ECON 6022 AB
Problem Set 4
November 19, 2016
DUE: 2:30 pm, Wednesday, December 7, 2016. Please turn in your solutions in hard copies in the mailbox
of ECON6022 at KKL 9th floor. Late problem sets will NOT be accepted.
Problem Set 3
November 19, 2016
A change in the willingness to work in the general equilibrium
real business cycle model
Q2, Chapter 8, Macroeconomics: A modern approach, Robert Barro, Page 199.
Suppose that house
MATLAB on the SLAB server
In order to use Matlab on slab server (on- campus only), you need to take the following steps:
Connect to the HKU Campus Network using HKU VPN2fa
Connect to the server through the SSH connection
Chapter 6. Introduction to Statistical Inference
The objective of statistics is to infer (characteristics of) the underlying probability law from
observed data, and then use the obtained knowledge to explain what has happened (i.e., internal
Chapter 4. Maximum Theorem, Implicit Function Theorem
and Envelope Theorem
This chapter will cover three key theorems: the maximum theorem (or the theorem of maximum), the implicit function theorem, and the envelope theorem. The maximum theorem studies
Chapter 5. Introduction to Probability Theory
This chapter introduces some elementary probability theory which is the base of statistical
inference in the next chapter. Related materials are Chapter 1-5 of Casella and Berger (2002) and
Appendix B of Hanse
Chapter 1. Point-Set Topology and Calculus
This course will review basic mathematical tools used in microeconomics, macroeconomics and
econometrics. Some popular resources on the materials in this course include Rudin (1976), Dixit
(1990), Simon and Blume
Problem Set 3cfw_noncredit: MEcon6021
Deadline: Before 5pm on Nov. 18th, 2016.
Submission Channels: Paper version encouraged. You may also email to TA before the deadline.
Format: type-and-print version is encouraged. Handwriting version is acc
Econ6001: Applied Econometrics, Fall 2016
Due date: 21th Nov. 2016; 6pm.
Do not copy and paste the answers from your classmates. Two identical
homeworks will be treated as cheating. Do not copy and paste the entire output
of your statistical p
Review & Stata code for
Panel and IV regs
The clustered standard error
Course slides Ch6 P25
Add dummies when there are not too much entities. (e.g.
Course slides Ch6 P26
Course slides Ch6 P44-58
LS Assumptions changes for Panel Data
Money and Inflation
Chapter 7 Money and Inflation
Demand for Money: the quantity of monetary assets people choose to hold.
In our treatment of money as an asset we need to briefly discuss three aspects of any
1. Expected Return: Wea
Oct 22, 2016
INSTRUCTIONS: Points for each sub-question are indicated in the brackets. Explanations and formulas are expected. Therefore, answers without explanations will lose most of the points (the same for th