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Conditional Moment Estimation of Nonlinear Equation Systems

- With an Application to an Oligopoly Model of Cooperative R&D

Bag om Conditional Moment Estimation of Nonlinear Equation Systems

Generalized method of moments (GMM) estimation of nonlinear systems has two important advantages over conventional maximum likelihood (ML) estimation: GMM estimation usually requires less restrictive distributional assumptions and remains computationally attractive when ML estimation becomes burdensome or even impossible.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783540412076
  • Indbinding:
  • Paperback
  • Sideantal:
  • 214
  • Udgivet:
  • 6. november 2000
  • Udgave:
  • 12001
  • Størrelse:
  • 235x155x12 mm.
  • Vægt:
  • 355 g.
  • 8-11 hverdage.
  • 14. december 2024
Forlænget returret til d. 31. januar 2025

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Beskrivelse af Conditional Moment Estimation of Nonlinear Equation Systems

Generalized method of moments (GMM) estimation of nonlinear systems has two important advantages over conventional maximum likelihood (ML) estimation: GMM estimation usually requires less restrictive distributional assumptions and remains computationally attractive when ML estimation becomes burdensome or even impossible.

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