TA is Xavier Bautista. His office hours are Wed 3.00-4.00 or by appt.
Xavier will lecture the first week of class.
TA Session is Friday 1.30-3.00 in 212.
Make-up classes: TBA, if needed
Midterm: Two midterms, Wednesday Oct 4 and November 6.
NOTE: There will be weekly computer exercises using Matlab (and Stata) as part of the homeworks.
FINAL: December 5, 10am-12am in Room 212.
The following notes may be adjusted during the semester.
Literature on clustered standard errors:
3) Cameron and Miller Practioner’s Guide to Cluster –Robust Inference (link to Cameron’s WEB page which has the paper as well as Stata code and datasets)
Weak Instruments :
Read the example in Davidson-MacKinnon, pp. 326-327
Know the striking example in Nelson-Starz Journal of Business (1990),
Michael Murray’s survey in Journal of Economic Perspectives 2006, (you should know the formulas on pp. 123-124 and the Stock-Yogo (2005) rule of thumb in footnote 8)
Local Average Treatment Effects (LATE):
Derivation of simplest case in my paper in Quantitative Economics
Stock and Watson JEP survey on VARs
Homework # Matlab Code Due
Homework 1 Wed August 30