Lecture Notes

ECON 30331/Econometrics

Fall 2013

 

 

·         Why econometrics?  Wednesday, August 27th:  [Download notes in PPT handout mode]

 

·         Class introduction, moving from correlation to causation, Wednesday, August 27th:  [Download notes in PPT handout mode]

 

·         Chapter 2, The bivariate regression model, Monday September 1, 3 and 8 [Download PPT notes]

 

Detailed derivations.  This is a 15-page handout that includes all the important derivations I will do at the board for this chapter, the topics include:

·         Important properties of summations

·         Deriving the OLS estimates

·         Deriving the R-squares

·         OLS estimates are unbiased

·         The variance of OLS estimates

 

·         Chapter 3, The multivariate regression model, September 10, 15, 17

 

                  PPT notes, Chapter 3

 

                  Detailed derivations for multivariate models.  The topics include

·         Deriving the estimates in multivariate models

·         Omitted variables bias in the multivariate model

·         The “partialling” out property of multivariate models

·         A note on variances in multivariate models

 

·         Chapter 4, Statistical inference, September 17 and 22

 

                        PPT notes, Part 1:  Inference about 1 parameter

                        PPT notes, Part 2:  Tests of multiple parameters

 

 

 

·         Chapter 7, Dummy variables in regression models, September 26, 29

 

                        PPT notes, Chapter 7

            Review Sheet – how to interpret regression coefficients

 

 

·         Notes for articles

 

Bertrand and Mullinathian, Discrimination in the job market, October 1

                 

                                                STATA data set that will allow you to replicate basic results in Table 1

 

            Sacerdote, Testing for nature vs. nurture, October 1

                  Black, How parents’ value school quality, October 8

                  Carrell et al., Peer effects in physical fitness, October 8

            Dale and Krueger, The returns for attending a more selective college, October 13