Banking system is considered as one of the most important economic sectors of every country. Because of the dependency between the performances of different sectors in economy, instability in banking sector will lead to disorder in all the other economic sectors. Marketization can influence banking stability. The primary objective of the present study is to investigate the relationship between ...

Model selection and estimation are crucial parts of econometrics. This paper introduces a new technique that can simultaneously estimate and select the model in generalized method of moments (GMM) context. The GMM is particularly powerful for analyzing complex data sets such as longitudinal and panel data, and it has wide applications in econometrics. This paper extends the least squares based ...

This study has examined the impact of remittances on human capital based 23 Sub-Saharan countries (SSA) from 1981 to 2010. Our primary contribution lies in demonstrating that have a positive enhancement these SSA countries. The results indicate 1 percent increase leads 0.26 rise average years schooling. To ensure credibility our findings, we employ Generalized Method Moments (GMM) approach cont...

The debt and reserve are playing a pivotal role in the growth development of national economies. To examine foreign public (FPD) on exchange (FER) study used panel data by considering 20 Sub-Saharan Africa (SSA) countries interacting FPD with governance index across 15 years. dynamic static Generalized Method Moments (GMM) models were utilized after checking possible assumptions. GMM model foun...

ExpEnd is a Gauss programme for non-linear generalised method of moments (GMM) estimation of exponential models with endogenous regressors for cross section and panel data. The estimators included in this package are simple Poisson pseudo ML; GMM for cross section data using moment conditions based on multiplicative or additive errors; within groups fixed effects Poisson for panel data; GMM est...

This paper explores the impact of information disclosure and transparency on Vietnamese banks’ risk-taking by using Generalized Method Moments (GMM) approach with panel data 28 commercial banks from 2007 to 2019. A notable new contribution study is authors constructed a index for evaluate bank through this index. Research results show that more transparent complete discloses, safer is. Furtherm...

This paper overviews some recent advances on simulation-based methods of estimating time series models and asset pricing models that are widely used in finance. The simulation based methods have proven to be particularly useful when the likelihood function and moments do not have tractable forms and hence the maximum likelihood method (MLE) and the generalized method of moments (GMM) are diffic...

This paper investigates a generalized method of moments (GMM) approach to the estimation of autoregressive roots near unity with panel data and incidental deterministic trends. Such models arise in empirical econometric studies of Þrm size and in dynamic panel data modeling with weak instruments. The two moment conditions in the GMM approach are obtained by constructing bias corrections to the ...