Table 1.
(δ, λ) | Estimator | Bias | Variance | Empirical Var | α |
---|---|---|---|---|---|
(0,0) | ACE | 9 10-5 | 0.0023 | 0.0023 | 0.045 |
CI | 6 10-4 | 0.0025 | 0.0024 | 0.037 | |
G | 8 10-4 | 0.00067 | 0.00072 | 0.066 | |
OLS | 4 10-4 | 0.00041 | 0.00042 | 0.058 | |
NI | 6 10-4 | - | 0.0010 | - | |
| |||||
(0,-2) | ACE | 9 10-5 | 0.0023 | 0.0023 | 0.045 |
CI | -0.024 | 0.14 | 0.11 | 0.066 | |
G | 1.32 | 0.0056 | 0.0058 | 1.00 | |
OLS | 2.40 | 0.0050 | 0.019 | 1.00 | |
NI | 0.063 | - | 0.028 | - | |
| |||||
(1,0) | ACE | 3 10-4 | 0.0013 | 0.0013 | 0.050 |
CI | 3 10-3 | 0.00059 | 0.00052 | 0.053 | |
G | 1 10-4 | 0.00028 | 0.00029 | 0.054 | |
OLS | 5 10-5 | 0.00023 | 0.00023 | 0.050 | |
NI | 5 10-4 | - | 0.0011 | - | |
| |||||
(1,-2) | ACE | 0.00029 | 0.0013 | 0.0013 | 0.050 |
CI | 0.12 | 0.016 | 0.016 | 0.24 | |
G | 0.57 | 0.0062 | 0.0063 | 1.00 | |
OLS | 1.33 | 0.0056 | 0.029 | 1.00 | |
NI | -0.30 | - | 0.035 | - |