Research in Finance

Instructors

Prof. Dr. Andre Guettler

 

Date & Time

On Wednesdays
First lecture takes place on 15th of April.
Time: 12 - 2 p.m.
Room 2.02, Helmholtzstraße 22

Credits: 4 points

 

Outline

This course is designed to prepare students for doing their own research projects in Finance. It comprises two parts:

The first is a hands-on introduction on how to use Stata, the most common statistical program in Financial Economics. Students will learn how to manage data, how to visualize and clean data, and how to run and interpret cross sectional and panel regressions. Students are required to solve several empirical problems on their own.

 

The second part consists of active and mandatory participation in the Finance group’s research seminar for doctoral students and short-term visitors, the biweekly Brown bag seminar. Students are required to provide one review of one of the research presentations. The review should be written as an academic referee report and should thus concentrate on the contribution to the literature and a judgment of the empirical strategy.

 

Syllabus

Session 1: Introduction to Stata
Session 2: Merging datasets
Session 3: Interpretation of dummy variables
Session 4: How to write a review report
Session 5: Panel data estimations

Session 6:

Robust standard errors
Session 7:Looping and other things

 

Literature Suggestions

 

  • Wooldridge, Jeffrey. Introductory econometrics: A modern approach. Cengage Learning, 2012

  • Kohler, Ulrich, and Frauke Kreuter. Data analysis using Stata. Stata Press, 2005.