Hajivassiliou, Vassilis A.; McFadden, Daniel L. - In: Econometrica 66 (1998) 4, pp. 863-896
The method of simulated scores (MSS) is presented for estimating limited dependent variables models (LDV) with flexible correlation structure in the unobservables. The authors propose simulators that are continuous in the unknown parameter vectors, and hence standard optimization methods can be...