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Maximum likelihood estimation

Posted: Sun Sep 01, 2013 6:48 pm
by griffithstudent
I am trying to estimate a parity bound model. I got the code for the programme from a earlier post. But when I run the programme, eviews give a warning msg, which says. " singular covariance- coefficients are not unique. further it does not give values for std.error, z-statistic or prob.

Any help in this is greatly appreciated.

Re: Maximum likelihood estimation

Posted: Sun Sep 01, 2013 8:29 pm
by startz
Try different starting values. Sometimes that helps, but not always.