Important information: the 2024 summer courses will be face-to-face for a registration fee of EUR 1500 per course. We also offer the opportunity to follow the courses online on a Cisco/Webex platform for a reduced registration fee of EUR 1200 per course. Discounts are available for multiple applications from the same institution, for PhD students and based on financial need.
Registration deadlines:
- July 5, 2024 for WEEK 1. (Prof. Albrecht Glitz)
- July 12, 2024 for WEEK 2. (Prof. Andreas Fagereng)
2024 COURSES
WEEK 1
July 15 - 19, 2024
Title: Quantitative Methods for Public Policy Evaluation.
Instructor: Albrecht Glitz, Universitat Pompeu Fabra
Topics covered
The main challenge for policy evaluation is to establish a causal link between interventions and outcomes. The objective of this course is to introduce the main econometric approaches used in the evaluation of public policies: randomized controlled trials, regression discontinuity designs, selection on observables, (dynamic) difference-in-differences, and synthetic control methods. The course presents strengths and weaknesses of each approach in terms of internal and external validity. During the morning sessions, each approach will be presented and illustrated with specific examples in the areas of labor economics, health economics, and the economics of education. In the afternoon sessions, participants will replicate the results of a prominent published study for each evaluation approach in Stata. The corresponding data and code (also in R) will be provided in advance.
WEEK 2
July 22 - 25, 2024
Title: Heterogeneity in Household Balance Sheets: Consumption, portfolio choice and implications for policy.
Instructor: Andreas Fagereng, BI Norwegian Business School
Topics covered
This course in household finance will explore essential topics including household portfolio choice and the implications of heterogeneity in household balance sheets. It begins with an in-depth look at household stock market participation and portfolio choices throughout the life cycle, drawing from both theoretical frameworks and empirical evidence. Additionally, the course delves into empirical research that highlights the dynamics of household consumption, income, and saving behaviors, with a particular focus on the variation in household balance sheets and its consequences for policy interactions. The course may also discuss how demographic changes influence asset holdings and the potential effects on wealth inequality. Moreover, the course will examine heterogeneity in risk preferences and expectations among households, providing a comprehensive understanding of the factors driving financial decisions in different household contexts.