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Estimating gamma in this model

Posted: Thu Nov 26, 2009 12:05 pm
by Rosacabana
ANPfunctionalform1.png
ANPfunctionalform1.png (70.18 KiB) Viewed 2535 times
ANPfunctionalform2.png
ANPfunctionalform2.png (15.44 KiB) Viewed 2535 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!