Dear experts,
For my master thesis I'm trying to replicate the results of Boswijk, Hommes and Manzan (2007). They estimate the following model:
[ATTACH=CONFIG]temp_15829_1569666325994_470[/ATTACH]
R* and x are known. Phi 1, Phi 2 and Beta* have to be estimated using non linear regression. My weekly data corresponds well with the monthly data of the paper.
If n(t) is substituted in the first equation. The model could be estimated using NLLS. In Stata 15, I ran the following command:
nl (Rx = {b1}*(x_min_1*(1/(1+exp(-1*{b3}*(({b1}-{b2})*x_min_3*(x_min_1-R_star*x_min_2)))))) + {b2} * x_min_1 *(1-(1/(1+exp(-1*{b3}*(({b1}-{b2})*x_min_3*(x_min_1-R_star*x_min_2)))))))
[ATTACH=CONFIG]temp_15830_1569666728917_24[/ATTACH]
b1 corresponds to Phi 1, b2 to Phi 2, and b3 to Beta*. I tried several initial values. And also the estimated values of Boswijk et al. However, I do not get any standard deviations, t values, p values and CI for b2. This happens with different initial values and only for b2.
So, does anyone know what could cause the blanks for b2?
Thank you in advance for any suggestions,
Thomas van der Meiden
Related Posts with Blank estimation values with non linear least squares
Linear regression using a time variableHi all, I'm having some difficulties in doing a linear regression for my research. My dataset consi…
IV using panel data and fixed effectsHi, I am using panel data about women's wellbeing and influencing factors, therefore, I have been u…
Latent class analysis using gsem - Cross validationHi, I'm trying to learn LCA/LPA using gsem command in Stata by walking myself through Masyn (2013) -…
Three-year volatilityI have been looking on the forum for a topic about three-year volatility but I didn't find what I wa…
Computing the consistency ratio and consistency index for analytic hierarchy process with matahey everyone, i'm completely new to stata and mata as well. im trying to figure out if there is a p…
Subscribe to:
Post Comments (Atom)
0 Response to Blank estimation values with non linear least squares
Post a Comment