ESSAY
SECTION 1
300-400 words about why you chose the particular topic (eg estimate cash flow sensitivity over the years, before and after crisis cash flow sensitivity, in different sectors?)
1st sentence, Straight forward, this essay pays attention to xxx
2nd sentence, what other people have been doing, aims
3rd sentence, However, why did you choose to do this? Eg recent research inconsistent with what other people have done, show that it is controversial, use graphs and statistics to support your argument points, end with why you are studying/of interest
4th sentence: state clearly your research question that correlates to the 3rd sentence, and outline the parameters with estimation, using models that previous researchers have been using
5th sentence state how your research question will be answered followed by your null hypothesis and theory
SECTION 2
1000 words on theory, expectations from H0, cross section, panel data or time series, model related to the hypothesis
SECTION 3
RESULTS
Describe data (mean variance etc)
Describe results (coefficient regression bla bla bla)
Consideration and results (main conclusion + implication of your study, e.g. your contribution to the field of study) **evidence based conclusion**
*STATA tables cannot be copied
Preliminary evidence, descriptive statistics (give an idea about trends on the numbers relevant to theory) eg profits reduced (200 Words)
500 words – One or two tables from output from STATA, typed out in a particular table so as to not show mistakes in equations or what not, r^2 is important, follow a published paper, describe about the results