom 8473 applied econometrics
: Mastering software—typically Stata or SAS —to perform inference and hypothesis testing.
To enroll in ECON 8473, students must typically complete or ECON 8472 (Econometric Methods I) , as well as foundational quantitative courses like ECON 7370 . Proficiency in matrix algebra, basic calculus, and statistical programming is strongly recommended. econ-8473-carlson-fall-2021.pdf - Economics : Using STATA to execute inference, obtain estimates,
The central struggle of applied economics is endogeneity—the correlation of an explanatory variable with the error term. ECON 8473 spends significant time diagnosing and solving endogeneity through:
: Gaining proficiency in Panel Data methods and Time Series analysis. Statistical Software To enroll in ECON 8473, students must typically
The course is designed to equip students with a toolkit for modern data challenges, focusing on six key learning objectives Model Design
A unique feature of is that it is rarely software-agnostic. The professor typically mandates a specific ecosystem. Here is how the course uses each:
The primary goal of ECON 8473 is to equip students with the ability to design and execute econometric models that answer specific economic questions. Key learning objectives include: