Rehtymno, Greece

Econometrics of Duration Data with Macroeconomic Applications

when 31 July 2017 - 7 August 2017
language English
duration 1 week
credits 4.5 EC
fee EUR 1500

The topic of the 12th Advanced Summer School is on "Econometrics of Duration Data with Macroeconomic Applications". Nicholas Kiefer, Professor in the Dept of Statistical Sciences, Cornell University, USA, will be the Distinguished Guest Professor.

Since 2006 the Department of Economics of the University of Crete is successfully running its Advanced Summer School in Economics and Econometrics-ASSEE. From 2015 the summer course is co-organized with the Department of Agricultural Economics of the Aristotle University of Thessaloniki.

ASSEE is one of the few summer courses in the world combining high-quality morning lectures with extensive computer practicals in the afternoon. World leading scholars teach every year a different topic in economics and/or econometrics.

ASSEE takes place every year in Rethymno, which is a lovely small town located in the western part of the island of Crete, Greece. The period in which the course takes place every year is the last part of July and beginning of August: it's a wonderful period in Crete, as the weather starts being very generous with sunny and warm days.

During the course, you will be given the chance to interact with students from a diverse range of backgrounds and cultures, both in and out of class. You will be exposed to a variety of insights and opinions, and form friendships and networks that span the globe.

Participants from 24 different nationalities have attended the ASSEE of which 60.9% are from EU countries other than Greece, 22.2% come from Non-EU countries and 16.9% are Greek.

In addition, on average 81.8% of participants are from Academia. Over the course of the years the majority of participants have been Graduate Students (73%) while 27% of the participants have been Faculty Members or Researchers.

Course leader

Nicholas Kiefer, Dept of Statistical Sciences, Cornell University
Topics covered by ASSEE 2017 include
Duration and Survival Analysis
Review of problems leading to models based on censored distributions of durations.
Hazard functions and distribution

Target group

The applicants for the Summer School are expected to have at least a Master's degree in economics and/or econometrics or in relevant subjects with a strong background in economics and currently, be engaged in academia. Some may be chosen from outside academia (e.g., government, private sector, NGOs), if they have the minimum academic qualification and relevant experience.

Course aim

You will be taught by world leading academics from both Europe and the USA. The choice of instructors is based on their academic excellence and relevance to up-to-date research in economics and econometrics.

During the last ten years ASSEE attract students from all over the world ensuring our summer school has a wide international focus establishing strong academic networks between students and instructors.

For four consecutive years (2013 until 2016) it was ranked among the top ten economics summer schools from Inomics.

Fee info

EUR 1500: ASSEE tuition fees are set to 1,500 € and include:

- Accommodation for seven (7) nights (from Sunday to Saturday) including breakfast,
- Two (2) coffee breaks during classes from Monday to Friday,
- Daily lunch at the University Restaurant from Monday to Friday,
- A welcome reception on Monday evening,
- A farewell dinner in a local tavern on Friday evening,
- An excursion to Plakias on Wednesday afternoon
- An excursion to the Minoan Palace of Knossos and Heraklion Archaeological Museum on Saturday morning,
- All teaching materials (i.e., class notes, program codes) provided by the instructor.


For groups of five (5) students or more we are offering a 20% discount on tuition fees. In any case for groups of students please contact us before the application deadline. After the 1st of May group discount is not eligible.