Statistics, Econometrics and Quantitative Methods

S422 Advanced Microeconometrics

Details

Lecturer: Prof. Dr. Martin Biewen; Simon Zeller, M.Sc.
Profiles: M.Sc. Accounting and Finance
M.Sc. Data Science in Business and Economics
M.Sc. Quantitative Data Science Methods
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 (consult appendices A, B, C, D in Wooldridge: Introductory Econometrics)
Language: English
Time and Place: 

Mon 10-12 a.m. (HS 24 Kupferbau)

Tue 12-14 a.m. (HS 23 Kupferbau)
Wed 10-12 a.m. (Mohlstr. 36 E02)

Start: Mon 14.04.2025
Exam: 

Written Exam (90 Min.)

After the exam, you will have the opportunity to inspect your marked exam papers at our offices at a specific date which will be announced on our webpage. If you wish to take advantage of this opportunity, please regularly check our webpage after the exam. No alternative options for inspection will be provided (no additional dates or online appointments).

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

Course Schedule

The solution to the problem sets will be presented during the practical sessions, which will take place on the dates listed below. All other days are lecture days. We strongly encourage you to attempt the problem sets before the corresponding practical session. This is the only way to ensure you are properly prepared for the exam.

Wed 07.05.2025Problem Set 1
Wed 14.05.2025Problem Set 2
Wed 21.05.2025Problem Set 3
Wed 28.05.2025Problem Set 4
Wed 04.06.2025Problem Set 5
Wed 18.06.2025Problem Set 6
Wed 25.06.2025Problem Set 7
Mon 30.06.2025Problem Set 8
Tue 01.07.2025Problem Set 9
Wed 09.07.2025Problem Set 10
Wed 16.07.2025Problem Set 11
Wed 23.07.2025Problem Set 12

Course Materials

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

Software

This course uses Stata. Please log in at https://campussoftware.zdv.uni-tuebingen.de/shib/ to download and install the license.

Literature

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

Wooldridge, J: Introductory Econometrics (Supplementary)