Method of moments and generalised method of moments - basic introduction

Provides an introduction to Method of Moments (MM) and Generalised Method of Moments (GMM) estimators.
If you are interested in seeing more of the material, arranged into a playlist, please visit: • Graduate econometrics
. Also, check out: ben-lambert.co... for course materials, and information regarding updates on the econometrics courses. For more information on econometrics and Bayesian statistics, see: ben-lambert.com/

[@dudeB15]

Ben Lambert you are seriously the gold standard in teaching

[@luistato7437]

Good old Ben Lambert. Oxford think they can hide my guy Ben by publishing their lectures on Ox educ, but they're wrong. We know. This Ben Lambert, this not Ox educ. Keep doing your thing Ben, we are all deeply in love with you and you have single handedly graduated more people than lots of universities

[@z.kuwait5277]

Ben, I'm watching your videos this year and I'm super super grateful for your videos! Idk what I'd do in my econometrics course this semester without you!

[@danee593]

Ben Lambert you are a god!

[@finbarrseanodonoghue3817]

Very clear, concise introduction!

[@johnzhang6612]

Thank you! Best explanation I have ever seen!

[@vipulsharma3751]

Loved it, it helped!! Thanks for the content

[@andrewncube283]

Thank you for the lesson. If I may ask which software did you use here?

[@nstar0203]

Thanks, really helpful and clear explanations.

[@rakotondrazakatojoherilant6403]

Why the third equation of population moment condition got 3 times sigma square?

[@007CXY]

Very clear explanation (love the accent)

[@zahrariaz8276]

your video is very helpful. Thank you.
kindly make a video on probability weighted moments.

[@JulianS-r2t]

1:01-1:04 of video. What is a Sample precisly? Where or how we might get it?

[@scLightO]

Nice explanation!

[@kevinaud6461]

Great video, thanks! Your sigmas look so much like 6s though...

[@williamgruben2172]

A lower case sigma looks like a 6. And upper case sigma looks like a sideways M

[@lckite9823]

william gruben not really like a six. Look at them: σ, 6. Big difference

[@punkntded]

Why would we need more than two moment equations?

[@juamocoustic]

If you have more information about your population, incorporating this information into your estimate increases the efficiency. It'd be a shame to waste information that you have about the population, hence you use the GMM if you have more MCS available.

[@davisvance]

why is the expected value of x^2 = sigma^2 + mu^2?

[@ArielSasson]

sigma^2 = V(X) = E(X^2)- E(X)^2. so E(X^2) = sigma^2 + E(X)^2 = sigma^2 + mu^2

[@victorvhikto8835]

thanks....really works

[@edwardraywer4198]

Thanks...

[@nthurn123]

didnt know sigma = 6

[@ArielSasson]

HAHAHAHA