Econometrics

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Course Project

(posted: 20 Nov 2017)

I know that some students are making good progress on the course project. And I know that the course project is giving some students a lot of stress. This is a difficult assignment. Stress is normal. If you are feeling stressed, please tell me how I can help you.

If you are struggling to assemble a dataset, please consider using the USA state panel with employment rates (from BLS) and minimum wage rates (from Vaghul and Zipperer).

If you use the USA state panel for your analysis, first try to reproduce the regression results that I provide in the documentation. Then look for other ways to test the null hypothesis that the minimum wage rate does not affect the employment rate.

Most importantly, please tell me how I can help you.

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December Sessions

(posted: 20 Nov 2017)

When we return from Thanksgiving break, we will wrap up our discussion of probability models. To prepare for that discussion, please read Stock-Watson chap. 9 and Kennedy chap. 16.

Finally, we will discuss time-series. To prepare for that discussion, please read Stock-Watson chaps. 12, 13 and 14 and Kennedy chaps. 10 and 19.

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Thanksgiving Break

(posted: 20 Nov 2017)

Queens College will be closed from Thu 23 to Sun 26 Nov.   No classes will meet.

Enjoy the break!   Have a Happy Thanksgiving!

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