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Dienstag, 17. Oktober 2017
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VHB Gruppe

  

Kernaktivitäten

 

80. Pfingsttagung des VHB

23. bis 25. Mai 2018 in Magdeburg

 

 

 

Wissenschaftliche Kommissionen

Endogeneity

 

Abstract

Many empirical research projects that use non-experimental data are struggling with the proper identification of causal effects of independent variables (e.g., price, management decisions) on dependent variables (e.g., demand). The reason is that the identification of a causal effect hinges on the untestable assumption that the error term of a model is uncorrelated with the independent variables. If this assumption is not met, a model is plagued by endogeneity.

 

The topic of endogeneity has received considerable attention, and it is probably the most frequently encountered troublemaker in a review process at an academic journal.

 

This course therefore has the goal of making students familiar with the problem of endogeneity and potential remedies. This implies that it will cover the opportunities and problems associated with traditional approaches (e.g., Instrumental Variable estimation) as well as more recent developments (e.g., Gaussian Copulas). Because the literature on endogeneity is often quite technical, this course aims at providing an easily accessible approach to this topic.

 

After completing this course, students will be able to define and describe endogeneity problems in
different empirical settings, they will know how to implement techniques that address endogeneity,
and they will be aware of the (dis)advantages of different methods.

 

Date of Event:

27. bis 30. September 2017

 

Location:

Eberhard Karls Universität Tübingen

School of Business and Economics

Nauklerstr. 47

72074 Tübingen

 

Lecturer:

Prof. Dr. Dominik Papies (Eberhard Karls Universität Tübingen)

http://www.wiwi.uni-tuebingen.de/lehrstuehle/betriebswirtschaftslehre/ls-marketing/team/prof-dr-dominik-papies.html

  

Registration:

The registration deadline is 30. August 2017.

Please use the registration form or send an email to prodok(at)vhbonline(dot)org.