B
University of British Columbia
Economics 326
Term 2 20102011
Prof. Sakata
Midterm Exam
Date: Thursday, February 10
Instruction:
(a) This is a closedbook exam. Put away everything but pens, pencils, erasers, and an arithmetic calculator.
(b) Write your
Econ 326002: Suggested Solution to Midterm Exam, Winter
2011/2012
Florian Homann
Question 1
(a) The interpretation of the estimated intercept is that individuals with mothers that do not have any
formal education have 10:36 years of schooling. Less than
Economics 326 L002
Winter 20112012
Methods of Empirical Research in Economics
Florian Hoffmann
MIDTERM EXAMINATION
February 16, 2011
Duration: 70 Minutes
General Instructions:

Write down your name and student number on every exam booklet you are using.
Econ 326001: Suggested Solution to Midterm Exam, Winter
2011/2012
Florian Homann
Question 1
(a) The interpretation of the estimated intercept is that individuals with zero income consume 124:84 CAD
of goods. This of course is impossible since consumption
Economics 326 L001
Winter 20112012
Methods of Empirical Research in Economics
Florian Hoffmann
MIDTERM EXAMINATION
February 16, 2011
Duration: 70 Minutes
General Instructions:

Write down your name and student number on every exam booklet you are using.
Econ 326002: Suggested Solution to Midterm 1, Winter
2010/2011
Florian Homann
Question 1 (a) ^ 1 = 13:67 ) an individual whose father has 1 more year of education compared to
another individual earns, on average, 13:67 cents per hour more.
13:67
(b) T
1:
Economics 326 L002
Winter 20102011
Methods of Empirical Research in Economics
Florian Hoffmann
MIDTERM EXAMINATION
February 24, 2011
Duration: 75 Minutes
Question 1 (45 Points)
Suppose that we are interested in the relationship between the wage of an ind
Econ 326 (Instructor: Florian Homann)
Empirical Project 1
The due date for this empirical project is Tuesday, March 5, 2013. You may work
in groups, but every student needs to hand in a separate assignment. Stata code
and output need to be attached to the
Economics 326
Methods of Empirical Research in Economics
Lecture 6: Mechanics of the Multiple Regression
Model  Estimation and FrischWaugh Theorem
Florian Homann
University of British Columbia
February 27, 2013
Multiple linear regression model
I
The eco
Economics 326
Methods of Empirical Research in Economics
Lecture 5: Omitted Variable Bias and Multivariate
Regression
Florian Homann
University of British Columbia
February 7, 2013
Estimating Causal Relationships
I
I
I
In econometrics we are usually inter
Economics 326
Methods of Empirical Research in Economics
Lecture 4: Distributional Properties of the
OLSEstimator
Florian Homann
University of British Columbia
January 30, 2013
OLS and MMestimator
I
The OLSestimator of ( 0 , 1 ) for the simple linear r
Economics 326
Methods of Empirical Research in Economics
Lecture 3b: Introduction to the Theory of
Estimation
Florian Homann
University of British Columbia
January 21, 2013
Introduction
I
In the review of probability we have discussed concepts such
as pro
Economics 326
Methods of Empirical Research in Economics
Lecture 3: Simple Linear Regression and OLS
Florian Homann
University of British Columbia
January 18, 2013
Introduction
I
The simple linear regression model is used to study the
relationship between
Economics 326
Methods of Empirical Research in Economics
Lecture 2: Review of Probability
Florian Homann
University of British Columbia
January 9, 2013
Summation operator
I
In econometrics we will frequently encounter sums of data.
I
Example: Suppose n st
Economics 326
Methods of Empirical Research in Economics
Lecture 1: Introduction
Florian Homann
University of British Columbia
January 9, 2013
What is Econometrics?
I
Econometrics is concerned with the development of statistical
methods for:
I
Estimating
Econ 326, Section 002
Methods of Empirical Research in Economics
Term 2, 20122013
Instructor: Florian Homann
O ce: Buchanan Tower 921
phone: (604)8224792
email:
orian.homann@ubc.ca
Course Information: Accessible online via UBC Vista
Time and Location:
Econ 326, Section 001
Methods of Empirical Research in Economics
Term 2, 20122013
Instructor: Florian Homann
O ce: Buchanan Tower 921
phone: (604)8224792
email:
orian.homann@ubc.ca
Course Information: Accessible online via UBC Vista
Time and Location: