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Empirical Methods for Microeconomic Applications

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Presentation on theme: "Empirical Methods for Microeconomic Applications"— Presentation transcript:

1 Empirical Methods for Microeconomic Applications
William Greene Department of Economics Stern School of Business

2 Lab 3. Useful Tools

3 Upload Your Project File

4 Tools Model and Function Simulator
Partial Effects for Models and Functions Standard Errors for Functions of Parameters Delta Method Krinsky and Robb Bootstrapping Estimators

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28 SAMPLE ; $ PROCEDURE $ CLOGIT ; Lhs=mode ; Choices=air,train,bus,car ; Rhs=invt,invc,gc,ttme;Rh2=one,hinc $ CALC ; wtp = b(1)/b(2) ENDPROC $ EXECUTE ; n=100 ; bootstrap=wtp ; group = 4 ; histogram $


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