First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Economics and Political Science
ECONOMICS AND FINANCE
Course unit
TOPICS IN THE ANALYSIS OF PUBLIC POLICY
ECO2045298, A.A. 2017/18

Information concerning the students who enrolled in A.Y. 2016/17

Information on the course unit
Degree course Second cycle degree in
ECONOMICS AND FINANCE - ECONOMIA E FINANZA
EC1935, Degree course structure A.Y. 2014/15, A.Y. 2017/18
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Degree course track ECONOMICS AND PUBLIC FINANCE [002PD]
Number of ECTS credits allocated 10.0
Type of assessment Mark
Course unit English denomination TOPICS IN THE ANALYSIS OF PUBLIC POLICY
Department of reference Department of Economics and Management
Mandatory attendance No
Language of instruction English
Branch PADOVA

Lecturers
Teacher in charge GIORGIO BRUNELLO SECS-P/02
Other lecturers MARCO BERTONI SECS-P/05

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Educational activities in elective or integrative disciplines SECS-P/02 POLITICA ECONOMICA 5.0
Educational activities in elective or integrative disciplines SECS-S/03 Statistics for Economics 5.0

Mode of delivery (when and how)
Period First semester
Year 2nd Year
Teaching method frontal

Organisation of didactics
Type of hours Credits Hours of
teaching
Hours of
Individual study
Shifts
Lecture 10.0 70 180.0 No turn

Calendar
Start of activities 02/10/2017
End of activities 19/01/2018

Syllabus
Prerequisites: Intermediate micro, macro and econometrics
Target skills and knowledge: In the first part of the course the student will be exposed to econometric methods applied to micro data

In the second part he / she will see applications of these methods to several topics in labour, health and education
Examination methods: written exam plus a presentation of a paper in the relevant area at the end of the course
Assessment criteria: The evaluation will include the ability to present somebody else's research as well the understanding of methods and their applications
Course unit contents: Part 1: Econometric Methods
Marco Bertoni


Aims & Outline
The course aims at introducing students to the econometrics of policy evaluation.

The course will introduce the notions of potential outcomes and causal parameters. After discussing the fundamental problem of causal inference, the course will present the counterfactual approach to causal inference and some common methods for the identification of causal parameters.

The course will specifically focus on the following five identification strategies:
1. Randomization and the design of experiments
2. Regression, matching and the “selection on observables” assumption
3. Instrumental variables under constant and heterogeneous treatment effects – the LATE theorem
4. Sharp and Fuzzy regression discontinuity designs
5. Difference in differences and fixed effects models

The course will complement lectures on econometric theory with applied examples. The examples will be mainly drawn from labour economics, the economics of education and health economics.

Textbooks

The suggested textbook is:
Angrist, J.D., and Pischke, J.S., 2008. Mostly Harmless Econometrics. Princeton University Press. We will cover chapters 1 to 6.

An introductory textbook is:
Angrist, J.D., and Pischke, J.S., 2014. Mastering ‘Metrics. Princeton University Press.

Evaluation
There will be a written exam that will be joint with the 2nd part of the course.
Part 2: Applications
Giorgio Brunello

This part of the course covers several topics in the economics of labour and education. The first part is a standard graduate labour economics course. The second part considers different topics in the economics of education.
Planned learning activities and teaching methods: lectures

if feasible exercises using Stata will be provided
Additional notes about suggested reading: a reading list will be provided
Textbooks (and optional supplementary readings)