This is Robert's teaching page. It should contain course descriptions for all lecture courses, some links to older material, and announcements that serve as a means of communicating short-run changes to course participants.

 

[Latest update 16/5/2022]

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Courses in the summer semester 2022

General comment: Following the most recent guidelines from the rectorate, let us look forward to the remainder of a fully in-presence summer semester.

 

[continually under construction]

 

040057 KU Macroeconometrics (MA)                                                                                      

(4 hours per week, 8 ECTS)

 

Time and location:

Monday, 18:30-20:00, HS8

Friday, 13:15-14:45, HS8

 

Starts: March 4, 2022

 

 

The course focuses on econometric methods that are used in applications to aggregate macroeconomic data. The course consists of the following main building blocks:

 

1. Univariate Time Series (ARMA processes, stationarity and unit roots, testing for unit roots, estimation of ARMA, model selection, prediction, autoregressive conditional heteroskedasticity, nonlinear univariate models)

 

2. Multivariate Time Series (Dynamic models with stationary variables, models with integrated variables, spurious regression, cointegration, vector autoregressions, impulse response, vector error-correction models)

 

3. Macroeconomic Panel Data (dynamic linear panels, panel time series)

 

Literature: Verbeek: A Guide to Modern Econometrics (Wiley, 4th edition), Chapters 8-9, 10.1-10.6.

 

The evaluation is based on three components: midterm test (35%), final test (35%), and an empirical project (30%). The empirical project consists of writing a short paper, presenting own results and discussing the work of fellow students. Dropping the course without a grade is possible on request (please contact me) before the midterm. Passing the course requires both at least 50% of the maximum achievable points and attendance at the midterm test.

Dates for all tests are convened in class. Approximate dates may be after Easter (midterm) and in early June (finals).

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040256 KU Panel Data Econometrics (MA)

(4 hours per week, 8 ECTS)

 

Time and location:

Monday, 11:30-13:00, HS5

Wednesday, 13:15-14:45, HS17

 

Starts: March 2, 2022

 

The course introduces participants into the econometric methods that are currently used in analyzing panel data. It has the following main building blocks:

 

1.      Models for panel data (fixed and random effects, one-way and two-way, estimation)

2.      Tests (poolability, Hausman test, autocorrelation, heteroskedasticity)

3.      Dynamic panels (Nickell bias, instrumental variable estimation, generalized method of moments)

4.      Panel tests for unit roots, panel cointegration

 

Literature:

Baltagi, B.: Econometric Analysis of Panel Data

Hsiao, C.: Analysis of Panel Data

 

Assessment is based on two components: two written tests (30% each) and an empirical project (40 %). The empirical project consists of writing a short paper, presenting own results and discussing the projects of fellow students. Dropping the course without a grade is possible on request (please contact me) before the first test. Passing the course requires both at least 50% of the maximum achievable points and attendance at the first written test.

Dates for all tests are convened in class. Possible time slots for such tests may be after Easter (midterm) and in early June (finals).

 

 

Courses in the winter semester 2021

(are now history but one course remains active for the current semester)

 

040216 VO Macroeconomics (MA)

 

VO (2 hours per week, 4 ECTS)

 

Language of instruction: English

 

Time and location:

Monday, 13:15-14:45

Because of the current regulations, this course is done virtually (here, they call this “digitally”).

 

Starts: October 4, 2021

 

Course description: The course covers topics in the realm of macroeconomics that will help students understand and analyze the macroeconomic performance of countries both in the long run and at business-cycle frequencies.

This lecture course reviews material on macroeconomics that participants know from their bachelor studies and aims at deepening this knowledge. The textbook "Macroeconomics: Institutions, Instability, and the Financial System" (Wendy Carlin & David Soskice; Oxford University Press) serves as the main literature for this course. Topics to be covered are:

 

1.      The demand side of the economy

2.      The supply side of the economy

3.      Monetary policy and the three-equations model

4.      Banking and money

5.      The open economy

6.      Demand and supply in the open economy

 

If time constraints are encountered, section 4 will be skipped.

 


Course descriptions for past semesters can be accessed by links beneath this line:

 

                                                                        Winter semester 2021

Summer semester 2021                                 Winter semester 2020

Summer semester 2020                                 Winter semester 2019

Summer semester 2019                                 Winter semester 2018

Summer semester 2018                                 Winter semester 2017

Summer semester 2017                                 Winter semester 2016

Summer semester 2016                                 Winter semester 2015

Summer semester 2015                                 Winter semester 2014

                                                                        Winter semester 2013

Summer semester 2013                                 Winter semester 2012

Summer semester 2012                                 Winter semester 2011

Summer semester 2011                                 Winter semester 2010

Summer semester 2010                                 Winter semester 2009

Summer semester 2009

Summer semester 2008                                 Winter semester 2007

Summer semester 2007                                 Winter semester 2006

Summer semester 2006                                 Winter semester 2005

Summer semester 2005                                 Winter semester 2004

Summer semester 2004                                 Winter semester 2003

Summer semester 2003                                 Winter semester 2002


 

Since 2012, course grades do not appear on these pages, for reasons of data protection. Participants are always informed via e-mail.

 

Grades from the era before 2012 can be accessed here.

 



News

 

No office hours on Tuesday, May 17, because of a clash of commitments. Kindly contact me via e-mail if you are interested in office hours.

 

Regarding the continuing coronavirus problem, of course I am obliged to follow the rules and instructions that are being announced for the whole university. Virtual meetings with students are possible, I suggest using skype. Whereas distance teaching can be an interesting challenge, distance examinations by construction do not really satisfy. I hope that tests and exams in presence at the university will remain with us.


General information for all courses


If you have any paper material for me (such as homework assignments or forms), please leave it with our administration. Never leave any material with other faculty.

 

In case you cannot attend a test (not an exam; there are special regulations for no-show at exams) for important reasons or you are unable to be present at any other dated event within a course, please give me notice via e-mail immediately. I expect such notifications to arrive within three days after the event that you missed.

 

Course information for 040057 KU Macroeconometrics

·         In the first unit on March 4, the date for the first test was convened for May 2, 2022.

·         In the unit on March 18, the date for the second test was convened for June 3, 2022.

·         The unit on April 1 was canceled due to a clash of commitments. It will be replaced by a virtual video (voice-over) session.

·         The unit on April 8 unfortunately was canceled due to unforeseen circumstances. Similar remarks concerning replacement again apply.

·         The first test has taken place on May 2. Students have been informed on their performance via e-mail.

·         Those who did not attend the first test are asked to contact me regarding whether they want to continue with the course.

 

                                                                                                         

Course information for 040256 KU Panel Econometrics

·         In the first unit on March 2, the date for the first test was convened for April 27, 2022.

·         In the unit on March 16, the date for the second test was convened for May 30, 2022.

·         The course material of concern for the first test on April 27 is covered by the slide sections #1 and #2.

·         The first test has taken place on April 27. Students have been informed on their performance. Those who did not attend are asked to contact me regarding whether they want to continue with the course.

 

 

Course information for 040216 VO Macroeconomics

 

·         All sessions were recorded and are available on the Moodle system. There you also find the slides for the course. These slides define the material that is relevant for exams.

·         Due to a clash in commitments, there was no course unit on December 6. It was substituted by two shorter asynchronous videos later.

·         First exam date: exam has been written. Exam has been graded.

·         Second exam on March 2: exam was in presence at the university building. Exam has been graded.

·         Third exam on April 27: exam was in presence at the university building. Exam has been graded.

 

 

 

 

Link to course material for WS 2021, for reference

 

Link to course material for SS 2021, for reference

 

Link to course material for WS 2020, for reference

 

Link to course material for SS 2020, for reference

 

Link to course material for WS 2019, for reference

 

Link to course material from SS 2019, for reference

 

Link to course material from WS 2018, for reference

 

Link to course material from SS 2018, for reference

 

Link to course material from WS 2017, for reference

 

Link to course material from SS 2017, for reference

 

Link to course material from WS 2016, for reference

 

Link to course material from SS 2016, for reference

 

Link to course material from WS 2015, for reference

 

Link to course material from SS 2015, for reference

 

Link to course material from WS 2014, for reference

 

Link to course material from SS 2013, for reference

 

Link to course material from WS 2012, for reference

 

Link to course material from SS 2012, for reference

 

Link to course material from WS 2011, for reference


Link to course material for past courses, for reference