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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
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) ...By the way, have you seen
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
Stationarity: A regression is only meaningful on a stationary data series or one where there is cointegrationbetween two variables.
When running a time series regression, try to consider, and test for stationarityor a co-integrating relationship.
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”
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