Course outline ECON 482: Applied Econometrics, Spring 2009 This is a seminar in applied econometrics. There are two parts to the course. The first eight weeks will be devoted to reading, while the rest will be devoted to writing. Contact information Brian Krauth WMC 3681 Email: bkrauth@sfu.ca Course website: http://www.sfu.ca/~bkrauth/econ482 (most course material is on WebCT). Telephone: 2-4438 (email is usually better) Office hours: Wednesday 11:00-12:00, 1:30-2:20 Readings and quizzes During the first 8 weeks of the term, we will be reading Inequality in America: What role for human capital policies? by Alan Krueger and James Heckman (KH). We will have weekly reading assignments from this book. During the first 20 minutes of class each Wednesday, we will have a quiz on the week’s reading. Quiz grades will account for 15% of your final grade. I will drop your lowest quiz grade. Attendance and participation This is a seminar course. Attendance and participation are both mandatory. Attendance accounts for 10% of your final grade. You get two “free” absences over the course of the term. You will lose 0.5 points (up to a maximum of 10) on your attendance grade for each class you miss beyond your two free absences. Participation is also mandatory and accounts for 10% of your final grade. I will take notes on your participation, and if you don’t voluntarily participate I will call on you. You can lose up to 0.5 participation points per day (up to a maximum of 10) if you are regularly unprepared or nonresponsive. Lectures and discussions Class time will be devoted to a combination of lectures and discussions. On Wednesdays we will go over the reading and determine what parts need further investigation. Sometimes this will involve me preparing a short lecture, and sometimes this will involve me assigning a student to investigate. Lecture notes will be posted on WebCT, though I cannot guarantee they will be available in advance of the lecture. Reports During the reading portion of the term, I will assign each student to investigate 2 or 3 questions raised by our reading. You will be asked to prepare a brief written report of your findings, and present the report in class. These reports will be due on Friday of the next week, although for short questions I may ask for the report earlier. During the writing portion of the term (i.e., beginning the week of March 11), we will begin a schedule of rotating progress reports on the term paper research. The quality and timeliness of your reports will account for 20% of your grade. Term paper As a class we will be writing a “book” titled Inequality in Canada: What role for human capital policies? Your term paper will be a section of the book. Topics will be assigned by me, in consultation with you, on Friday, March 6. A preliminary but serious draft of the term paper is due at noon on Friday, March 27. The quality and timeliness of the preliminary draft will account for 5% of your grade. The final draft is due at noon on Saturday, April 11 (this is the scheduled date for the final exam). The quality and timeliness of the final draft will account for 40% of your grade. Final exam There is no final exam. Online resources Course material will be accessible through WebCT. I will also ask for written assignments to be submitted through WebCT. Tentative schedule Date Wed 1/7 Fri 1/9 Wed 1/14 Fri 1/16 Wed 1/21 Fri 1/23 Wed 1/28 Fri 1/30 Wed 2/4 Fri 2/6 Wed 2/11 Fri 2/13 Wed 2/18 Fri 2/20 Wed 2/25 Fri 2/27 Wed 3/4 Fri 3/6 Wed 3/11 Fri 3/13 Wed 3/18 Fri 3/20 Wed 3/25 Fri 3/27 Wed 4/1 Fri 4/3 Sat 4/11 Event Quiz #1 Lecture on regression Trends in inequality and skill growth Reading: 1-21, 77-96 Quiz #2 Discuss reading Credit constraints and the returns to schooling Reading: 21-24, 40-42, 54-58, 96-128 Quiz #3 Discuss reading Early childhood interventions Reading: 24-30, 128-148, 163-174 Quiz #4 Discuss reading Schooling and school quality Reading: 30-39, 148-163, 252-269 Quiz #5 Discuss reading Training Reading: 42-53, 182-194, 279-284. Quiz #6 Discuss reading Public finance issues and immigration policy Reading: 194-203, 241-251, 285-290 Quiz #7 Discuss reading Summing up Reading: 58-63, 203-208. Quiz #8 Discuss reading Talk about paper topics Paper topics assigned Presentations of work in progress Presentations of work in progress Presentations of work in progress Presentations of work in progress (I will be out of town on this day) Presentations of work in progress Preliminary draft of paper due Presentations of work in progress Presentations of work in progress Final version of paper due