Thursday, May 26, 2022

GMM estimation and Agumented taylor rule

How to estimate the four parameters of the Augmented Taylor Rule
i_t=(1-ρ)α+(1-ρ)βπ_(t+n)+(1-ρ)γx_t+ρi_(t-1)+ε_t

using Generalized Method of Moments (GMM) in STATA ? Please I need help

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