Apec 8703 Lecture #9
Risk And Insurance: Empirical Studies from
Developing Countries
I. Introduction
Lecture 8 described how, in theory, insurance and credit
markets allow rural households to smooth consumption.
Does this really happen? This lecture exami
Applied Economics 8703
Lecture #17: Education, Part 2: Empirical Studies
of Determinants of Learning and Years in School
I. Introduction:
Lecture 16 examined two models of the determinants
of years in school (S) and the skills learned while in
school (A).
Applied Economics 8703: Lecture #4
Rural Land Markets in Developing Countries (Part I)
I. Introduction
In rural areas of developing countries, land is:
The most important productive asset (with the
possible exception of labor)
Often the most important f
Applied Economics 8703
Lecture #13: Fertility, Population Growth and
Gender Issues
I. Overview of Current Trends in Population Growth
Population growth began increasing in
Europe in the 1700s, but still never
exceeded 1% per year.
In the mid 20th centur
Applied Economics 8703
Lecture #16: Education, Part 1: Economic Models
I. Introduction:
Education is both an objective of economic
development, and a means for attaining other
objectives.
The most important form of education is formal
schooling.
Educat
Applied Economics 8703
Lecture #14: Child Health and Nutrition in
Developing Countries
This lecture will focus primarily on child health and
nutrition. Lecture #15 will focus on adult health.
I. Introduction
In many developing countries, a large fraction
Applied Economics 8703: Lecture #6
Models of Credit Markets in Rural Areas of
Developing Countries
I. Overview of Rural Credit Markets
Most farming households in developing countries
have low incomes, and thus have little or no savings.
Without savings, t
Apec 8703 Lecture #10
Agricultural Input Markets in Developing Countries
I. Introduction
Farmers need to purchase many types of non-labor inputs
(seeds, fertilizer, herbicides, etc.) and also to sell some or
all of their outputs. In an ideal world, input
Applied Economics 8703
Lecture 2: Agricultural Household Models
I. Introduction
To understand behavior in rural areas of developing
countries, economists use models of behavior similar
to those they use in other contexts. These models
may seem unrealistic
ApEc 8212 Applied Econometrics - Lecture #28
Time Series Analysis VII: Trends in Time Series Data
(Enders, Chap. 4, Sections 1-7)
I. Deterministic and Stochastic Trends
In general, stochastic difference equations have 3 parts:
yt = trend + stationary comp
ApEc 8212 Econometric Analysis - Lecture #18
Density Estimation and Nonparametric Regression
Cameron and Trivedi, Chapter 9, Sections 1 - 6.
I. Introduction
Narrow-minded linear models, that is linear models
without higher ordered (e.g. squared) or intera
Applied Economics 8703
Lecture 3: Rural Labor Markets
I. Introduction
We saw in Lecture 2 that the separability property of
the agricultural household model may not hold if
labor markets are not perfect. This lecture provides
a brief overview of common pr
Applied Economics 8703
Lecture #20: Labor Markets and Migration in
Developing Countries
I. Introduction
As a countrys economy develops, the share of
people working in agriculture declines and the share
working in manufacturing and services grows.
Agricult
Applied Economics 8703 Lecture #11
Reading advice: Sen (1973), focus on chapters 2 & 3,
esp. 2. Foster & Sen (1997) focus on sects. A.2 - A.6.
Inequality and Poverty: Concepts and Measurement
I. Introduction
In every country, developed and developing, inc
Applied Economics 8703 Lecture #7
Rural Credit Markets, Part II: Empirical Studies
I. Introduction
This lecture examines three recent empirical studies
that examine credit markets in rural areas of
developing countries. The first two focus on the
Grameen
Applied Economics 8703
Lecture #18: Education, Part 3: Empirical Studies
of the Impact of Health on Education Outcomes
I. Introduction:
Efforts to find school and teacher characteristics that
have strong impacts on time in school (S) and student
learning
Applied Economics 8703
Lecture #15: Adult Health in Developing Countries
I. Introduction: Health has many different
dimensions. Specific topics that attract interest are:
Infant and child mortality (define the rates)
Adult mortality
Infectious diseases
In
Apec 8212 Econometric Analysis Lecture #20
Program Evaluation 1: Estimating Program Impacts
when Unconfounded Assignment Holds
(Wooldridge, Chapter 21, Sections 1-3)
I. Introduction
Researchers and policymakers often want to know whether
a certain governm
ApEc 8212 Econometric Analysis - Lecture #8
Simultaneous Equation Models (Wooldridge, Ch. 9)
I. Introduction
This is the last lecture on systems of equations (not
counting future lectures on panel data). Simultaneous
equation models are systems of equatio
ApEc 8212 Econometrics Analysis - Lecture #2
Review of Asymptotic Theory (Wooldridge, Chap. 3)
This lecture reviews basic results in asymptotic
theory, which most of you have seen before in some
form (Appendix D of Greene, 2012).
This material is not very
ApEc 8212 Econometric Analysis - Lecture #9
Panel Data I: Fixed Effects and Random Effects
(Wooldridge, Chapter 10)
I. Introduction to Panel Data
Panel data are repeated observations on the same
unit over time. They are useful for several reasons.
First,
ApEc 8212 Econometric Analysis - Lecture #19
Semiparametric Estimation of Partially Linear,
Discrete Choice, and Selection Models
(Cameron & Trivedi: 9.7, 14.7 and 16.9;
Pagan and Ullah, Chapters 5, 7 and 8)
I. Introduction
This lecture explains how to es
ApEc 8212 Econometric Analysis II Lecture #3
Review of Linear Models and OLS Estimation
(Wooldridge, Chapter 4)
This lecture will review much of the material you had
in Apec 8211, but in a way that will prepare you for
topics that will be covered this sem
ApEc 8212 Econometric Analysis II - Lecture #12
Maximum Likelihood Estimation (MLE)
Reading: Wooldridge, Chapter 13 (Sections 1-8)
I. Introduction
Maximum likelihood estimation (MLE) methods are
one type of M-Estimation method. In linear models,
it is rar
ApEc 8212 Econometric Analysis - Lecture #6
Estimating Systems of Equations by OLS and GLS
I. Introduction and Examples
Sometimes we want to estimate more than one
equation, and the equations we want to estimate are
closely related. OLS and GLS estimation
ApEc 8212: Econometric Analysis II - Lecture #4
Instrumental Variables (Part 1)
Instrumental variable (IV) methods are used to deal
with problems of omitted variable bias, measurement
error and simultaneity. They are used very often in
applied econometric
ApEc 8212 Econometric Analysis - Lecture #17
Bootstrap Methods (Cameron and Trivedi, Ch. 11)
I. Introduction
Bootstrapping is a very general approach to
estimate a wide variety of statistics that we might be
interested in. It is often referred to as a res
ApEc 8212 Econometric Analysis - Lecture #10
Panel Data II: Additional Topics (Wooldridge, Ch. 11)
I. Introduction
This lecture examines five additional topics regarding
panel data models:
1. Generalized Method of Moments (GMM)
Estimation of Panel Data Mo
ApEc 8212 Econometric Analysis II - Lecture #14
Discrete Choice Models
(Wooldridge, Chapter 15 (Sects. 1-6, 8) & Chapter 16)
I. Introduction
There are many situations in which the dependent
variable y takes only two values, such as 0 or 1:
1. Employment a