ECONOMETRICS LABORATORY

The Econometrics Laboratory aims to provide students with the basic tools of econometric practice, it offers the necessary training to properly deal with economic data, interpret them and measure the possible interrelations suggested by economic and financial theories.
The Econometrics Laboratory is a valid complement to the Econometrics course.

The Laboratory focuses on the revision of basic elements of econometrics and on the construction of an econometric model by using economic and financial data of the current economy.
It is expected that students, through individual study and group work, will be able to process economic data, extracting the relevant synthetic information contained therein.
An important aspect is the help given to the student for the choice of an economic topic of his interest, tutoring him during the statistical analysis and the construction of the econometric model.

The knowledge at the elementary level of the theory of estimation and hypothesis testing

Steps for the specification, estimation and use of an econometric model:
-Building data base, data sources. Descriptive analysis of data: empirical distribution, simple and partial correlogram.
-Introduction to the Eviews program: relevant operations
- Analysis of stationarity: tests for the presence of unit roots
-Use of an estimated model as a guide to develop the theoretical contents concernanaing: estimation of regression coefficients and their significance, residual diagnostics, selection of regressors. Applications of the estimated model
-Specification of a model in ECM form by using economic or finance of current economy.

Teacher's lecture notes.
Johnston J., Econometric Methods,1984, McGraw-Hill, N.Y.,USA

Presentation of an empirical econometric model supported by a written paper. Attendance of at least 70% of the lessons and participation in at least 5 seminars organized by this purpose. Attendance certification takes place with the signature of a lesson attendance sheet per lesson

Lectures and practical assistance for the specification of an econometric model

Italian

written and oral