(SS 2018 courses and the WS 2017 course on macroeconomics)
Messages for 040057 Macroeconometrics
· In the first meeting on March 2, the plan as outlined in the syllabus was confirmed. With regard to the mentioned empirical projects, working in groups of up to three students is encouraged.
· In the unit on March 9, we convened the date for the first test on April 27.
· Two sets of slides containing course material have been sent to participants. Kindly let me know if you did not receive this material.
· Similarly, several short summaries of Stata commands for specific issues have been mailed to participants, such as simulation of ARMA models, unit-root testing and model selection. Again, kindly contact me if you did not receive any of the files.
· Last year’s midterm test is accessible here. Please be aware of the fact that course contents and emphasis on specific topics may have changed.
· The date of June 1 for the second test was fixed in the unit on April 23. Remember that after this date you are supposed to work on your empirical project, and instruction at least in the familiar form before the final test will be discontinued.
· For convenience, the tables of significance points by Phillips and Ouliaris can be accessed here. These are required for conducting the Engle-Granger 2-step cointegration test. Copyright is with Econometrica, of course.
· Guidelines for the empirical project can be accessed here.
· A role-model test for the second and final test is accessible here. 28 out of 31 participants have written this test, and I want to thank the participants for a good working atmosphere during the test. Results have been communicated to participants.
· The plan for the June units is as follows:
o Monday, June 4: I was available for consultation, no instruction.
o Friday, June 8: instruction unit taught by our visiting lecturer, Rebeca Jiménez-Rodríguez (University of Salamanca), with the special topic “Recursive and structural VARs”.
o Monday, June 11: I was available for consultation, no instruction.
o Friday, June 15, Friday, June 22, and Friday, June 29: some groups are presenting their preliminary or advanced empirical project works. If you did not do so already, kindly make up your mind as soon as possible on the topic for your project, on the group you wish to join for this project, on whether you want to present, and (if yes) on the day when you would like to do so.
o Monday, June 18: canceled, due to an administrative meeting.
· All project reports have been submitted, excepting some participants who did not want to work on projects. Authors of projects have been contacted with some comments on their projects. Kindly forward the comments to the other non-corresponding group members, if you did not do so already. Grades and scores have been entered, the course is closed.
Messages for 040216 Panel data
· In the first meeting on March 1, the plan as outlined in the syllabus was confirmed. Some details were fixed with regard to the planned empirical projects. These will be done on data selected by participants from any source, with the only condition that the data should be panel data. Working in groups of up to three students is encouraged.
· In the unit on March 8, we convened the date for the test on May 24. After the test, participants are expected to work on their empirical projects. Presentations of the empirical projects are envisaged for June 21 and June 28.
· Two sets of slides containing course material have been sent to participants. Kindly contact me if you did not receive this file.
· In the unit on April 19, it was announced that the last section of the first slide section on two-way panels will be skipped. Presentation of the second slide section on panel tests starts on April 26. Presentation of the third slide section actually started on May 10.
· A role-model test from a related course can be accessed here. 13 participants wrote the test on May 24, which now defines our group. Participants have been notified of their test results.
· The schedule for the June dates is as follows:
o June 7, unit taught by our visiting lecturer, Rebeca Jiménez-Rodríguez (University of Salamanca), titled “Analysis of Macroeconometric Panel Data”.
o June 14: no instruction. I was available for consultation.
o June 21: one presentation of project work.
o June 28: more presentations of project work by participants.
· Kindly let me know as soon as you know: the topic of your project, the composition of your group, and whether you are going to present orally.
· A short guideline on the empirical project is accessible here.
· Participants have voiced their interest in lecture slides for sections that have not been presented this year, as they had been prepared for a more extensive course on panel data analysis. These are now made accessible here:
o Chapter 1: Fixed and random effects
o Chapter 2: Tests in panel models
o Chapter 3: Endogeneity in panel models
o Chapter 4: Dynamic panels
o Chapter 5: Unbalanced panels
o Chapter 6: Limited dependent variables in panels
o Chapter 7: Unit roots in panels
· All project reports have been submitted. Authors of projects have been contacted with some comments on their projects. Kindly forward the comments to the other non-corresponding group members, if you did not do so already. Grades and scores have been entered, the course is closed.
Messages for 040216 Macroeconomics
· Note that this is a lecture course of type VO, not a continuous-assessment course. Exams are at fixed dates, and you must register for your preferred date. The first exam date was January 29, 2018. Other exam dates were on March 2, 2018 and on May 3, 2018.
· There was a last exam for this course on June 28, 2018. Grades have been entered. The course can be regarded as closed now.
· For a role-model exam on this course, you may access the exam from January 2017 here. Please take into account that emphasis and course material may change over time. Another more recent role-model exam from November 2017 can be accessed here.
· For the slide sections #1 to #7, which constitute the relevant course material for the exams, kindly contact me by e-mail, and I will send them to you, if for any reason you do not have them. You can also download them from this page, at least temporarily until June 28: