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Econometrics Research Proposal

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Econometrics Research Proposal

Before you start your research project, think about “what”, “why’’, and “how”. The paper should answer a question in which you are interested. It is OK to have insignificant results. Read Studenmund’s Chapter 3 and 11 for more information. You need to have at least 60 observations and 3 explanatory variables for your model estimation.

Research Proposal Structure:

  1. Title page. Come up with a title for your proposal and create a titlepage.
  2. This section summarizes the topic, methodology, and your main initial findings. It should appear on your titlepage.
  • Motivation and Introduction. This section should state the nature and objectives of theproject along with a brief literaturereview.
  1. Description of the model. You should write out the econometric model that you plan to estimate, and discuss the expected impact of the exogenous variables in yourmodel.
  2. Data description and model estimation. Describe the dataset you are using by providing summary statistics of important variables. Use the techniques developed in class to analyzeyour data and estimate yourmodel.
  3. Preliminary results. Your results should be reported and discussed in this section and could include: parameter estimates, standard errors, t-statistics, F-statistics, and adjusted R^2. Run the tests for autocorrelation, heteroskedasticity, and possible multicollinearity ifneeded.
  • Appendix: Additional regression results can be included in thissection. Data sources for various topics that you might find interesting: RESOURCES FOR ECONOMISTS–rfe.org

FRED St Louis Fed–https://fred.stlouisfed.org/Bureau of Transportation Statistics –www.bts.gov

Bureau of Justice Statistics – http://www.ojp.usdoj.gov/bjs/Bureau of Labor Statistics – www.bls.gov

Census Bureau – www.census.gov

State labor information – http://www.bls.gov/bls/ofolist.htmThe National Center for Education –www.nces.ed.gov

US macroeconomic time series data– http://economagic.comNational Health Statistics– http://www.cdc.gov/nchs/

World Health Organization– http://www.who.int/health_topics/en/NHS– http://www.cdc.gov/nchs/datawh/stprofiles.htm

 

United Nations– http://unstats.un.org/unsd/methods/inter-natlinks/sd_natstat.htmOECD– www.oecd.org

A search engine for financial data sources– www.fisher.osu.edu/fin/osudata.htmConsumer Expenditure Survey Homepage – http://www.bls.gov/bls/ofolist.htm

  Remember! This is just a sample.

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