Table 11.
True value | θ̂(ESD) | θ̂(ESD) | θ̂(ESD) | |
---|---|---|---|---|
| ||||
30 Days | 90 Days | 180 Days | ||
| ||||
State-dep. Prob. | ||||
| ||||
pA1 | 0.90 | 0.905 (0.0019) | 0.915 (0.0019) | 0.925 (0.0023) |
pA2 | 0.10 | 0.095 (0.0019) | 0.085 (0.0019) | 0.075 (0.0023) |
| ||||
pB1 | 0.10 | 0.104 (0.0026) | 0.112 (0.0037) | 0.127 (0.0053) |
pB2 | 0.80 | 0.830 (0.0028) | 0.849 (0.0039) | 0.846 (0.0054) |
pB3 | 0.10 | 0.066 (0.0019) | 0.039 (0.0020) | 0.027 (0.0025) |
| ||||
pC2 | 0.10 | 0.139 (0.0029) | 0.191 (0.0052) | 0.204 (0.0070) |
pC3 | 0.80 | 0.800 (0.0035) | 0.766 (0.0052) | 0.753 (0.0071) |
pC4 | 0.10 | 0.061 (0.0019) | 0.043 (0.0027) | 0.043 (0.0046) |
| ||||
pD3 | 0.10 | 0.149 (0.0032) | 0.172 (0.0061) | 0.161 (0.0097) |
pD4 | 0.90 | 0.851 (0.0032) | 0.828 (0.0061) | 0.839 (0.0097) |