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
    1. introduction
      Pluto.jl notebook Open on Binder
    2. applications
    3. extensions
  3. Demand and supply of differentiated products:
    1. overview
    2. applications
    3. identification
    4. computation and implementation
    5. 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:
    1. introduction
    2. example code
    3. in IO
  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 & McDevitt (2017)
    1. Part I : due February 4, 2021
    2. Part II: due March 9, 2021

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.

Instructions for research proposal

The final draft of your research proposal is due on April 26th. If you wish, you may turn in a first draft by April 19th, and I will give you some comments on it by April 21st. Your research proposal should be approximately 8 pages. It should begin with a section that resembles the introduction section of a paper. The most important thing is to clearly state (i) your motivation, (ii) your research question, and (iii) your method. You could also include (but need not include all): (iv) a brief literature review that highlights what is new about your proposal, (v) some details about the model (vi) some details about the estimation method, (vii) a description of the data, (viii) a discussion of possible results. Your proposal should be well thought out and feasible.