Department of Agricultural and Resource Economics ARE 213
University of California at Berkeley Elisabeth Sadoulet/Ethan Ligon/Michael Ward
GSI: Stephen Stohs
Fall Semester, 1998

 

APPLIED ECONOMETRICS
Course Requirements

Prerequisites: ARE 212 or ECON 240A and B. A knowledge of economic analysis at roughly the level it is taught in Economics 201 is presupposed. Students are expected to have at least a rudimentary familiarity with the UNIX operating system.

ARE 213 will be taught in three different parts, by three different instructors.
 

  • Five weeks (August 24--September 25), by Elisabeth Sadoulet, on techniques for estimating problems with qualitative and limited dependent variables.

    • Probit and logit

    Models of multiple choice: conditional/multinomial logit, ordered probit/logit, nested logit

    Truncated and censored regressions

    Self-selection, switching models, and treatment.

    Introduction to models of duration

    • Five weeks (September 28--October 30), by Ethan Ligon, on the general theme of data dependence:

    Parametric dependence and linear time series

    Nonparametric dependence and inference

    Spatial econometrics

    • Five weeks (November 4--December 4), by Michael Ward, a survey on nonparametric and computer-intensive statistical techniques.

    Bootstrapping

    Specification tests

    Flexible functional forms

    Nonparametric estimators

    Revealed preference analysis

    Class meetings: Monday, Wednesday (lectures) 10-11:30 am 2305 Tolman

    Friday (discussion) 10-11 am 2319 Tolman

    NOTE: For the first five weeks, the Wednesday class is changed to 5:00-6:30pm.

    Assignments and grading:

    There will be six problem sets assigned during the term, due at the beginning of the discussion section on the following dates. Problem sets need to be handed on the due date, no late submission will be accepted.

    Friday September 11 and 25

    Friday October 16 and 30

    Friday November 20 and December 4

    You will be using some of Stata , S+, or Matlab; students in ARE should already have accounts on are.berkeley.edu. Students who have no such account should see Bob Lyons (rlyons@are.berkeley.edu) to make the appropriate arrangements.

    There will be one 1h30 open book exam at the end of each 5-week period. These exams will be held at class time on Monday September 28, Monday November 2, and Monday December 7.

    Each instructor will give a grade, based on the 2 problem sets and the exam of the corresponding period, with 25% for each problem set and 50% for the exam. The overall class grade is the average of the 3 partial grades.

    Office Hours

    Elisabeth Sadoulet: Fridays, 2:00-4:00 p.m., 213 Giannini Hall

    Ethan Ligon: Mondays, 12:30–1:30, 304 Giannini Hall

    Michael Ward: Thursdays 1--3, 305 Giannini Hall

    Stephen Stohs: Mondays-Wednesdays, 9:00-10:00am, 330 Giannini Hall

    Readings: In addition to particular papers or articles given in class, we will use the following text:

    Greene (1997) Econometric Analysis, New York: MacMillan. Chapter 19 and 20, for the first 5 weeks

    Homepage: http://are.Berkeley.edu/~ligon/Teaching/ARE213/are213.html