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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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