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Unit of study_
ECMT6007: Analysis of Panel Data
Recently, empirical research in economics, finance, marketing and accounting has been enriched by the increasing availability of new sources of data, known as panel data. A 'panel' refers to the pooling of observations on a cross section of households, countries, firms etc. over several time periods. Panel data sets possess several major advantages over conventional cross-sectional or time series data sets. This unit aims to offer a comprehensive treatment of the analysis of panel data, which will allow students to deal in a pragmatic way with fundamental issues, such as controlling for individual heterogeneity, reducing collinearity among regressors, addressing statistical hypotheses and identifying effects that are simply not detectable in pure cross-section or time series data.
| Code | ECMT6007 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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ECMT6002 or ECMT6702 |
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Corequisites:
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None |
| Prohibitions:
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None |
At the completion of this unit, you should be able to:
- LO1. understand the models and econometric methods extensively used in analysis of panel data
- LO2. critically evaluate existing empirical studies of panel data from economics and other fields
- LO3. implement empirical projects using panel data and clearly demonstrate the ideas.
Unit outlines
Unit outlines will be available 1 week before the first day of teaching for the relevant session.
- Semester 1, 2023 [Normal day] - Camperdown/Darlington, Sydney
- Semester 1, 2023 [Normal day] - Remote
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