Doing Maximum Likelihood Estimation by Hand in R
Lately I’ve been writing maximum likelihood estimation code by hand for some economic models that I’m working with. It’s actually a fairly simple task, so I thought that I would write up the basic approach in case there are readers who haven’t built a generic estimation system before. First, let’s start with a toy example [...]
Theme Change
I’ve changed the theme on this blog to the Hybrid theme. I was tired of how busy the old theme was, and I wanted more space for graphics and code snippets. If you have any suggestions for cleaning things up even more, please let me know.