Economics 719 Autumn 2007

Syllabus and Reading List (pdf)

Lectures

Lecture 2: September 6, 2007
Lecture 3: September 11, 2007
Lecture 4: September 13, 2007
Lecture 5: September 18, 2007
Lecture 6: September 20, 2007
Lecture 7: September 25, 2007 Sampling Plans and Weighting
Lecture 8: September 27, 2007 Sampling Plans (part 2)
Lecture 9: October 2, 2007 Normal error sample selection model
Lecture 10: October 4, 2007 Choiced Based Sampling and Manski Lerman Weighted Estimator
Lectures 11-14: October 9 - October 25, 2007 on Panel Data
Advantages of Panel Data
Panel Estimators
GMM and Dynamic Linear Panel Models
Sequential Moment Restrictions
Lectures on Structural Estimation
Basics on Estimation of Markov Decision Process
Lecture on Rust and Phelan (1997)
Lecture on Imai and Keane (2004)
Aguirregarbiria and Mira (2002)
Aguirregarbiria and Mira (2007)
Mira (2007)

Problem Sets

Problem Set 1: (Due October 11, 2007).
Files needed:
Mroz data file (mroz.dat) (ascii)
Mroz documentation (Listed as mroz.doc in problem set.)
Answers to Mroz problem set. (MS Word)

Problem Set 2: Due October 23, 2007)
Data file (ascii)
Answer key. (pdf)
Do file to compute Wooldridge estimator of components (ascii)
Log file produced by ps2.do (ascii)

Problem Set 3 (On Skewed Logisitc)
Problem Set 4 Dynamic Discrete Choice
Data Generating program (Windows Executable)

Readings

Aguirregabiria and Mira (2002) Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models
Aguirregabiria and Mira (2007) Sequential Estimation of Dynamic Discrete Games
C. Carroll (2006) Lecture Notes on Solution Methods for Microeconomic Dynamic Stochastic Optimazation Problems
Eckstein and Wolpin (1989) The Specification and Estimation of Dynamic Stochastic Discrete Choice Models a Survey
French (2004) The Effects of Health, Wealth, and Wages on Labor Supply and Retirement Behavior
Imai and Keane (2004) Intertemporal Labor Supply and Human Capital Accumulation
B. Hansen's Draft Econometrics Textbook
Heckman (1981) Heterogeneity and State Dependence
Hotz and Miller (1993) Conditional Choice Probabilities and the Estimation of Dynamic Models
Keane and Wolpin (1994) The Solution and Estimation of Discrete Choice Dynamic Programming Models by Simulation and Interpolation: Monte Carlo Evidence
Mira (2007) Uncertain Infant Mortality, Learning and Life-Cycle Fertility
S. Pudney (1989) Chapter 2
Rust and Phelan (1997) How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets
Rust (1994) Structural Estimation of Markov Decision Processes
Rust (1996) Numerical Dynamic Programming in Economics

Notes and Programs

Check list for Empirical Research (pdf)
FORTRAN90 Program of NPL and NFXP Estimators on Toy Problem

Date Last Revised: December 6, 2007