Data Analysis with Stata: Panel Models

Institution: see Organisers & Supporters

Programme of study: International Research Workshop

Lecturer: Prof. Dr. Timo Friedel Mitze (University of Southern Denmark)

Date: see Workshop Programme

Max. number of participants: 20

Credit Points: 5 CP for participating in the whole IRWS

Language of instruction: English

Contents: The one-day workshop is organized as a (basic!) introduction to the use of panel data in the different fields of business and social sciences. It is not meant as an expert course in advanced panel data modelling. Participants should take this into account before enrolling for the course.

Panel data (sometimes also referred to as longitudinal data) can be best described as the combination of cross-sectional and time-series information for individuals, firms, regions, countries etc. The main goal of the workshop is thus to provide participants with insights into why and when applied researchers can benefit from working with panel data. The course gives an overview of the different types of micro and macro models that are available for panel data estimation and shows how to properly estimate these models with the help of the statistical software package STATA. Examples of models covered are pooled OLS (POLS), random and fixed effects type models, REM and FEM, respectively, Difference-in-Difference estimation and panel event studies. On the fly, the workshop will show participants how STATA organizes panel data to use the above-described models effectively. Building on these basics, a brief outlook on more advanced panel data estimation techniques will be given.

Course Tools: Please bring your laptop computer. STATA can be installed at the beginning of the IRWS. Licences will be provided. Datasets and STATA ado-files will be provided ahead of the course and should be installed on the participants’ computers. A list of introductory readings will be provided to registered participants ahead of the course.

Exemplary Readings: Baltagi, B. Econometric Analysis of Panel Data. 3rd or higher edition, Wiley.