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by cowabunga
Wed Jun 24, 2015 6:09 am
Forum: Estimation
Topic: GMM Singular Matrix Error
Replies: 2
Views: 3128

Re: GMM Singular Matrix Error

Try setting c(2) and c(3) to what you think are reasonable guesses. Double click on the "C" object and enter values as you would for any other object.
Thank you very much for your quick reply
by cowabunga
Tue Jun 23, 2015 10:42 am
Forum: Estimation
Topic: GMM Singular Matrix Error
Replies: 2
Views: 3128

GMM Singular Matrix Error

Hi, I'm trying to estimate euler equation with delta-beta discount factor (attached workfile) My input is c(1)*r(+1)(1-(1-c(2)*apc))(cons_growth^-c(3))-1 Instrument :apc i inflation disp_income I kept getting Singular Matrix msg. I searched old thread and found that I should change initial values in...

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