Praag, Bernard M. S. van; Hop, J. Peter; Greene, William - 2025
functions on a large scale. Our proposed alternative estimation method, based on the Generalized Method of Moments (GMM …), circumvents this multivariate integration problem. The method is based on the assumed zero correlations between explanatory … and Jk response categories for the kth equation. It also yields a simple method to estimate polyserial and polychoric …