Program

 Friday, March 23^th

09.00-10.30 Registration and Welcome

10.30-12.00 Lecture 1: Overview of Basic Techniques

- “micro” vs. “macro” panel techniques

- basic panel unit root tests

- basic panel cointegration tests

12.00-13:00  Discussion

13.00-14.30 Lunch

14.30-16:00 Lecture 2: Estimation and Inference in Cointegrated Panels

- basic estimation techniques

- computer illustrations

- small sample problems and other practical issues

16.00-16.30 Coffee break

16.30-18.00 Lecture 3: Treatment of Cross Sectional Dependence I

- GLS approaches

- factor model approaches

- economic interpretations

18:00-19:00 Discussion

Saturday, March 24^th

10.30-12:00 Lecture 4: Treatment of Cross Sectional Dependence II

- general bootstrap approaches

- practical problems, mixed panels, incidental trends

- nonparametric systems based approaches

12.00-13:00  Discussion

13.00-14.30 Lunch

14.30-16.00 Lecture 5: Analysis of Dynamics in Panels

- long run causality testing

- structural VAR analysis in panels.

16.00-17.00 Discussion