Lab Session 1

· The Structure of Economic Data

· Organizing your data

· Working with the data –useful tools before doing econometrics

o Growth Rates

o Real and Nominal Values

o Index Numbers

o Incidence formulas

o Correlation Tables

o Event Analysis

Lab Session 2

· Introduction to STATA 1

o Storing data and files

· Introduction to STATA 2

o Describing your data

· Introduction to STATA 3

o Data management

Datasets: testdata.xls

Lab Session 3

· Introduction to STATA 3 (cont’)

o Data management

· Linear Regression

o OLS

o Functional forms and coefficient interpretation (logs, levels, etc.)

o Data Scaling

· Correcting for Heteroskedasticity

Lab Session 4

· Corrections for Endogeneity (Instrumental Variable regression).

· Time Series setup

o Correcting for autocorrelation

· Panel Data setup