Econometrics: weeks 3-5 (February 18th to March 10th)

In weeks 1-2 we:

• Explained Lessons 1-2
• Provided an introduction to Gretl, using mainly the dataset: Simulated data 

The goals for weeks 3-5 are:

• Explaining Lessons 3.1 (Estimation) and 3.2 (Inference)
• Reviewing the practical materials Many least squares calculations done (almost) by hand and Weight vs. age for a sample of children
• We will do some applied work with the CEO compensation dataset (Wooldridge's ceosal2 dataset)

Following your suggestions, I added a new tab: Exámenes de cursos previos.

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Activities:

Revise some basic concepts of previous courses:

- Algebra: matrices and vectors, linear equations, matrix operations, inverse of a matrix
- Statistics: descriptive statistics (mean, variance, correlation,...), estimation, hypotheses testing

Download PQRS from this website. This free software does some useful things, among them, it substitutes statistical tables. PQRS does not need installation: you just download the .zip file, decompress it in any folder and run it "as is"

Solve the Exercise sheet #1

Graded personal homework

Send an e-mail to this address (last day for delivery: Friday 8th February). This message should:

• Summarize the results of previous activities
• Describe any doubts about the topics explained in class 
• Write a 400 words approx. summary of your personal analysis of the CEO compensation dataset

This e-mail will be assessed as part of the "active participation" item (10% of final grade). To facilitate processing the e-mails its important to respect the deadline and the delivery procedure (please use this email address). I would also help if all the text is included in the body of the message body, avoiding attachments whenever possible.