Welcome to Econ 485: Advanced Econometrics

On this page, you will find some class documents and useful links.

Spring 2012

BOOK

Stock and Watson:  We are using the second edition, not the new third edition.  Click here to access data files and data file descriptions from the publisher

The Little SAS Book: - click here to access the book on-line thru JMU library
SAS Graphics Book - teach yourself how to make cool graphs in SAS on-line thru the JMU library

BLOGS

Economix - read this blog as often as you can (aim for 2 to 3 times per week). Frequently we will discuss the entries in class.
The Numbers Guy - this blog gets updated only once a week. Take a look at it once a week.
 

SAS license form click here and bring to the library

NOTES

Summation notes:  basics of summation, expected value and variance.

ARTICLES

Cable Television and Competition article and questions for class Jan 10th.
Elasticity of Demand for Gasoline article
Seat Belt article
College Grades article

Mortgage Lending article for Project 3  data file (note: this has a .xls file extension but it is NOT a spreadsheet. It is a permanent SAS data file.  Downlaod the file by right-clicking and then change the file extension to .sas7bdat)

http://freakonomics.blogs.nytimes.com/2011/02/07/whats-putting-the-brakes-on-the-growth-of-driving

Answers

Exercises Ch 4,5,6,7,8 and  answers

Data Files

DATA file for FINAL PROJECT due May 3, 2012

File for Problem set #1 and the PROC IMPORT code to read it in.

CPS92_08_ec485.xlsx

PROC IMPORT DATAFILE="F:\(your file loation) \CPS92_08_ec485.xlsx"
    
OUT=ONE  replace;
GETNAMES=YES;

RUN;

Data for SAT problem set (#5) panel data work is here.

 

jec.xls (this file is an excel spreadsheet)

hmda_subset.xls

caschool.xls

Panel Data papers:

paper1: federal spending in the states
paper2: FDI
paper3: growth in switzerland

paper5: motor voter
paper 6 state government
paper 7 sat scores
paper 8 public education
paper 9 vehicle fatality and gas prices

Data Files

anscombe.txt

CPS04.XLS

jec.xls (this file is an excel spreadsheet)

hmda_subset.xls

caschool.xls

HOW to DEFLATE in SAS: code and notes

fips.xls  you can use this file to map state fips # to a state name (two letter abrev)

(note: the excel files should be .xls files, note office 2007 .xlsx files)

CollegeDistance.xls

capacity_util.txt

SAS code for merging two data sets that have common ID variables:

 

DATA SOURCES
NOTE: below are links to some data sources.  Over the years I have added to this list, but I have not kept it up to date, so there may be some "dead links".  You are expected to find your own data, these links provide you a start. If you find any others that you believe would be useful to the class, send them to me and I will add them to the list. 

alcohol sales:  http://www.niaaa.nih.gov/Resources/DatabaseResources/QuickFacts/AlcoholSales/Pages/consum03.aspx

health insurance: http://www.census.gov/hhes/www/hlthins/data/historical/index.html

housing: http://www.census.gov/hhes/www/housing/hvs/rates/index.html

marriage rates
http://www.cdc.gov/nchs/data/nvss/marriage_rates_90_95_99-10.pdf

birthrates  you will find data on teenage pregnancy - useful for studying poverty rates, (click on subnational) Trends in Birth Rates, Fertility Rates and Selected Characteristics    http://www.cdc.gov/nchs/data_access/vitalstats/VitalStats_Births.htm

Data on Infant Mortality http://datacenter.kidscount.org/data/acrossstates/Rankings.aspx?ind=20

 

CRIME DATA

use this link below to get crive data.  Chosse the middel table type "Data with one Variable" to allow you to get a panel of crime data for the US states.
http://www.ucrdatatool.gov/Search/Crime/Crime.cfm

 

Arrest Data: updated 4/6/2011.  The link below will get you to some arrest data, by state.  You will have to download each year individually and build up your data.

http://www.fbi.gov/about-us/cjis/ucr/ucr#ucr_cius

Click on :  Crime in the U.S.
Click on:  pick a year
Click on “persons arrested” – from there you should find state specific arrests.  To construct an arrest rate or probability of arrest, = arrests/crimes…be careful that both variables are total (or that both are in the same units such as per capita or per 100,000 people)

 

labor force participation for 2005 and 2004, more would be needed

http://www.census.gov/compendia/statab/tables/08s0575.pdf

http://www.census.gov/compendia/smadb/TableA-29.pdf

Education Data

http://nces.ed.gov/programs/digest/

Educational attainment:  try these

http://www.census.gov/population/www/socdemo/educ-attn.html

http://www.higheredinfo.org/dbrowser/index.php?submeasure=250&year=2009&level=nation&mode=data&state=0

http://www.census.gov/hhes/socdemo/education/data/cps/index.html

dropout rates:  http://nces.ed.gov/pubs2009/dropout07/tables/table_05.asp

 

Home ownership data

http://www.census.gov/hhes/www/housing/hvs/prevann.html

 

Per capita Income by MSA or by State is found here:

http://www.bea.gov/regional/reis/

 

old: per capital personal income by state (in nominal dollars) is here

 old: real per capita GDP by state is here

http://www.bea.gov/

State GDP

http://www.bea.gov/regional/gsp/

 

Union membership

2006 and 2007

http://www.bls.gov/news.release/union2.t05.htm

2005 and 2006

http://www.bls.gov/news.release/History/union2_01252007.txt

2003 and 2004

http://www.bls.gov/news.release/History/union2_01272005.txt

all years 2000-2007 (needs cleaning up)

http://www.bls.gov/webapps/legacy/cpslutab5.htm

 

poverty data

 http://www.census.gov/hhes/www/poverty/prevdetailtabs.html

http://www.census.gov/hhes/www/poverty/histpov/perindex.html

Unemployment rates by state

http://www.bls.gov/lau/#tables
 

better data: ?  http://www.bls.gov/lau/staadata.txt

 

At the Center for Disease Control, lots of neat stuff, just don't get lost!  http://wonder.cdc.gov/

childhood obesity data:  http://www.cdc.gov/mmwr/preview/mmwrhtml/mm5828a1.htm

 

American Community Survey at the Census:  http://factfinder.census.gov/servlet/DownloadDatasetServlet?_lang=en&_ts=256218576449

Data on many different aspects of the economy esp. federal budget issues, but lots of good state level data. This site is essentially a compilation of lots of data that came from elsewhere, such as the Census Bureau. When using data from this source, make sure to note and record the original source of the data http://www.nationalpriorities.org/nppdatabase_tool

Some higher education data

http://www.higheredinfo.org/

Some Baseball Web sites:
http://baseballguru.com/bbdata1.html
http://www.thomasgeorge.com/baseball/stats.cfm

http://baseball1.com/

big file

Internet usage by country:

http://www.itu.int/ITU-D/icteye/Indicators/Indicators.aspx#