Posted: May 15th, 2022

Coursework for Introduction to Econometrics, homework help

2017-2018

Coursework for Introduction to Econometrics

Instructions to Students

You are to write:
a proper, professional REPORT in a Word document. Marks will be awarded for presentation as well as content.
in a separate text file, you are to save your do-file(s) that you used to (a) generate the data used in your analysis, and that you used to (b) analyse the data. The do file(s) should also show how you created any figures that are used in the REPORT.

You are to upload through Moodle:
a Microsoft WORD file that contains your REPORT no later than 5 p.m. Friday 4th MAY, 2018. Do not submit a PDF file, submit only a Word document.
for the same deadline, the do file you used should be uploaded
for the same deadline, log file you generated from the do file should be uploaded

Do not copy and paste diagrams from publications. Generate all figures in Stata and copy into your report. Remember to save the coding you used to generate the report as a do file. No analysis or graphs should be done in Excel.

Check your spelling before submission using the spellchecker in Microsoft Word. This is meant to be a professional report you are writing. Write in paragraphs.

The REPORT should be referenced at the end using the Harvard Referencing style.

The REPORT will have as its title:

“An Examination of the Lithuanian Labour Market during the first quarter of 2001”

You will use the data set supplied in Excel format that can be found on the Moodle site. No other data is to be used apart from this data set. This is an authentic household labour force survey data set purchased by for research purposes.

All work at analysing the data will be conducted in the econometric package Stata, version 15.1, available in all computer suites, the Library, and the Learning Resource Centre.

 

To analyse the data set you will need to use the questionnaire which accompanies the data set and can, again, be found on the Moodle site.

You will aim, as a minimum, to answer four main questions. Using a Mincer wage equation:

What are the returns to education working in the Lithuanian labour market in 2004? Are there differences due to gender, or ethnicity? Explain and discuss.
Is there any evidence of wage discrimination within the labour market of Lithuania in 2004 based on age, gender, and ethnicity?
Examine and discuss the differences between tenure and work experience in helping to determine the wage in the labour market.
Examine and discuss the differences between working part-time and full-time in the labour market. This examination could look at the differences in wage between the groups; differences due to gender, ethnicity, or location, to name a few.

Many other questions can be addressed which could add content to the report especially when writing the general introduction to the labour market in Lithuania. Students should read the questionnaire for inspiration but as a minimum, the above three questions should be addressed in detail.

Advice to Students

 

Be sure to use Equation Editor for writing out the functional form and specification of your estimating equations. The preceding is not optional. You must use Equation Editor.
Whether you use standard errors, t values, or p values be clear to state what you have used but use one of the preceding.
Report and explain the F statistic in any estimating equation.
Explicitly comment in the report whether heteroscedasticity is an issue at any time and if so what you did about it. Report your tests for heteroscedasticity and make sure that these tests can be seen in the do file.
Explicitly comment in the report whether multicollinearity was an issue at any time and if so what you did about it. Report your tests for heteroscedasticity and make sure that these tests can be seen in the do file.
You should test to see whether the data you use in any estimating equation is actually normally distributed or not. Make sure you report the test and that the code can be seen in the do file.
Make sure to comment on the goodness of fit of your estimating equations.
Be clear in your report what hypothesis is being tested and whether you are using a one-tailed or two-tailed test for your hypothesis testing.
Conduct tests of misspecification on any estimating equations. Make sure you report the test and that the code can be seen in the do file.
Always interpret your estimated equations.
Draw conclusions from your interpretations at the appropriate point in your report.
Make recommendations at the appropriate point in your report.
Always label your graphs, figures and diagrams. Insert tables of figures, equations, and tables at the start after your table of contents.
The report should be a maximum of 2,000 words long excluding references and appendices. Near the start of your report there must be a table of contents. To generate a Table of Contents in Word use the Table of Contents feature:

If you have never used this before then go to:

Students who do not have a Table of Contents will have marks deducted.

Additional advice will be given in the seminar classes which you need to attend.

Marking Criteria

Research (uncovering of information) 5 Marks

Systematic identification and use of a range of academic textbooks, many of which will be econometric textbooks, although not exclusively. Marks are awarded for the range of econometric and academic textbooks utilized and suitably referenced. Additional marks will be awarded to students who quote and utilize from econometric journals, although it is expected that at this study level this may be the exception rather than the rule. No marks are awarded for information gleaned from the Internet. Use of EconLit is encouraged and the only online information that will be allowed in this coursework has to be found through EconLit. If you reference an article, it should be a book available from the University library or available through EconLit.

Analysis 30 Marks

Analysis here refers to the examination, interpretation, and discussion of the results of your empirical econometric investigation as it relates to the assessment brief, where sources of material are both of a theoretical and empirical nature.

By results is meant not just regression results but tables of frequencies, and graphs produced using the data supplied for the coursework.

Subject Knowledge 30 Marks

Understanding and application of subject knowledge and underlying principles. Note that a student may state relevant knowledge in answering the coursework question, but may not apply such knowledge sufficiently in the analysis: having knowledge does not guarantee analysis. In addition, the application of subject knowledge will require technical competency which is explained below.

Technical Competency 15 Marks

This criteria is defined as the demonstration of the skills to enable the evaluation and execution of ideas appropriate to the assessment; E.g. well-thought out specifications are required for this econometric exercise; appropriate mathematical equations; appropriate  theoretical diagrams which help answer the coursework question; logical analysis and discussion using appropriate theoretical concepts for discursive or quantitative style assessments; use of mathematical techniques where appropriate in more quantitative assessments. All tables, and diagrams, must be constructed by yourself and not copied and pasted.

Under this criteria, the Stata do file and Stata log file submitted will also be evaluated. The do file must contain a “date stamp” in its list of commands.

The preceding is not an exhaustive list.

Communication and Presentation 20 Marks

Clarity of purpose in the exposition of the assessment; skills in the selected mode of media in which the assessment is conducted (e.g. Equation Editor and drawing facility in Word both professionally utilized); awareness and adoption of appropriate conventions (e.g. use of Harvard referencing; punctuation, grammar, and English prose that reads well); awareness of the nature of the audience (is the assessment for the lecturer; a ‘public’ report; an academic audience); work approaching expected employer standards or publication standards in academic journals.

Under no circumstances should any figure be copied and pasted into the final coursework document that has not been created in the econometric package Stata. This includes tables of results generated within Stata. Appropriate do files should be used for producing results in a Word document. Marks will be deducted if this is not adhered to

Approved by order No.213 adopted on
8 December 2003 by the Director General
of Statistics Lithuania
STATISTICS LITHUANIA
Employment Statistics division
Gedimino av. 29, 2746 Vilnius
LABOUR FORCE SAMPLE SURVEY GU – 01

Territory code Reference week
Name of municipality, local administrative, village No. quarter
2004 –
year month day month day
Give back: by 15 day on the morrow of month
Household No. Persons interviewed: 15 years old and over
Respondent code
Sex male 1 female 2 Confidentiality is guaranteed
Date of birth (day, month, year)
Personal code

EMPLOYMENT (Persons interviewed: 15 years old and over)

1 Did you have a job for pay or profit during the reference week, or did you contribute family business or farm or were not working, but had a job or business?

1 Yes 2

2 No

3 Was a conscript on compulsory military or community service 49

2 Did you work during the reference week?

1 Yes 6

2 Was not working because on lay-off 3

3 No 5

3 Are you going to receive ≥ 50% of wage from your employer?

1 Yes 6

2 No 4

4 Do you have an assurance of return to work within a period of 3 months?

1 Yes 6

2 No 49
5 Why did you do no work in your job last week?

1 Slack work for technical or economic reasons
2 Labour dispute
3 School education or training

4 Own illness, injury or temporary disability 6
5 Maternity or parental leave
6 Holidays
7 Other reasons
8 Bad weather
9 Compensation leave (within the framework of working time banking or an annualised hours contract)

EMPLOYMENT CHARACTERISTICS OF THE MAIN JOB

6 What is a full name of your working place?

Code of enterprise 7
7 Main economic activity:

Code of activity 8
8 Your occupation, position, work:

Code of occupation 9

9 Give a short description of your job:

10

10 Are you working for a state – owned enterprise or a private company?

1 State (where>50% of capital is held by the state/public institution)

2 Private (in private or public limited company /agricultural partnership/ sole proprietorship/ hold a license, own a farm, etc.) 11

11 Country of place of work:
1 Lithuania

Town, local administration, village
K11A

Code of the territory 12

2 Other country

Name of country
K11B
Code of country
12 During the past four weeks have you worked at home?

1 Yes

2 Sometimes 13
3 Never
13 During the past four weeks have you worked in the evening?

1 Yes

2 Sometimes 14
3 Never
14 During the past four weeks have you worked at night?

1 Yes

2 Sometimes 15
3 Never
15 During the past four weeks have you worked on Saturdays?

1 Yes

2 Sometimes 16
3 Never
16 During the past four weeks have you worked on Sundays?

1 Yes

2 Sometimes 17
3 Never

17 During the reference week were you:

1 Employee, working by written agreement
18
2 Employee, working by verbal agreement

3 Farmer without employees

4 Small farmer 26
5 Holding a patent
6 Other person working as self-employed without employees

7 Self-employed with employees

8 Family worker
25
9 Farmer with employees
18 What is your monthly pay from your main job?

litas 19

19 Do you receive any additional payments from your main job?

(13th and 14th salary, bonuses four annual work results, dividends, bonus shares)

litas 20

20 Do you receive any sickness, disability or invalidity allowances?

litas 21
21 During the past four weeks have you worked shift work?

1 Yes

2 No 22

22 Your work:

1 A permanent job or work contract of unlimited duration
25

2 Temporary job/work contract of limited duration
23
23 Your job temporary, contract of limited duration, because:

1 A contract covering a period of training
2 Could not find a permanent job

3 Did not want a permanent job 24
4 No reason given
5 A contract for a probationary period

24 Total duration of temporary job:
1 Less than one month
2 If you are working less than 3 years, specify number of months

K24A months 25
3 If you are working more than 3 years, specify number of years
K24B years

25 How many people are working at your place of work, including yourself?

1 Less than 10 persons (exact number of persons)
K25A persons
2 11 to 19 persons

3 20 to 49 persons 26
4 50 persons or more
5 Do not know, but less than 11 persons
6 Do not know, but more than 10 persons
1
26 In which year did you start working in this job?

year 27

27 In which month did you start working for this employer or as self-employed?

(Specify, if the person worked less than 2 years).

month 28

28 In the reference week did you work full-time or part-time?

1 Part-time 29

2 Full-time, your working week usually is less than 40 hours 30

3 Full-time, your working week usually is 40 hours or more 34

29 Part-time job which was taken because:
1 Undergoing school education or training
2 Of own illness or disability
3 Could not find a full-time job
4 Did not want a full-time job

5 Other reasons 30
6 No reason given

7 Looking after children or incapacitated adults

30 Would you like to work more hours each week than you do currently?

1 No 34

2 Yes 31

31 In what way would you prefer to work more hours?

1 At additional job

2 At a job working more hours than at the present job 32
3 Only within the present job
4 In any of the above ways

32 If you found a suitable job, could you start working within two weeks?

1 Yes 34

2 No 33

33 Why would you not be able to start within the next two weeks?

1 Must complete education or training
2 Must complete compulsory military or community service

4 Personal family responsibilities (including maternity) 34
5 Own illness or incapacity
6 Other reasons
7 No reason given

HOURS WORKED

34 How many hours per week do you usually work?

1 Usually work:

K34A hours 35
2 Usual hours cannot be given because hours worked vary considerably from week to week or from month to month

35 How many hours per week did you actually work during the reference week?

1 Worked K35A hours 36

2 Did not work at all 39

36 During the reference week you actually worked:

1 More than usually 37

2 Less than usually 38

3 Usual hours

4 Hours worked vary considerably from week to week 39

37 Why did you work more than your usual number of hours during the reference week? (specify reason):

1 Variable hours (e. g. flexible working hours)

2 Overtime 39
3 Other reasons
38 Why did you work fewer than your usual number of hours during the reference week?

1 Bad weather
2 Slack work for technical or economic reasons
3 Labour dispute
4 Education or training
5 Variable hours (e.g. flexible working hours)
6 Own illness, injury or temporary disability

7 Maternity or parental leave 39
8 Special leave for personal or family reasons
9 Annual Holidays
10 Bank Holidays
11 Start of/change in job during reference week
12 End of job without taking up a new one during the reference week
13 Other reasons
14 Your hours vary considerably from week to week or month to month and you did not state a reason for a divergence between the actual and usual hours

39 How many hours (in total) would you like to work each week?

hours 40

SECOND JOB

40 Apart from the main job did you have a second job during the reference week for which you were paid or had income (monetary or in kind) or you worked on a farm?

1 Yes 41

2 No 47

41 How many jobs or businesses did you have during the reference week?

1 Had only one job or business 42
2 Had more than one job or business

42 In your second job you are:

1 Employee
2 Self-employed without employees

3 Self-employed with employees (employer) 43
4 Family worker
5 Farmer with employees (employer)

43 Full name of your secondary workplace or short description of your secondary occupation:

44
Code of enterprise

44 Main economic activity:

Code of activity 45

45 Did you actually work during the reference week in your second job?

1 Yes 46

2 No 47

46 Number of hours actually worked in your second job:

hours 47

OTHER JOB

47 Are you looking for a second (another job)?

1 No 67

2 Yes 48

48 Why are you looking for a second (another) job?
1 Due to a risk or certainty of loss or termination of present job
2 Actual job is considered as a transitional job
3 Seeking an additional job to add more hours to those worked in present job

4 Seeking a job with more hours worked than at present job 62

5 Seeking a job with less hours worked than at present job
6 Wish to have better working conditions (e.g. pay, working or travel time, quality of work)
7 Other reasons
8 Looking for another job but not giving any reason

PREVIOUS WORK EXPERIENCE OF PERSON NOT IN EMPLOYMENT

49 Existence of previous employment:

1 Has already been in employment 50

2 Has never been in employment (purely occasional work, such as vacation work, compulsory military or community service are not considered as employment)
57

50 In which year did you last work?

year 51

51 In which month did you last work?
(Specify, if the person left work less than 2 years)

month 52

52 How many years you don’t work?

1 Less than 8 years 53

2 8 years or longer 57

53 Why did you leave your (last) job/business?

1 Dismissed or made redundant
2 A job of limited duration has ended, seasonal or casual work
3 Personal or family responsibilities
4 Own illness or disability

5 Education or training 54
6 Early retirement
7 Normal retirement
8 Compulsory military or community service
9 Other reasons

54 Professional status in last job:

1 Employee
2 Self-employed without employees

3 Self-employed with employees (employer) 55
4 Family worker
5 Farmer with employees
55 Economic activity of the local unit in which you last worked:

Code of activity 56

56 Occupation of last work:

Code of occupation 57

SEACH FOR EMPLOYMENT

57 Have you been looking for a job over the last four weeks?

1 Yes 60
2 Not seeking because expected to start within a period of at most three months

3 Not seeking because expected to start within in a period of more than three months 62

4 No 58

58 Why haven’t you been looking for a job?
1 Awaiting recall to work (persons on lay-off)
2 Own illness or disability
3 Personal or family responsibilities

4 Education or training 59
5 Retirement
6 Belief that no work is available
7 Other reasons
8 No reason given

59 Even though you haven’t been looking for a job, would you like a job if a suitable one were available?

1 Would nevertheless like to work 60

2 Do not want to work 67

60 If you found a suitable job, could you start working within two weeks?

1 Yes 62

2 No 61

61 Why would you not be able to start within the next two weeks?

1 Must complete education or training
2 Must complete compulsory military or community service

4 Personal family responsibilities (including maternity) 62
5 Own illness or incapacity
6 Other reasons
7 No reason given

62 How long have you been looking for work/job?

1 Search not yet started 66

2 Less than 1 month
3 Specify number of months, if you have been searching for employment less than 4 years

K62A months 63
4 4 years or longer
63 Type of employment sought:
1 As self-employed
2 Only full-time job is looked for (or has already been found)

3 Full-time job is sought, but if not available, part-time job will be accepted 64

4 Part-time job is sought, but if not available, full-time job will be accepted
5 Only part-time job is looked for (or has already been found)
6 Did not state whether full-time or part-time job is looked for (or has already been found)

64 Which steps have you taken during previous four weeks? (several answers (K641,K642, K643, K644, K645, K646, K647) may be possible)

1 Contacted the public Labour Exchange to find work
2 Contacted private employment agency to find job
3 Applied to employers directly
4 Asked friends, relatives, etc.
5 Inserted or answered advertisements in newspapers or journals
6 Studied advertisements in newspapers or journals

7 Took a test, interview or examination 65
8 Looked for land, premises or equipment
9 Looked for permits, licences, financial resources
10 Awaiting the results of an application for a job
11 Waiting for a call from a public employment office
12 Awaiting the results of a competition for recruitment
13 Other methods used

65 What wage (salary) would satisfy you in your new work?

1 Minimum

2 Less than minimum wage or salary 66
3 Would like to have K65A litas

66 What were you doing before you started to look for work?
1 Was working (including apprentices, trainees)
2 Was in full-time education (excluding apprentices, trainees)

3 Was a conscript on compulsory military or community service 67

4 Had domestic/family responsibilities
5 Other (e.g. retired)
6 Was a convict, returned from prison

67 Registration at a public employment office:

1 Person is registered at the National Labour Exchange and receives a benefit or assistance
68
2 Person is not registered at the National Labour Exchange but receives a benefit or assistance

3 Person is registered at the National Labour Exchange but does not receive any benefit or assistance
69
4 Person is not registered at the National Labour Exchange but receives a benefit or assistance

68 Specify, how much do you receive in unemployment allowances each month? (=<250 Litas) litas 69 69 Do you receive any additional payment of unemployment allowance? litas 70 70 What was your main activity during the reference week? 1 Employed 2 Student 3 Retired 4 Disabled 71 5 In compulsory military or community service 6 Housekeeping 7 Inactive person 8 Unemployed EDUCATION 71 Have you been a student in regular education during the last 4 weeks? 1 Yes 72 2 No 73 72 Where did you study (by levels of education)? 1 Primary (ISCED 1) 2 Lower secondary general (ISCED 2A) 3 Upper-secondary general (ISCED 3A) 4 Vocational without completion of lower-secondary (ISCED 2C) 5 Lower-secondary vocational, Upper-secondary vocation (ISCED 3A, 3C) 73 6 Post-secondary vocational (ISCED 4) 7 Professional colleges (ISCED 5B) 8 Colleges (higher non-university) (ISCED 5B) 9 Universities (ISCED 5A) 10 Doctorate (ISCED 6) 73 Did you attend any courses, seminars, conferences and etc.? 1 Yes 74 2 No 77 74 Number of hours spent on all taught learning activities within the last 4 weeks: hours 75 75 Which training courses did you attend? (several answers (K751,K752, K753, K754) may be possible) 1 Foreign languages 2 Computer courses 76 3 Other courses 4 Visited conferences, seminars, workshops 76 Purpose of the most recent taught learning activity: 1 Mostly job related 2 Mostly personal 77 77 Highest level of education or training successfully completed: 1 Doctorate (ISCED 6) 2 University (ISCED 5A) 3 College (higher non-university) (ISCED 5B) 4 Professional college (ISCED 5B) 5 Specialized secondary school (technicum) (ISCED 4) 6 Post-secondary vocational education (ISCED 4) 78 7 Upper-secondary general education (ISCED 3A) 8 Upper-secondary vocational education (ISCED 3A) 9 Lower-secondary vocational education shorter than two years (ISCED 3C) 10 Lower-secondary vocational education two years and more (ISCED 3C) 11 Vocational qualification without completion of lower-secondary (ISCED 2C) 12 Lower-secondary general education (ISCED 2A) 13 Primary education (ISCED 1) 80 14 Illiterate 78 Field of highest level of education or training successfully completed: 000 General programmes 100 Teacher training and education science 200 Humanities, languages and arts 222 Foreign languages 1 300 Social sciences, business and law 400 Science, mathematics and computing 420 Life science (including biology and environmental science) 79 440 Physical science (including physics, chemistry and earth science) 460 Mathematics and statistics 481 Computer science 482 Computer use 500 Engineering, manufacturing and construction 600 Agriculture and veterinary 700 Health and welfare 800 Services 900 Unknown 79 In which year your highest level of education or training was successfully completed? year 80 SITUATION ONE YEAR BEFORE SURVEY 80 Situation one year before survey: 1 Carries out a job or profession, including unpaid work for a family business or holding, including an apprenticeship or paid traineeship, etc. 81 2 Pupil, student (full-time education) 3 In retirement or early retirement 4 Permanently disabled 5 In compulsory military service 83 6 Fulfilling domestic tasks 7 Unemployed 8 Other inactive person 81 Professional status one year before survey: 1 Employee 2 Self-employed without employees 3 Self-employed with employees 82 4 Family worker 5 Farmer with employees 82 Economic activity of local unit in which a person was working one year before the survey: 83 Code of economic activity 83 Country of residence one year before survey: 1 Lithuania (Name of town, district) K83A Code of the territory 84 2 Other country Name of country K83B Code of country MARITAL STATUS 84 Your marital status: 1 Single 2 Married 85 3 Widowed 4 Divorced or legally separated ETHNICITY 85 Your ethnicity: 1 LT Lithuanian 2 PL Polish 86 3 RU Russian 4 BY Belarussian 5 UA Ukrainian 6 Other (specify) K85A CITIZENSHIP 86 Your citizenship: 1 LT Lithuanian 2 PL Polish 3 RU Russian 87 4 BY Belarussian 5 UA Ukrainian 6 00 No citizenship 7 Other (specify) K86A OTHER INFORMATION 87 Your birthplace: 1 LT Lithuania 89 2 RU Russia 3 BY Belarus 90 4 UA Ukraine 5 Other (specify country) K87A 88 How long have you been living in Lithuania? 1 Living in Lithuania years (if less than 10 years) K88A 2 10 years or more 89 89 Type of household: 1 Person is living in private household, ( or permanently in a hotel) and surveyed in this household 91 2 Person is living in another private household on the territory of the Lithuania but surveyed in this household 3 Person is living in an institution and surveyed in this institution 90 4 Person is living in an institution but surveyed in this private household 90 Type of institution: 1 Educational institution 2 hospital 3 Other welfare institution 91 4 Religious institution 5 Workers’ hostel, working quarters at building sites, etc. 6 Military establishment 7 Other (prison),etc. 91 You are: 1 Reference person (householder - person, whose income is the highest) 2 Spouse (or cohabiting partner) of reference person 3 Child of reference person 92 4 Father, mother, grandparent, great-grandparent of reference person 5 Other relative (brother, sister, daughter-in- law, son-in-law, etc.) of reference person 6 No relation (foster-child, lodger, etc.) 92 Nature of participation in the survey: 1 Direct participation 93 2 Participation via another member of the household FAMILY CONNECTIONS 93 Sequence number of person in the household 94 Sequence number of spouse or cohabiting partner 95 Sequence number of father 96 Sequence number of mother THANK YOU PARTICIPATING IN THE SURVEY Interviewer First name, last name Date of the interview Signature Make inquiries by phone: (8~5) 2364 706

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