Coming soon
APPLIED ECONOMETRICS -II
1. To acquaint the students with the use of software EViews in the case of dummy variables, panel data and estimation of autoregressive models.
2. To develop an understanding of the use of EViews for testing of stationarity, granger causality tests and forecasting with ARIMA model.
3. To appraise the students with the estimation of simultaneous equations model by software EViews.
Illustration of the use of dummy variables, Chow test, Estimation of Logit and Probit Models, computation of Marginal Effects.
Estimation of the Koyck Model and its interpretation, Estimation of Partial Adjustment Model and its interpretation.
Organising data, obtaining series for fixed/random effects, Fixed Effects testing, estimating Random Effects Model, choosing between FEM and REM, interpretation of results.
Stationarity tests, estimation of Cointegrating Regression and the ECM, ARIMA (BJ) Forecasting, evaluation of forecasts, Estimation of VAR model, testing Granger Causality in VAR model, forecasting with VAR model, testing of ARCH effect, graphical presentation of volatility clustering.
Application of Indirect Least Squares, Application of Two-Stage Least Squares and interpretation.
1. Bhaumik, S.K., Principles of Econometrics- A Modern Approach using EViews, Oxford University Press, 2015.
2. Cameron, A.C. &Trivedi, P.K.-Microeconometrics Using Stata, 2009. A Stata Press Publication, StataCorp LP, Texas.
1. Gujarati, Damodar, N., Porter, Dawn C. and Pal, Manoranjan, Basic Econometrics, McGraw-Hill Education, 2021.
2. Dougherty, Christopher, Introduction to Econometrics, Oxford University Press, 2011.
