|Lecturer||Prof. Dr. Lars Hornuf|
with classes at 9:00 am -12:30 pm & 1:30 pm – 5 pm each day
|Room/Address||TU Dresden, Faculty of Business and Economics|
Georg-Schumann-Bau, Room SCH A 200b
|Seminar content||This course teaches the fundamental ideas and methods of causal inference. For this purpose, the linear OLS model is first repeated and its assumptions discussed. In addition, panel methods and instrumental variables are taught and implemented in practical exercises. The course conveys the theoretical basics and the implementation in the statistical software packages Stata and Python. The course forms the basis for another course, which will take a closer look at matching procedures, duration models, structural break models, and event studies in spring 2024.|
|Preparation material||Required reading to be read before the course:|
Angrist, J. D. & Pischke, J.-S. (2009). Mostly Harmless Econometrics – An Empiricist’s Companion. Princeton University Press.
Wooldridge, J. M. (2019) Introductory Econometrics – A Modern Approach, South-Western Educational Publishing (Chap. 1-5, 13, 14)
Angrist, J. D. & Pischke, J.-S. (2015). Mastering ‘Metrics – The Path from Cause to Effect. Princeton University Press.
Heiss, F. & Brunner, D. (2020). Using Python for Introductory Econometrics. Independently published.
|Certificate||Doctoral candidates from the Faculty of Business and Economics, TU Dresden can earn a certificate according to § 9 of the Ph.D. doctoral regulations (PromO 2018):|
Doctoral candidates of Business Administration: § 9 (1) Nr. 5 or 6
Doctoral candidates of Business Information Systems: § 9 (1) Nr. 6
Doctoral candidates of Economics: § 9 (1) Nr. 6
Doctoral candidates from other universities can earn a certificate as well.
|Assignment||Students have to complete a brief take home exam and apply their econometrics skills from this course to estimate some simple models. They must submit both their code and respective interpretation of the results.|
|Registration||Registration is no longer possible as the capacity of spots has been reached.|