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no valid observations in equation

Posted: Sat Sep 22, 2012 5:23 am
by hl545
I am quite new user to Eviews. In the attached, I tried to run the system GMM estimation by writting down the equations in the system object and then clicking estimate botton. However, Eviews always show that ''no valid observations in equation...'. I checked my data and there is no problem of them. I am really confused where is wrong about my estimation. Thanks!

Re: no valid observations in equation

Posted: Sat Sep 22, 2012 7:52 am
by startz
In the last line you're dividing by c(3), which equals zero.