Lecture 9: Pik -a-mix macro, finance; Project management. Referencing workshop materials Critical use of sources.docx (Filename) referencing.pptx What type of reference.docx (Filename) We are scheduling another bespoke Skills Centre workshop for next term. Writing Economics
Lecture 9: Pik-a-mixmacro, finance; Project management
We are scheduling another bespoke Skills Centre workshop for next term.
Writing Economics. Robert Neugeboren with Mireille Jacobson. @2001 The President and Fellows of Harvard University (minor revisions in Jan. 2005) ...
ECONOMICS 452 TIME SERIESWITHSTATA -- econ.queensu.ca/faculty/gregory/econ452/manual.pdf
2 Working with economic and financial data in Stata(Chris Baum)
Kennedy, A Guide to Econometrics, Chapter 18, “Time Series Econometrics”
Autocorrelation: “Today’s error term is correlated to yesterday’s error term”
An ‘efficiency and standard errors problem’ (see previous lecture
May indicate a ‘mis-specified model’; you may need lag dependent and/or independent variable terms
Recall: ‘Moving average’ and ‘autoregressive’ terms
You may have a ‘non-stationary’ process
If you fit a model of lags, be careful to understand and explain what you are doing!
You can acknowledge the depth of your understanding and the limits of your analysis
Rem: ‘first differenced’: Yt=yt-yt-1
For a time series analysis:
Time series properties of these
Wooldridge text as a good reference.
Deadline for final submission: 25 April 2014, mid-day
Strike a balance, don’t put all your effort into one component to the exclusion of others.
Keep the big picture in mind. Keep asking ‘how does this relate to my outline, how am I working towards my planned goals’
These are not isolated; one part may feed back into another.
“The perfect is the enemy of the good”
“[Writing] begins with mere fluency, getting the stuff down on paper. And it ends with revising again and again, until you've removed all the traps and ugliness. …[Sitting] down to write can be a problem, for it is then that your subconscious, which is dismayed by the anxiety of filling up blank pieces of paper, suggests [goofing off or doing any other type of chore]. [Fight] doubt -- the conviction that everything you've done so far is rubbish-will wash over you from time to time. … The only help is a cheerful faith that more work will raise even this rubbish up to your newly acquired standards. Irrational cheerfulness is hard to teach but good to have for any work.”
What are you missing? How can you adapt? How can you improve?
Reviewing (suggestions for improvement); overall assessment and recommendations
What is your focal question?
Read related literature
Look at related articles in peer-reviewed journals to see how to format or express this.
See what other authors have written on this
Consider other opinions and arguments on this point
Needs to better explain the cited literature
Needs to better relate the cited literature to this paper
Needs to better consider the empirical literature that answers this question and related questions, and explain the techniques used, and how these may or may not be applied to the current paper.
-- Another empirical study made by Smith et al.(2010) also found that the stringent labour standards for agricultural produce imposed by the European Union lead to significant losses for the African producers.
How did these authors do their analysis? What data and techniques did they use? Explain the precise nature and strength of their findings.
Needs to explain theoretical models more clearly and formally