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5 Pages Essays / Projects Year: Pre-2021

1. Introduction (1 to 1 ½ pages): Here introduce the topic and explain why it is important and interesting to study the chosen topic. Discuss previous results in the literature (refer to one or two papers, and broadly describe their main results) and any econometric, modelling, or policy issues and implications. 2. Data  (1  page):  Describe  the  variables  you  choose  to  include  in  your  model,  the  number  of observations, the main problems you had manipulating the data and the decisions you made. Defend  the  decisions  that  you  made.  Basic  descriptive  statistics  would  be  good  here,  and probably some graphs too. 3. Model (1 page): You can describe very briefly a theoretical model in order to motivate your choice of variables and to help with the interpretation of the results. The model has to be developed  on  the  grounds  of  the  properties  of  the  dependent  variable  and  the  available regressors. Then describe the econometric model(s) in some detail. This can also be done in the results section. 4. Results and interpretation (3 pages): This is likely to be the main section in your paper. Describe your econometric models and your results. Interpret the results. Discuss likely problems with the model and possible violations of your main assumptions. Try to say something about the effects of  possible  biases  on  your  findings.  This  should  also  include  a  careful  account  of  relevant hypothesis tests and their meaning. 5. Diagnostics and Sensitivity analysis (1 to 2 pages): This is also a crucial part of your paper. You want to convince the reader that your results are real and not just an artifice of the particular model  you  are  using.  Run  different  models,  change  some  of  the  decisions  you  made  in manipulating the data and rerun the models. Describe your results and say if they remain true with these changes or if they are sensitive to the exact model/data assumptions you are making. Modelling of real life data is always difficult. It is therefore important that you are able to look critically at your results and are able to identify drawbacks and shortcomings of your findings. 6. Conclusions (1/2 page): Restate your main results and say how you would expand the paper if you had more time, more data, etc…. 7. References (1/4 page): Reference your textbooks (if you used them) and any article you have read and used as a basis for your discussions and decisions. 8. Appendix: attach the STATA commands you have used and the relevant STATA output (but not the data printout).


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