HOME PAGE

PROGRAM

ADMISSION

OUR ACADEMICS

LOCATION

PAST EDITIONS

ADMISSION

The number of participants admitted is from a minimum of 20 to a maximum of 30 participants per class. Candidates to the SEAI 2010 will be selected according to their curriculum and their motivation.

APPLICATION (download the application form)

Application forms should be sent to: arbia@unich.it

FEES

Acceptance of students not attending the full course is conditional upon availability of places after all full-time students have been accepted. Fees include the subscription to the Spatial Econometrics Association, attendance to the courses and tutorship for the entire period, free access to the Mensa of the university, but exclude other living expenses and accommodation (for more information go to: location)

DEADLINES AND TIMETABLE

February 28th, 2010 - Deadline for formal applications
March 15th, 2010 - Notification of acceptance
March 31th, 2010 - Deadline for the first half of the payment
May 31st, 2010 - Deadline for final payments
June 16th-18th, 2010 - Pre-courses
June 21st-July 16th, 2010 - Courses
July 17 th 2010 - Final exam (not compulsory)

PRE-REQUIREMENTS

A degree (at least three years) either in economics, mathematics, statistics, quantitative geography, regional planning or similar. A mathematical background is strongly recommended. In particular it is assumed that the candidate has the essential basis in calculus, probability, statistics and econometrics. Students will be provided with precise textbook references for those that do not possess the pre-requisites (see below). Upon demand a pre-course on econometrics and R will take place the week before the starting of the courses.

DETAILED PREREQUISITES

Probability - Probability theory. Random variables, stochastic independence, conditional expectations and martingales. Stochastic processes. Markov processes. Stationary processes. Reference: G.R. Grimmett and D.R. Strizaker (2001) Probability and Random Processes, 3rd ed.

Statistics - Statistical inference. Likelihood, the general principles of inference (sufficiency, conditionality, invariance). Theory of point estimation (Fisher information and efficiency of estimators, properties of Maximum Likelihood Estimators, and Bayesian point estimators), interval estimation and hypothesis testing. The three tests based on likelihood. Pseudo Maximum Likelihood Estimation. References: Casella and R. L. Berger (2002) Statistical Inference, Second Edition, Duxbury Press, (CB); Davidson A. C. Statistical models, Cambridge university press; Pace L. and Salvan A. (1997) Principles of statistical inference from a neo-fisherian perspective, World Scientific; Young G.A., Smith R.L., (2005) Essentials of statistical inference, Cambridge, Cambridge University Press.

Econometrics - Linear Regression Model, the OLS estimator and the violation of the Gauss-Markov hypotheses. The generalized linear model, Instrumental variable estimation, non linear least squares, 2SLS. References: Davidson, R. and J. MacKinnon (1993): Estimation and Inference in Econometrics, Oxford University Press, Oxford. Greene, W. (2003): Econometric Analysis , Third Edition, Prentice Hall, Englewood Cliffs. Gouriéroux, C., and A. Monfort (1995): Statistics and Econometric Models, Volumes I and II, Cambridge University Press, Cambridge.

R Software - Participants to the SEAI are supposed to have basic practical experiences in R. Reference: An introduction to R. The software and the introductory manual may be downloaded from http://www.r-project.org/.