Table 3.

Means and standard errors based on model averaging for the parameters of the model with asymmetric Laplace shape function.

Parameter	Data set 2			Data set 4
	True	Mean	S.E.	True	Mean	S.E.
R 21	0.7933	0.7907	0.008395	0.8703	0.8598	0.008567
R 31	0.3567	0.3593	0.006669	0.4223	0.4347	0.006836
R 41	0.1166	0.1229	0.005162	0.1478	0.1575	0.005743
R 51	0.0306	0.0328	0.002562	0.0413	0.0441	0.003436
M 1*	1456.66	1456.674	0.0006	1584.76	1584.764	0.0006
R 22	0.7933	0.7842	0.02669	0.8703	0.8487	0.02809
R 32	0.3567	0.3508	0.01589	0.4223	0.4072	0.01712
R 42	0.1166	0.1202	0.007787	0.1478	0.1493	0.009163
R 52	0.0306	0.0322	0.002467	0.0413	0.0430	0.003287
M 2*	1460.67	1460.682	0.0011	1588.77	1588.773	0.0011
σ	—	278.7780	7.7737	—	273.1138	7.8657
σ s	—	0.0742	0.0007	—	0.0767	0.0007
κ	—	0.8662	0.01141	—	0.7591	0.008672
S	—	1.0022	0.0006	—	1.0028	0.0005
H 2/H 1	1/3	0.3059	0.007047	1/3	0.3064	0.007222