Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2018/2019
Belonging course: 
Course of Master's Degree Programme on ECONOMIC, FINANCIAL AND INTERNATIONAL SCIENCES
Disciplinary sector: 
APPLIED ECONOMICS (SECS-P/06)
Language: 
Italian
Credits: 
9
Year of study: 
2
Cycle: 
Second semester
Hours of front activity: 
72

Language

Italian

Course description

This module aims to introduce the student to the field of econometrics, with a particular but not exclusive focus on policy aspects. The course covers the recent theories on economic and financial policy, which are useful when interpreting the financial crisis context that has characterised the Euro area countries in the recent years. All the topics are tackled both theoretically and empirically, with many examples and applications, using econometric software. In particular, some case studies concerning public policy will be covered, with a particular focus on the analysis of inequality, poverty and income redistribution.

Learning targets expected:
Knowledge and comprehension skills: students will have to prove their knowledge of the basic concepts pertaining to the discipline as well as their ability to use the main technical tools that allow to understand the solutions to economic problems and to interpret empirical phenomena.
Applied skills: students will have to prove their understanding of the analytical methods required to provide an empirically sound assessment of the success of public policies.
Judgement independence: students will have to develop their critical thinking skills in evaluating the economic implications of the empirical results that allow to answer questions on the implementation and effects of public policies.
Communication skills: students will have to learn how to communicate the results of the analyses carried out with the support of econometric instruments.
Learning skills: students will have to prove solid learning skills, managing to expand their knowledge by means of significant and relevant bibliographical references pertaining to the field of analysis. Students will have the chance to apply the knowledge acquired in previous courses, integrating it with the new professionalising skills that characterise the module.

Prerequisites

The knowledge of basic notions of microeconomics, macroeconomics and statistics is required.

Syllabus

1st block of lessons (24 hours):
Linear regression with multiple regressors. Hypothesis testing and confidence intervals in multiple regression. Non-linear regression functions. Evaluation of studies based on multiple regression. Panel Data Regression. Regression with binary dependent variables. Instrumental variables regression. Experiments and quasi-experiments.

2nd block of lessons (24 hours):
Public policy, implementation and effects. Evaluating public policies. Evaluating the effects of public policies.

3rd block of lessons (24 hours):
Inequality. Measuring inequality. Poverty. Public budget and income distribution. Income distribution in the world. Distribution and redistribution in Italy.

1st block of lessons (24 hours):
Linear regression with multiple regressors. Hypothesis testing and confidence intervals in multiple regression. Non-linear regression functions. Evaluation of studies based on multiple regression. Panel Data Regression. Regression with binary dependent variables. Instrumental variables regression. Experiments and quasi-experiments.

2nd block of lessons (24 hours):
Public policy, implementation and effects. Evaluating public policies. Evaluating the effects of public policies.

3rd block of lessons (24 hours):
Inequality. Measuring inequality. Poverty. Public budget and income distribution. Income distribution in the world. Distribution and redistribution in Italy.

Teaching Methods

Vertical lessons, weekly exercise classes.

Textbooks

Stock J.H. e Watson M.W. Introduzione all’Econometria (terza edizione), Pearson Education Italia (u.e.).
Martini A., Sisti M. Valutare il successo delle politiche pubbliche. Il Mulino. (u.e.).
Baldini M., Toso S. Diseguaglianza, povertà e politiche pubbliche. Il Mulino (u.e.)

Learning assessment

The assessment is based on a structured written test, aiming to evaluate the attainment of the learning targets. To evaluate the acquisition and the depth of the general theoretical knowledge, the written test includes open questions on the topics of the course. When answering the questions, the students will have to prove their ability to explain the fundamental notions acquired during the course. Should the instructor deem it suitable, an oral test may be carried out to evaluate at the best the student’s performance. The grade obtained in the oral test will be averaged with the one of the written test, in order to produce the final grade.

More information