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Method of Simulated Moments Criterion#

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import pandas as pd
import respy as rp

respy can construct a criterion function for estimation with the Method of Simulated Moments (MSM) (McFadden, 1989) that can easily be passed on to an optimizer for estimation. MSM estimation requires a number of calibration choices and respy’s interface is designed to allow users as much flexibility as possible when setting up a criterion function for estimation. This guide discusses the functions of the interface with focus on the different options for specifying inputs. For a concise overview of all functions, we refer users to the respy API.

API For all functions see respy API.