esade

Stata for Empirical Finance (2225.YR.014105.1)

General information

Type:

 OPT

Curs:

 1

Period:

 S semester

ECTS Credits:

 2 ECTS

Teaching Staff:

Group Teacher Department Language
Year 1 Joseph Alexander Emmens Economía, Finanzas y Contabilidad ENG

Prerequisites

Students must bring their own laptop in class. All needed software will be available through a remote desktop connection.

Previous Knowledge

Students should have basic knowledge of Excel and Statistics.

Workload distribution

Class attendance: 20%
Class participation: 30%
Independent Study: 50%

Course Learning Objectives

The course focuses on developing data analysis skills using Stata.
The main objective is to provide the Stata syntax basics to write codes that allow manipulating and analyzing data of different kinds. During the course, real world datasets and publicly available dataset will be used. Special emphasis will be placed on regressions and statistical analysis.

CONTENT

1. Basics

- Using and writing do-files
- Data structure
- Importing data
- Data cleaning, missing values, recoding
- Data description
- Using help
- Good practices in writing code
- Using random-number functions

2. Data manipulation and advanced commands

- Generation of new variables
- Variables, labels and values
- Use of preserve and restore
- Use of keep and drop
- Creation of dummy variables
- Logical expressions
- Combining datasets
- Global and local variables
- Date and time variables
- long, wide and reshape

3. Basic Statistics and graph generation

- Summaries
- Tables for descriptive statistics
- Correlation of variables
- Student t-test
- Histograms, bar graphs, fitted regression line

4. Regression Analysis

- Model specification
- Simple and Multiple Regression: reg
- Probit and logit estimation
- Estimation of standard errors
- Marginal effects

Methodology

During the first half of the class the concepts to be used will be presented and during the second half the students will have the opportunity to solve a problem using these concepts. The solution will be delivered and discussed at the end of the class.

Assessment criteria

The final grade will be a weighted average of two home assignments, class participation with weights 40%, 40% and 20%, respectively.

Both assignments will be delivered at the beginning of the course. The first one must be done in groups of a maximum of 3 students and a minimun of 2. Second assignment will be individual work. Additional details regarding the assignments will be provided in class.

Class participation we intend a constructive/active participation of students during classes. Class participation will be evaluated taking into consideration the technical nature of the course, in particular at the end of the course students are classified in quantiles based on the total number of constructive interventions. The grade is thus proportionally calculated considering the overall class participation.

Timetable and sections

Group Teacher Department
Year 1 Joseph Alexander Emmens Economía, Finanzas y Contabilidad

Timetable Year 1

From 2023/4/17 to 2023/4/21:
From Monday to Friday from 14:00 to 17:30.