Table 2.

Average Percent Absolute Bias IV versus Bivariate Probit (BVP)

Sample Size	IV (%)	BVP (%)
1,000	16.13	15.00
5,000	10.65	6.89
10,000	11.75	4.75
50,000	11.30	2.13
100,000	11.17	1.57
500,000	11.40	0.70

IV, instrumental variables.