ECS575 A Crash Course in Design-Based Econometrics

• Topics

  A recent econometric literature has clarified key conceptual differences between "design-based" identification strategies, which leverage a specification of counterfactual exogenous shocks, and strategies that instead leverage restrictions on model unobservables (e.g. the popular "parallel trends" restriction). This course will review this literature and its main practical implications for empirical work. Topics will include design-based identification with formula (e.g. shift-share) instruments and treatments, negative weights in regression analysis, tricks to characterizing instrument compliers, and how a design-based approach can relax identifying assumptions in structural estimation.

• Learning outcome

  Knowledge

  Upon completion of this course, the student can:

  • explain the practical implications when using design-based identification designs such as shift-share and identification designs based on parallel trend restrictions
  • interpret how a design-based approach can relax identifying assumptions in structural estimation

  Skills

  Upon completion of this course, the student can:

  • apply both design-based identification strategies and strategies that leverage restrictions on model unobservables in a practical setting

  General competence

  Upon completion of this course, the student can:

  • use practical tools for empirical work
  • communicate and discuss the relevant research with a peer audience

• Teaching

  The course consists of four days of lectures and sessions for the students to present their own research.

• Restricted access

  • PhD candidates at NHH.
  • PhD candidates at Norwegian institutions.
  • PhD candidates at other institutions.
  • PhD candidates from the ENGAGE.EU alliance.

  For more information about the application process, please visit our webpage:https://eur02.safelinks.protection.outlook.com/?url=https%253A%252F%252Fwww.nhh.no%252Fen%252Fstudy-programmes%252Fphd-programme-at-nhh%252Fphd-courses%252Fbecome-a-visiting-student-at-a-phd-course-at-nhh%252F&data=05%257C02%257CMaj-Brit.Iden%2540nhh.no%257Cd445423fb5d04dc1956a08dc95aca3d9%257C33a15b2f849941998d56f20b5aa91af2%257C0%257C0%257C638549815913057205%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C0%257C%257C%257C&sdata=YdArZPbZRLObzr3I%252BxzKlbCOcFj6VGvptteJ3AE%252BJZA%253D&reserved=0

  https://www.nhh.no/en/study-programmes/phd-programme-at-nhh/phd-courses/become-a-visiting-student-at-a- phd-course-at-nhh/ (copy url)

• Recommended prerequisites

  None

• Required prerequisites

  None

• Credit reduction due to overlap

  None

• Compulsory Activity

  Participation in class.

• Assessment

  Individual assignment. The students will have two weeks to complete the assignment.

• Grading Scale

  Pass/fail

• Literature

  The complete reading list will be published in Leganto.