The method of moments is based on a relation E[superscript theta[subscript 0]](h(X[subscript t, theta)) = 0, from which an estimator of theta is deduced. In many econometric models, the moment restrictions can not be evaluated numerically due to, for instance, the presence of a latent variable....

A general estimation approach combining the attractive features of method of moments with the efficiency of ML is proposed. The moment conditions are computed via the characteristic function. The two major difficulties with the implementation is that one needs to use an infinite set of moment...