28471 - Econometric Models

Academic Year 2014/2015

  • Docente: Luca Fanelli
  • Credits: 5
  • SSD: SECS-P/05
  • Language: Italian
  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in STATISTICAL SCIENCES (cod. 8054)

Learning outcomes

By the end of the course the student should have acquired the basics of econometric modeling. In particular the student should be able: - to specify and estimate linear, single-equation econometric models - to perform a specification analysis of the model

Course contents

Introduction to the specification of econometric models.
Uni-equational and multi-equational models: an overview.
Econometric models for time-series data: ADL models and VARs.
Estimation issues and asymptotic properties: Maximum Likelihood, OLS.
Main tests for linear parametric restrictions.
Main diagnostic tests.
Dealing with endogenous regressors: instrumental variable methods
Introduction to GMM estimation.

Readings/Bibliography

Verbeek, M. (2000). Modern econometrics, Wiley

Teaching methods


Assessment methods

Written and oral exam

Teaching tools

Econometric software: Gretl

Links to further information

http://www.rimini.unibo.it/fanelli

Office hours

See the website of Luca Fanelli