Statistics, Econometrics and Quantitative Methods


Lecturer:   Prof. Dr. Martin Biewen, Marian Rümmele, MSc
Profiles:   M.Sc. Accounting and Finance
M.Sc. Economics and Finance
M.Sc. in European Economics
M.Sc. in European Management
M.Sc. in General Management
M.Sc. in International Business
M.Sc. in International Economics
M.Sc. in Management and Economics
M.Sc. in Economics
Ph.D. Studies
Prerequisites:   Basic knowledge of probability theory, linear algebra and econometric methods
Language:   English
Time and Place:  

This course will be given online until further notice

Start:   20.04.2020
Exam:   Written Exam (90 Min.)
Credits:   9 ECTS

Course Outline

1) Conditional Expectations and Linear Projections

2) Basic Asymptotic Theory

3) Single Equation OLS estimation

4) Single Equation IV estimation

5) Systems of Equations OLS/GLS estimation

6) Systems of Equations IV estimation

7) Linear Unobserved Effects Panel Data Models

8) M-estimation, Nonlinear Regression, and Quantile Regression

9) Generalized Method of Moments and Maximum Likelihood Estimation

10) Discrete Response Models

11) Corner Solutions, Censoring, and Selection Models

12) Evaluation of Treatment Effects

13) Duration Analysis

Practical Sessions

The solution to the problem sets will be presented in the practical sessions. We urge you to (at least try to) solve the problem sets before the corresponding practical session takes place. It is only in this way that you will be properly prepared for the exam.

04.05. - 08.05. Problem Set 1
11.05. - 15.05. Problem Set 2
18.05. - 22.05. Problem Set 3
25.05. - 29.05. Problem Set 4
01.06. - 05.06. (Break)
08.06. - 12.06. Problem Set 5
15.06. - 19.06. Problem Set 6
22.06. - 26.06. Problem Set 7
29.06. - 05.07. Problem Set 8
06.07. - 10.07. Problem Set 9
13.07. - 17.07. Problem Set 10
20.07. - 24.07. Problem Set 11
27.07. - 31.07. Problem Set 12

Course Materials

Course materials can be accessed in Ilias. Log on with your university account and click through all the folders. Download all documents to your personal computer as you might not always have access to the internet.

We plan to post two lecture videos (2x 2h) at the beginning of each week plus one video per practical session (1x 2h) at the end of the week for which the respective problem set is scheduled. In weeks without problem sets, there will be three lecture videos (3x 2h). This course does not proceed live. You can watch the videos anytime.

If you have questions, please send them by email or post them to the forum in Ilias.


Wooldridge, J.: Econometric Analysis of Cross Section and Panel Data

Cameron, A.C., P.K. Trivedi: Microeconometrics, Methods and Applications

Cameron, A.C., P.K. Trivedi: Microeconometrics Using Stata