General information

•           This coursework accounts for 50% of your final mark.

•           The coursework is an individual piece of work. You are required to write your     own answers and cannot work jointly. All submissions will be routinely checked for plagiarism. [Plagiarism Policy]

•           The deadline for the submission of the coursework is 12 Dec 2023 by 12:00:00 (12 noon).

•           The coursework must be submitted via Canvas in pdf format.

•           The coursework should not be longer than 2,000 words.

•           Figures and tables do not count towards the word limit.

•           Copying and pasting Stata output (except for graphs and figures) is not acceptable. You should create properly formatted tables.

•           Equations count towards the word limit.

•           You may draw on the existing literature to support your discussion. Any external sources consulted for this project should be referenced correctly.

•           An Appendix should be attached at the end of the essay that will contain the Stata commands used to obtain the results. The Appendix does not count

towards the word limit.

How to dowell

• Perform the appropriate quantitative analysis. Investigate the structure of your data set and think carefully which methodology and which variables you are going to use.

• Perform statistical tests to support your results and empirical approach if needed.

• You might use tables and graphs to develop and justify your empirical strategy.

•           Present your tables clearly, provide a detailed and thorough analysis of all the

findings (without going over the word limit) and discuss whether they are precise or not.

•           Submit a well organised and detailed Stata code.

•           Submit a piece of work that is well written, with no typographical or grammatical mistakes, well organised and well formatted.

Assignment

In this coursework we are interested in investigating (A) the determinants of crime rates in    different counties of the United States and (B) the relationship between unemployment and economic growth in the UK. For Part A you should use the data set crime.dta and for Part B  you should download the required data from the World Bank data portal. Please answer both questions below and enclose your Stata do-files with comments.

A.  Crime in Counties of the United States. [50% -1000 words]

The data set crime.dta contains information on 90 counties in the US for the years 1981  to 1987. Develop an empirical strategy to explain crime rates for counties in this sample. Explain and justify your strategy carefully, then implement the strategy. Present tables    with your results and discuss your findings.

B.   Unemployment and Economic Growth. [50% - 1000 words]

Retrieve the required data from the World Bank Open Data portal

(https://data.worldbank.org/). Use as many years as you deem necessary. Develop an

empirical strategy to explain the relationship between unemployment and economic

growth in the UK. Explain and justify your strategy carefully in the light of the underlying theory of Time Series Econometrics, then implement the strategy. Present tables with

your results and discuss your findings.

Module Learning Outcomes:

In this assessment the following learning outcomes will be covered:

LO 1. Demonstrate systematic knowledge and understanding of econometric methods and tools and their application to specific problems.

LO 2. Conduct complex empirical econometric investigations and interpret their results.

Grading Criteria:

A good answer will:

• Perform the appropriate quantitative analysis in each of the problems.

• Provide a detailed and thorough analysis of the quantitative analysis and all the findings, without going over the word limit.

• Provide awell organised and detailed Stata code.