Sumários

13 Novembro 2024, 17:30 • Joaquim Ramalho

2. Nonlinear Regression Analysis

2.1. Model Estimation

2.1.1. Maximum Likelihood

2.1.2. Quasi-Maximum Likelihood

2.2. Model Inference and Evaluation

2.3. Panel Data Models

6 Novembro 2024, 19:00 • Joaquim Ramalho

Illustration 3: Explaining Individual Wages

1.2.2. Dynamic Models

- Inconsistency of Estimators for Static Models

- Instrumental Variable Estimators

- Tests for Instruments Validity

6 Novembro 2024, 17:30 • Joaquim Ramalho

1.2. The Linear Regression Model with Panel Data

1.2.1. Static Models

- Definitions

- Models

- Fixed Effects versus Random Effects

- Estimators for the Random Effects Model

- Estimators for the Fixed Effects Model

- Cluster-Robust Inference

- Hausman Test

23 Outubro 2024, 19:00 • Joaquim Ramalho

Illustration 2: Estimating the Returns to Schooling (Questions 3.3-6)

23 Outubro 2024, 17:30 • Joaquim Ramalho

1.1.2. Endogenous Explanatory Variables

- Definition and Consequences

- Motivation: Omitted Variables, Measurement Errors, Simultaneous Equations

- Instrumental Variables

- Two-Stage Least Squares

- Generalized Method of Moments (GMM)

- Tests for the Exogeneity of an Explanatory Variable

- Tests for the Exogeneity of the Instrumental Variables

- Tests for Correlation between Instrumental Variables and Explanatory Variables

Illustration 2: Estimating the Returns to Schooling (Questions 1-3.2)