AØKA08220U Summerschool Applied Economics NEW!

Volume 2014/2015
Education

BSc in Economics
MSc in Economics

Content

The main objective is to introduce the main tools in the field of applied economics, with applications to the economics of crime, political economy, and labour economics.

Learning Outcome
  • Introduction to causal relationships.

  • Impact evaluation. Randomization, difference-in-differences, propensity score matching, regression discontinuity.

  • Labor Economics.

  • Political Economy.

  • Economics of Crime.

Syllabus:

1. Introduction to causal relationships:

  • J. Wooldridge (2002). Econometric Analysis of Cross Section and Panel Data, MIT Press. Chapter 1.

  • Paul W. Holland (1986). “Statistics and Causal Inference.” Journal of the American Statistical Association 81, 945-970.

  • Joshua Angrist and Jorn-Steffen Pischke (2008). “Mostly Harmless Econometrics: An Empiricists Companion.” Princeton University Press. Chapters 1 and 2.

2. Impact evaluation. Randomization, difference-in-differences, propensity score matching, regression discontinuity:

  • Esther Duflo, Rachel Glennerster, and Michael Kremer (2006). “Using Randomization in Development Economics Research: A Toolkit”. NBER Technical Working Paper No. 333.

  • Petra Todd (2006). “Evaluating Social Programs with Endogenous Program Placement and Selection of the Treated.” Handbook of Agricultural Economics, Volume 4, North Holland, edited by Robert E. Evenson and T. Paul Schultz.

  • Joshua Angrist and Jorn-Steffen Pischke (2008). “Mostly Harmless Econometrics: An Empiricists Companion.” Princeton University Press. Chapter 6.

3. Labor Economics:

  • Ernesto Dal Bó, Fred Finan, and Martín Rossi (2013). “Strengthening State Capabilities: The Role of Financial Incentives in the Call to Public Service.” Quarterly Journal of Economics 128 (3), 1169-1218.

  • Florencia López Bóo, Martín Rossi, and Sergio Urzúa (2013). “The Labor Market Return to an Attractive Face: Evidence from a Field Experiment.” Economics Letters 118 (1), 170-172.

  • Martín Rossi and Christian Ruzzier (2015). “Career Choices and the College Gender Gap.” UdeSA Working Papers.

4. Political Economy:

  • Ernesto Dal Bó, Pedro Dal Bó, and Jason Snyder (2009). “Political Dynasties.” Review of Economic Studies 76 (1), 115-142.

  • Ernesto Dal Bó and Martín Rossi (2011). “Term Length and the Effort of Politicians.” Review of Economic Studies 78 (4), 1237-1263.

  • Martín Rossi (2014). “The Impact of Individual Wealth on Posterior Political Power.” Journal of Economic Behavior & Organization 106, 469-480.

5. Economics of Crime:

  • Sebastián Galiani, Martín Rossi, and Ernesto Schargrodsky (2011). “Conscription and Crime: Evidence from the Argentine Draft Lottery.” American Economic Journal: Applied Economics 3, 119-136.

  • Ignacio Munyo and Martín Rossi (2013). “Frustration, Euphoria, and Violent Crime.” Journal of Economic Behavior & Organization 89, 136-142.

  • Ignacio Munyo and Martín Rossi (2015). “First-Day Criminal Recidivism.” Journal of Public Economics, forthcoming.

The participant is expected to have taken a course in econometrics corresponding to Econometrics B and Econometrics C.
A session consisting of 3 lecture-hours every working day from the 27th of July to the 6th of August, 9-12.30. There will be exercise classes of 2-3 hours in the afternoon during the two weeks.

The course includes lectures on econometrics tools, lectures on applications of these econometrics tools, and 4 days of exercise classes aimed at introducing the student to the use of STATA.

Timetable and classroom:
For time and classroom please press the link under "Se skema" (See schedule) at the right side of this page (15E means 2015 Efterår (Autumn)) or at this link (partly in English):
https:/​/​skema.ku.dk/​KU1516/​reporting/​textspreadsheet?objectclass=module&idtype=id&identifier=50100&t=SWSCUST+module+textspreadsheet&days=1-5&weeks=1-26&periods=1-68&template=SWSCUST+module+textspreadsheet
  • Category
  • Hours
  • Class Exercises
  • 10
  • Exam
  • 48
  • Lectures
  • 31,5
  • Preparation
  • 116,5
  • Total
  • 206,0
Credit
7,5 ECTS
Type of assessment
Written assignment, 48 hours
A individual 48-hours take-home assignment in English that has to be uploaded to Absalon.
Exam registration requirements

The student is required to assist to 75% of the lectures, and to hand in 75% of the problem sets.

Aid
All aids allowed
Marking scale
7-point grading scale
Censorship form
External censorship
100 % censurship
Exam period

From 1000 hrs on August 15 to 100 hrs on August 17. 2015

Re-exam

Same as ordinary.

Criteria for exam assesment

The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.