Applied econometrics

Objectives

Mobilize the concepts of micro-economic theory and the appropriate statistical techniques to construct indicators or conduct an economic study;
Interpret the results of an economic study, distinguishing between descriptive and causal approaches;
Analyze the sources and effects of the endogeneity of explanatory variables, and implement an instrumental variable analysis;
Identify the potential biases and gains associated with the use of particular variables: public policy evaluation, survey data, panel data, time series data, etc;
Read and discuss an econometric text with a critical eye on data quality, choice of methods and interpretation of results.

Course outline

The aim of this course is to present the econometric approach (specification, identification, interpretation, link with economic theory), as well as the basic models and inference techniques used by econometricians. Examples will be drawn mainly from microeconomics.

Prerequisites

Linear regression, microeconomics