David Ribar, Ph.D.
Economics 721-11: Empirical Microeconomics
Syllabus:
Schedule and Lecture Materials:
March 23 Introduction and human subjects issues
March 25-30 Basic theories of life-cycle consumption
April 8 Fixed and random effects models
- Notes on life-cycle labor supply models (Macurdy 1981): [Download notes in PDF format]
- Econometric notes: [Download notes in PDF format]
April 13 Search models
April 15 Event-history econometric models
Homework:
- March 23 Go to Collaborative Institutional Training Initiative on-line site; register and complete human subjects course for social and behavioral research; turn in copy of training certificate (due March 30)
- April 6 Homework assignment #2 (due April 13)
- April 13 Homework assignment #3 (due April 20)
- April 27 Homework assignment #4 (due May 4)
Project:
- April 15 Project to analyze retirement behavior using the PSID (due May 18)
Other resources:
- Article critical summary template (in Word 97-03)
Data and programs:
- PSID 1968-87 food consumption and other data documentation.
- PSID 1968-87 food consumption and other data Raw Stata data file.
- Lab #2 program: Stata do file (program) to read PSID 1968-87 food consumption data, construct a longitudinal difference measure, and construct dummy variables lab2_long_cons_read.do.
- Lab #3 program: Stata do file to read 1968-87 food consumption and other data from the PSID, construct inflation adjusted food cons. measure, and illustrate fixed and random effects models lab3_long_cons_refe.do.
- Lab #5 program: Stata program to read 1968-87 longitudinal data from the PSID, construct spell information for the first observed non-left-censored marriage spell for each household, construct spell records and variables, and estimate continuous-time hazard models lab5_cont_haz.do.
- Lab #6 program: Stata program to read 1968-87 longitudinal data from the PSID, construct spell information for the first observed non-left-censored marriage spell for each household, construct spell records and variables, and estimate discrete-time hazard models lab6_disc_haz.do.