Thank you very much for your quick replyTry 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.
Search found 2 matches
- Wed Jun 24, 2015 6:09 am
- Forum: Estimation
- Topic: GMM Singular Matrix Error
- Replies: 2
- Views: 3128
Re: GMM Singular Matrix Error
- 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...
