Please read the instructions carefully. See attached file
RETAKE: Advanced
ERM Winter Semester 2022. Individual work Plan. 12/06/2023
A.
General Information
Your individual work will focus on application of the methods you learnt
in class You are given a dataset and a research objective-randomly assigned to
you
Choose an appropriate method (based on the given objective) for your
empirical analysis using Stata.
i.
Random
and Fixed Effects Models
ii.
Randomized
Controlled Trials
iii.
Heckman
Selection Models
iv.
Instrumental
Variables
v.
Differences-in-Differences
Estimation
vi.
Propensity
Score matching
Note: Always compare your model of choice results with the OLS results Read
current empirical studies to see how tables are presented in a paper
Use ***, ** and * to show 1%, 5%, and 10% level of significance
respectively Use footnotes to show the type of statistical test applied for
descriptive statistics
B.
Instructions: Your
individual work should include items 1 to 7 as explained below (Maximum Points= 100). Secondly,
Prepare and submit a well written log-file
that include final analysis only (please,
do not include in the log-file the trails and errors stage of analysis. Note: including analyses which are not
part of the final report will lead to
loss of points).
Thus,
submit the following two documents. See the deadline in TUMonline.
a. Final report-max 7 pages-PDF format (including references BUT excluding the Title page)
b. Log-file showing final analysis: At the top show your
Matriculation number, date and the
research
question. Note: When No log-file submitted, the final report will be awarded Fail.
C.
AI is only allowed to collect information. It is NOT ALLOWED to take
texts / paragraphs from AI sources like chat gpt. Your submitted papers will be
checked for plagiarism and AI. In science, plagiarism is defined as the
pretense of a personal contribution that was not made. Should we find that AI
has been used as text in the paper or has been plagiarized, the work will be
assessed as a fail.
D.
See the deadline in TUMonline: 17.07.2023
E.
Submission of your paper: Upload an pdf latest 17.07. 23:59 pm on moodle
under student upload. No email needed. Name of the Paper: Familyname_Paper_Avanced_ERM_June24.pdf
& Familyname_LOG_Avanced_ERM_June24
F.
Topics assigned randomly by Wednesday 14.06.23 via email.
1.
Abstract (max 250 words)- (1
page)- 5 points
2.
Introduction (max 1 page)- 10
points
Provide
statement of the problem
Brief literature review-what has been done so far
Gaps identified in the literature and how this paper fills the gap(s)
Objective(s) of the paper
3.
Literature Review (10 points)
Summary
of the existing peer reviewed literature dealing with the topic. In which
countries were such questions analyzed, which empirical models were applied, which
variables were used, what were the results. Preferably presented in a table as
discussed in the lecture.
4.
Methodology (max 1.5 pages) –
20 points
Theoretical framework/Conceptual framework
Empirical model (the model of your
choice that is appropriate to address your given research question: describe
it, formula, assumptions, justification (pros and cons), pre and post
estimation tests needed? include an OLS
model for comparison of results)
Study design
Data (study area, sampling
procedure used, data collection method used, period of the survey(s)) Variables descriptions (name,
descriptions, type, min, mean, SD, max, hypothesized sign, reference)
4.
Results (max 1.5 page)- 20
points
Descriptive statistics (like mean,
SD or treatment vs controls mean difference, interpretations, show the type of
test used-with footnotes)
Empirical model results (Model 1) (pre
estimation results, model results, post estimation test (if any), presentation
of results)
Model 2 results (for comparison
purposes, interpret and compare the results)
5.
Discussion (max 0.5 page) – 10
Points
Discuss main results (explain main
results, their implication, comparison with the objectives/hypothesis
/descriptives and past empirical studies, if different from past studies-discuss
why (context, data, methods))
Discuss the
robustness/suitability of the model
6.
Conclusion (max 0.5 page)- 5
points
Summary of results, policy
implications, limitation(s) of the study, area(s) for further research.
7.
Reference (max 1 page)– 5
points
List all cited works alphabetically, using the APA
referencing style
https://mediatum.ub.tum.de/doc/1236069/1236069.pdf
8.
The Log-file- 10 Points (Final
results only, with comments)
G. Instructions on writing your final report:
Adherence to this instructions: 5 Points
1.
Font style, and formatting
Use Times New Romans, font size
12 [Expect for the Title Page (see specific instruction shown in the example)
and for the tables font size can be 10]
Justify all texts, except the title page that
should be centered as shown.
Use italic to show non-English
words like vis-a-vis, et al. e.t.c when such word are used Line Spacing be 1.15
Paragraphs spacing be 6pt before and after
2.
Page numbering
No page number to the Title page
Arabic numbers (numerical digits like 1, 2, 3…)
should start at 1, from the Abstract
Page number be put bottom and centered.
Page numbers be in Times New Romans style with font
12.
3.
All citations be done according to the TUM guideline