Chloe Chayo‘s research paper for ECO475 was runner up for the Arthur Hosios Scholarship in Economics. Applied Econometrics II continues from ECO375, but in this course the regression model is extended in several possible directions: time series analysis; panel data techniques; instrumental variables; simultaneous equations; limited dependent variables. Students complete a major empirical term paper, like Chayo’s below, that applies the tools of econometrics to a topic chosen by the student.
The essay not only exhibits a high standard of research rigour and excellent writing, but the choice of topic serves as an example of the immediate relevancy of economics research. Undergraduate students have the opportunity to examine the real world around them using the tools of econometrics. The Ontario Legislature passed the Pay Transparency Act six years ago. During the 2022-2023 academic year, Chayo examined its impact of the gender wage gap here in the province.