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In this graduate seminar we will study recent empirical research and methods in political economy. We place particular emphasis on the connection of (formal) theory and empirical analysis, focusing on how theoretical models inform empirical research and vice versa. Further, students will gain hands-on experience with empirical analysis, learning modern econometric and statistical techniques aimed at linking theory and data. The course will be a hybrid of lectures and student presentations. This course complements Modern Political Economy A, which approaches the same topics from a theoretical perspective. It is strongly recommended that students take this course and Modern Political Economy A.