Journal article

On GMM estimation of distributions from grouped data

W Griffiths, G Hajargasht

Economics Letters | Elsevier | Published : 2015


For estimating distributions from grouped data, setting up moment conditions in terms of group shares and group means leads to an optimal weight matrix and a GMM objective function that are considerably simpler than those from a previous specification. Minimization is more efficient and convergence is more reliable.

University of Melbourne Researchers