Using GMM estimation

[ev2889]

I am using the Generalized Method of Moment estimation. I notice that there are 2 ways to conduct the analysis: (1) enter the explanatory variables and instrumental variables in different columns, and choose the relevant features (cross-section, time, GMM weight, coefficient covariance method, etc.), or (2) click on "Dynamic GMM" button and fill in the required info. I wonder if these two methods would yield same or different results. For method (2), the lagged dependent variable will become the explanatory variable but in method (1), no such result is shown. I like to know what are the difference between methods (1) and (2).

Ev

[EViews Gareth]

Using the Dynamic Wizard just fills in the dialog for you. You can manually fill it in in the same way, and get the same results.