Estimating gamma in this model

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Rosacabana
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Joined: Thu Nov 26, 2009 11:12 am

Estimating gamma in this model

Postby Rosacabana » Thu Nov 26, 2009 12:05 pm

ANPfunctionalform1.png
ANPfunctionalform1.png (70.18 KiB) Viewed 2493 times
ANPfunctionalform2.png
ANPfunctionalform2.png (15.44 KiB) Viewed 2493 times
Could someone please explain to me how "gamma" is calculated in the model above (in equation #4, the term the arrow is pointing to). What are the estimation commands? What is this model called?

Much thanks, double that for Thanksgiving!
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