Economics 567

This course is ongoing, and material will be added and modified throughout. Registered students can find grades and additional material on UBC Canvas. TeX code for all documents is available from a git repository. Please contact me (or better yet make a pull request) if you notice any errors or want to suggest changes or additions.

Syllabus

Lecture notes and slides

  1. Introduction: slides
  2. Production functions: slides
  3. Demand and supply of differentiated products:
    1. overview
    2. identification
    3. computation and implementation
    4. Models of insurance demand
  4. Market entry: slides
    1. introduction
    2. entry in supermarkets and retail
  5. Single agent dynamic models:
    1. introduction
    2. applications in health economics
  6. Dynamic oligopoly: slides part 1, slides part 2 , slides part 3 (continuous time)
  7. Regulation of transmission networks: slides, and natural gas pipeline slides
  8. Bayesian estimation: slides
  9. Auctions: slides
  10. Price dispersion and search: slides
  11. Matching: slides
  12. Networks:
    1. descriptive
    2. games on networks
    3. network formation

Assignments

Remember, that you only need to complete the assignments or the open-ended replication.
  1. Reproducing Grieco and McDevitt (2017) Due January 31st, 2019
  2. Entry model of pharmacies:
    1. data preparation : due February 28th, 2019
    2. estimation : due March 14th, 2019
Assignments from past years:

Guidelines for replication exercise

For the replication exercise, you should either:

  1. Summarize your chosen paper in 3-5 pages
  2. Attempt to replicate most or all of the paper.
  3. Write another 5 or so pages about your findings. You might not succeed in fully replicating the paper. That is okay. In that case, you should describe what you did and what difficulties you encountered.
or complete the assignments above (there will be at least 3, and at most 5). If you do the replication, you should replicate a structural empirical IO paper. Ideally you should be able to obtain the data used by the paper, or a very similar dataset. However, simulating the paper's model and then estimating using the simulated data could also be acceptable. You should email me your chosen paper and plan for obtaining data by the due date of the first assignment.