New Delhi, May 24: Prof. Jeffrey M. Wooldridge, Eminent Econometrician and Distinguished Professor at Michigan State University, USA deliver lectures at Summer School in JMI.
Professor Jeffrey Marc Wooldridge, eminent Econometrician and presently the Walter Adams Distinguished Faculty Fellow in Economics & University Distinguished Professor at Michgan State University, USA delivered two lectures on “Panel Data Techniques” in the National Summer School on “Advanced Panel Data Analysis Using Stata” being organized by the Department of Economics, Jamia Millia Islamia (JMI) during 20-23 May, 2024.
His lectures focused mainly on the issues of estimating impact of policy changes or other exogenous changes such as natural disasters in cases when different individuals or units of analysis get exposed to intervention at different points of time. This is seen as formidably difficult to estimate but very frequently faced problem in the space of impact analysis. Professor Wooldridge clearly demonstrated that it is essentially a problem specifying data and model. In the light of his lecture, the estimation of such difficult problem boils down to simple regression provided that we are able to specify the data and model correctly.
His lectures were organized through Zoom platform and well attended by scholars from India and Abroad. The lecture was followed by question and answer session where in participants got a chance to interact and raise their queries. His lecture was highly useful and interesting to the participants.
At the end, the lectures were briefly summarized by Dr. Zakaria Siddique, the organizing secretary of the summer school & Associate Professor. He threw light on the fact that how Prof. Wooldridge has explained complex concepts in simple language which can be comprehended by all.. Dr. Vasim Akram and Dr. Kashif Khan (organizing secretaries of the summer school) coordinated the event. Prof. Asheref Illiyan, Director Summer School and Head, Department Economics, JMI expressed his deep sense of gratitude to Prof. Woooldrige for sparing his precious time and interacting with the participants of the Summer School. He informed Wooldrige that the Department looks forward to have interaction with him in future as well both in online and offline mode.