FIN544 Special Topics in Empirical Corporate Finance
Autumn 2019Spring 2020
The first part of the lecture will focus on modern technics to identify causal relations in empirical corporate finance. After introducing randomized experiments as the benchmark approach, regressions (to control for observables), instrumental variables (with the 2SLS estimator), regression discontinuity design and differences-in-differences approaches will be presented. Next, the lecture will turn to using Stata to implement these approaches. Programming techniques in Stata will be introduced and applications to real datasets will proposed to students.
- ECTS Credits