Corporate Finance

CC 502 Applied Econometrics

Steffen Reinhold

University of Mannheim

September 12, 2012

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

1 / 47

Preliminaries

About me

Studied at the FU Berlin, Diplom-Volkswirt (2003) Ph.D. in Economics (2007) from the Johns Hopkins University Post-Doc at the MEA from 2007-2011 Assistant Professor for Empirical Economics Research interests: applied econometrics, health economics.

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

2 / 47

Preliminaries

About me

Contact

Steffen Reinhold L7, 3-5 68131 Mannheim Office 4.19 Phone: 181-3505 e-mail: reinhold@uni-mannheim.de

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

3 / 47

Preliminaries

Recommended literature

Main text: Stock, James H. and Mark W. Watson (2012). Introduction to Econometrics, 2nd edition. Pearson, Addison Wesley.

Lecture notes are based on this text.

More advanced: Wooldridge, Jeffrey M. (2003). Introductory Econometrics, 2nd edition. Thomson, South Western.

Newer or older editions are fine!

Empirical examples draw from Accounting, Corporate Finance, and Marketing.

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

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Preliminaries

Recommended literature

Requirements

Some familiarity with fundamental concepts in math and statistics helps But we will review fundamental concepts in the first two weeks Problem sets: please try to solve them on your own before the exercise section “Applied” Econometrics: will have some sessions in the computer pool to get you familiarized with econometric software packages (Stata)

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

5 / 47

Preliminaries

Why Econometrics?

Reinhold ( University of Mannheim )

Applied Econometrics

September 12, 2012

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Preliminaries

Why...