https://communities.sas.com/t5/SAS-Procedures/GMM-CWM-measure/m-p/70863#M20408 I have never used a GMM system and now I should use it in my master thesis to estimate Ferson's &amp; Khang's CWM-measure (Conditional Weight-Based Measure) which is used to estimate the conditional performance of a fund manager.<BR /> <BR /> Here is the link for the article <A href="http://www.marshall.usc.edu/faculty/ferson/vita/khang.pdf" target="_blank">http://www.marshall.usc.edu/faculty/ferson/vita/khang.pdf</A> and the page is 14 where the set-up for the GMM is mentioned.<BR /> <BR /> I would be deeply indebted if somebody would give an example code which solves my problem. Thu, 22 Jan 2009 22:47:10 GMT deleted_user 2009-01-22T22:47:10Z https://communities.sas.com/t5/SAS-Procedures/GMM-CWM-measure/m-p/70863#M20408 I have never used a GMM system and now I should use it in my master thesis to estimate Ferson's &amp; Khang's CWM-measure (Conditional Weight-Based Measure) which is used to estimate the conditional performance of a fund manager.<BR /> <BR /> Here is the link for the article <A href="http://www.marshall.usc.edu/faculty/ferson/vita/khang.pdf" target="_blank">http://www.marshall.usc.edu/faculty/ferson/vita/khang.pdf</A> and the page is 14 where the set-up for the GMM is mentioned.<BR /> <BR /> I would be deeply indebted if somebody would give an example code which solves my problem. Thu, 22 Jan 2009 22:47:10 GMT https://communities.sas.com/t5/SAS-Procedures/GMM-CWM-measure/m-p/70863#M20408 deleted_user 2009-01-22T22:47:10Z