Skip to content

Latest commit

 

History

History
50 lines (34 loc) · 2.01 KB

Block4.md

File metadata and controls

50 lines (34 loc) · 2.01 KB
Raw

Block 4 presentation and R scripts

R scripts for seminars - outline of Block 4

1) IVR_mroz.R

  • Wooldridge: Introductory Econometrics, 5th Edition, Example 15.1, 15.5, 15.7
  • Aim: discussion of instrumental variable, comparison of OLS and IV estimator, 2SLS estimator, testing for endogeneity

2) IVR_wage2.R

  • Wooldridge: Introductory Econometrics, 5th Edition, Example 15.2
  • Aim: discussion of instrumental variable, comparison of OLS and IV estimator

3) IVR_bwght.R
+Wooldridge: Introductory Econometrics, 5th Edition, Example 15.3

  • Aim: discussion of instrumental variable, comparison of OLS and IV estimator

4) IVR_card.R

  • Wooldridge: Introductory Econometrics, 5th Edition, Example 15.4
  • Aim: discussion of instrumental variable, comparison of OLS and IV estimator

5) SEM_mroz.R

  • Wooldridge: Introductory Econometrics, 5th Edition, Example 16.3, 16.5, Computer excercise C16.2
  • Aim: estimation of an SEM model, endogeneity of regressors, interpretation of estimated coefficients

6) SEM_openness.R

  • Wooldridge: Introductory Econometrics, 5th Edition, Example 16.4, 16.6, Computer excercise C16.3
  • Aim: estimation of an SEM model, endogeneity of regressors, interpretation of estimated coefficients

Seminar & self-study R scripts for Block 4

IVRvsOLS.qmd

  • Cameron and Trivedi, Microeconometrics, 2005, amended from Example 4.8.8.
  • Aim: Compare finite sample and asymptotic properties of OLS and IVR estimators with an endogenous regressors (based on simulated data)

SEM_gas.R

  • Aim: SEMs specification and identification of individual equations

SEM_Klein.R

  • Aim: Estimation of the Klein (1950) model "Model I"

Homepage