• Courses
  • ECON
  • ECON 245F

    • Generalized Method of Moments and Instrumental Variables . ECON 245F

    We begin by introducing the generalized method of moments, and overidentification tests. We then discuss instrumental variables, a quasi-experimental methodology to estimate treatment effects. Under the assumption that the treatment effect is constant, the generalized method of moments can be used for estimation with instrumental variables, and overidentification tests can be used to test instruments? validity. In a model with heterogeneous effects, overidentification tests break down, but two-stage least squares regressions can be used to identify the treatment effect among units that comply with the instrument. Finally, we discuss recent developments in the instrumental variable literature.

    Login to add to schedule
    Prerequisites: Second year Ph.D. in Economics graduate student standing.

    2

    Units

    Letter

    Grading

    1, 2, 3

    Passtime

    Graduate students only

    Level Limit

    Letters and science

    College
    These majors only econ
    Instructors
    FARRELL M
    No info found
    Lecture
    NH 2111
    M W
    12:30 PM - 13:45 PM
    2 / 15
    Enrollment Trends
    Grading Trends (1)
    ECON 245F De Chaisemart Winter 2021 Total: 17
    You Might Also Like
    ECON 210B
    1 / 10 Enrolled
    Game Theory
    Eyster E
    T R
    14:00 PM - 15:15 PM
    ECON 215B
    1 / 15 Enrolled
    Bounded Rationality
    Yang Jeff
    T R
    08:00 AM - 09:15 AM
    ECON 230A
    2 / 15 Enrolled
    Public Economics I
    Ted Bergstrom 2.1
    M W
    14:00 PM - 15:15 PM
    ECON 241B
    0 / 10 Enrolled
    Econometrics
    Doug Steigerwald 2.9
    M W
    14:00 PM - 15:15 PM
    ECON 245L
    1 / 15 Enrolled
    Nonparametric Econometrics
    Gonzalo Vazquez-Bare 2.2
    M W
    12:30 PM - 13:45 PM
    ECON 278C
    1 / 15 Enrolled
    Individual Decision Making in the Laboratory
    Yang Jeff
    T R
    08:00 AM - 09:15 AM