Bachelor 2024/2025

Panel Data

Type: Compulsory course (International Bachelor's in Business and Economics)

Area of studies: Economics

Delivered by: Department of Economics

Where: St.Petersburg School of Economics and Management

When: 3 year, 4 module

Mode of studies: offline

Open to: students of one campus

Instructors: Терещенко Дмитрий Сергеевич, Alexander Muravyev, Tatiana Rodionova

Language: English

ECTS credits: 3

Course Syllabus

Abstract

The course is designed for third-year undergraduate students in Economics. The course is of applied nature: The material is presented, whenever possible, in a non-technical way, with examples of empirical studies published in leading international economics and finance journals discussed in class. Lectures are supplemented by computer labs, which ensures that the students get hands-on experience of analyzing real world panel data using Stata 14/15. The topics covered include: pooled OLS model, fixed- and random-effects models, dealing with unbalanced panels, measurement error in panel data, endogenous explanatory variables, the Hausman-Taylor model, and an overview of dynamic panel data models (the Nickel bias, Anderson-Hsiao estimator and Arellano-Bond estimator).