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Advanced Seminar Economics, Policy & Econometrics: Regression Shrinkage Methods in Economics

MGT001311Specialization in Management6 ECTSEnglishwinter semesterProfessur für Applied Econometrics (Prof. Farbmacher)
AI-edited module sheet. Based on the TUMonline module description, edited for readability.Original in TUMonline

What it is about

You learn fundamentals and applications of Regression Shrinkage methods (e.g., Ridge and Lasso). By the end you can apply the methods to empirical economic questions, understand their theoretical prerequisites, and interpret the results meaningfully.

What you will be able to do

  • Apply Regression Shrinkage methods
  • understand technical conditions and assumptions
  • assess limitations in practical applications
  • interpret econometric results

What the module consists of

  • SeminarPreparation and discussion of topics; presentation and written elaboration

Teaching method

  • Seminar-based courseIntroduction to theory and applications, discussion of current results and presentations by participants
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