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 , static html version
   2. applications
   3. extensions
3. Demand and supply of differentiated products:
   1. overview
   2. applications
   3. identification
   4. computation and implementation
      • Self-contained introductory Pluto notebook
      • Using BLPDemand.jl package Pluto.jl notebook , , static html version
   5. Models of insurance demand
4. Market entry: slides
   1. introduction
   2. entry in supermarkets and retail
   3. entry in airlines
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)
   • Pluto.jl notebook , , static html version
8. Regulation of transmission networks: slides, and natural gas pipeline slides
9. Bayesian estimation:
   1. introduction
   2. example code
   3. in IO
10. Auctions: slides
11. Price dispersion and search: slides
12. Matching: slides
13. Networks:
    1. descriptive
    2. games on networks
    3. network formation
14. Vertical markets: slides

Assignments

1. Entry model of pharmacies:
   1. Part I : due February 2nd, 2024
   2. Part II : due February 26th, 2024

Assignments from past years:

• Reproducing Grieco & McDevitt (2017)
  1. Part I : due January 27, 2023
  2. Part II: due February 10, 2023
• Reproducing Hollenbeck & Uetake (2021) : due March 21, 2023
• Reproducing Grieco & McDevitt (2017)
  1. Part I : due January 25, 2022
  2. Part II: due February 8, 2022
• Entry model of pharmacies:
  1. data preparation : due February 28th, 2019
  2. estimation : due March 14th, 2019
• Reproducing BLP (1995)
• Reproducing Grieco and McDevitt (2017)
• Dynamic decision model estimation. Code for loading data

Instructions for research proposal

The final draft of your research proposal is due on April 25th. If you wish, you may turn in a first draft by April 18th, and I will give you some comments on it by April 22nd. 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.