After successful completion of the course, students are able to

• discuss regression models with stochastic independent variables,
• to discuss and to apply instrumental variables estimates and (generalized) method of moments estimators and
• to explain the most important classes of models for panel data and to compute the respective estimates.

Econometric methods and models (regression models with stochastic independent variables, instrumental variables, generalized method of moments, panel data analysis)

Mix of lectures on the blackboard, exercises and data demonstration examples

The first lecture starts at 2:15 pm on Wednesday, October 4, 2023.

Documents, exercises, etc. are provided in the associated TUWEL course. Therefore, registration in the TUWEL course is absolutely necessary. (The non-binding registration is done by "self-enrollment"). 

The course is planned entirely in presence. Changes are possible due to the current COVID situation.

Please note that in this academic year (23/24), the course takes place in winter semester only. With the beginning of next academic year (24/25), the course will take place in summer semester as usual.

Participation during the whole semester and a oral final examination.

Lecture notes for this course are available. Office EOS (E105-2), Freihaus, yellow area, 4th floor. Price: 5Euro.

• Schönfeld "Methoden der Ökonometrie" (Band 2)
• Cameron & Trivedi "Microeconometrics"
• Hsiao "Panel Data Analysis"
• Hayashi "Econometrics"