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Method of Moments approach

Posted: Wed Oct 04, 2017 3:00 am
by condor
Chapter 9 of the SSM DSGE e-course outlines a "method of moments" approach for the estimation of t distributed errors. However, Durbin and Koopman (2012) book estimates the parameters with "Monte Carlo maximum likelihood". Is there a comprehensive reference for this "method of moments" approach where I can study and understand in detail its application to this particular case?

Re: Method of Moments approach

Posted: Wed Oct 04, 2017 8:07 am
by TomDoan
That's still in D-K. See the p317 example.