Economics and Finance
Staff Development Event in Structural Econometrics
What is Structural Econometrics?
In Structural Econometrics, parameters of theoretical economic models are directly identified. This allows the researcher to make predictions for previously unobserved situations. By contrast, reduced-form regression analysis typically yields correlations or treatment effects from observed variations or policy interventions, thus exhibiting only limited external validity. For a detailed discussion of the distinction between structural and reduced-form analysis see:
Nevo, A., and M. D. Whinston (2010): “Taking the dogma out of econometrics: Structural modeling and credible inference,” Journal of Economic Perspectives, 24(2), 69–81.
In contrast to many other courses or summer schools focusing exclusively on applications in Industrial Organisation, this course’s scope is going to be much broader.
Lars Nesheim is a Reader in Economics at University College London and has published in top journals like Econometrica, the American Economic Review and the Journal of Political Economy.
The course includes two days of lecturing and a third day spent for several research clinic sessions, in which each of the participants presents one of her/his projects (using Microeconometric methods), followed by discussions with the speaker of the course as moderator and main contributor. There are two options for participants:
- First two days only: Participation fee £200. To book on this event, please follow this link: Booking page.
- Full event: Participation fee £300. Participants at this event are expected to present a relevant research paper of theirs on the third day.
To enquire about booking on this event, please contact the organiser Ansgar Wohlschlegel.
How to sign up
You can sign up by paying the participation fee via the online store by clicking on the link above. There are only a limited number of places available, which will be allocated on a first-come-first-serve basis. Due to the interactive nature of the third day, there will be fewer places available for the full day than the two-day event.
In the case of any queries, please contact Ansgar Wohlschlegel.
Travel and Accommodation
Lunch, coffee/tea and refreshments will be provided. However, participants need to make their own arrangements regarding travel and accommodation.
For details on how to get to the University of Portsmouth and some ideas for accommodation please visit our website here.