This course will present the methodology of econometric estimation of economic efficiency. We will examine the stochastic frontier model as an econometric extension of the classical microeconomic theory of production and cost at the individual producer level. Basic models for production, cost...

What are the likely employment effects of the new tax credit policies? How might road user charges alter patterns of transport use? Can a change in the provision of pensions affect the decision to retire? How much do policy reforms cost? To what extent are initial costs reduced through...

This three day course will study the specification, estimation, and application of discrete choice models. We will examine theoretical background and practical application of up to date and frontier techniques in the analysis of microeconometric models for discrete data. Actual studies will be...