Certificate in Applied Econometrics

Certificate in Applied Econometrics

Program Details:

Applied Econometrics with STATA (analysis software) is a two-day hands-on course that develops proficiency with STATA and enables participants to carry out their own empirical analyses. Day one covers the linear multiple regression model, which is the workhorse of empirical analysis in business, economics, and policy-making. Day two covers repeated cross-section analysis. The teaching method combines intuition, basic econometric theory, and hands-on computer analysis with analyses. The teaching method combines intuition, basic econometric theory, and hands-on computer analysis with STATA.

 

Takeaways:

  • Working with STATA.
  • Linear regression model and bivariate correlations.
  • The simple linear regression model.
  • The linear multiple regression model.
  • Repeated cross-section data and policy analysis.
  • Panel data: First difference estimator, fixed effects estimator, random effects estimator, and efficiency.
  • Endogeneity and instrumental variables: two stage least-squares.
     

Agenda (subject to change): 

  Day 1 Day 2

7:45 a.m. – 8:15 a.m.

Registration and Breakfast 

Breakfast

8:30 a.m. – 10:00 a.m.

Data and Summary Statistics; the command line, STATA menus, and STATA do-files

Repeated Cross-Section Data and Policy Analysis 

10:00 a.m. – 10:15 a.m. 

Coffee Break 

Coffee Break

10:15 a.m. – 11:45 a.m.

The Simple Linear Regression Model

Panel Data: The First Difference Estimator and Time-Invariant Unobservables

11:45 a.m. – 1:00 p.m. 

Lunch

Lunch

1:00 p.m. – 2:30 p.m.

The Linear Multiple Regression Model

Panel Data: The Fixed Effects Estimator and Time-Invariant Unobservables

2:30 p.m.– 2:50 p.m.

Coffee Break

Coffee Break 

2:50 p.m. – 4:20 p.m.

Dummy Variables and Policy Analysis 

Panel Data: The Random Effects Estimator and Efficiency; Testing for Random Effects 

Who Should Attend?

Data analysts, research staff, and policy-makers in the public and private sector.
 

About the Speaker: 
Dan WestbrookDaniel Westbrook - Associate Professor, Georgetown University in Qatar. 

Daniel Westbrook received his Ph.D. from The Ohio State University in 1978 and joined the faculty at Georgetown University in Washington, D.C., at that time. He joined the School of Foreign Service in Qatar in 2008. His current research interests focus on applied micro- econometrics in economic development and on Vietnam. Professor Westbrook regularly teaches micro-economic principles, international trade, globalization, environmental economics, economic statistics, and econometrics. Westbrook has served as a consultant for the World Bank, and the Asian Development Bank and has delivered short courses in econometrics at the World Bank, the IMF, the General Statistics Office of Vietnam, and many other organizations and clients. 

 

 

Program Prerequisites:

Undergraduate-level course in statistics or econometrics or basic econometrics with STATA. It is essential to be able to follow and contribute to discussions that rely on technical knowledge.