when you write up your replication, it would be helpful if you explained
what the model was you were replicating. when you do this, don't just
write down the name of the model, since the same models are often called
different things.
what you should do is to write down the model in full mathematical
notation so we can all figure out what it is. the way to do this is
exactly as i've been doing in class, including all the first principles
necessary to produce the likelihood function. this will always include a
stochastic component and a systematic component, and often more.
when you write mathematical notation, be sure that each and every symbol
is defined. if you have an index, such as for an observation number, be
sure to say what it goes from and to (e.g., Y_i for observation i,
i=1,...,n).
Gary
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