search for: tp3006652p3008121

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2010 Oct 22
2
Error message in using nlm() and optim()
I am facing a problem when trying to maximize the likelihood function. I am actually estimating a dynamic switching regression model using simulated likelihood approach. The likelihood function is estimated using Simulations and is extremely complex. It comprises of 16 parameters ,q1, q2, q3,.......q16. While attempting to maximize the likelihood function, using the functions nlm() and optim(),