Table 5.
Relative biases (RB), standard errors (SE) and mean square errors (MSE*N) of the estimated quantile coefficients at quantile levels 0.1, 0.5 and 0.9 when the P(D|X) is mis-specified.
| Link | Methods | τ = 0.5
|
τ = 0.9
|
||||
|---|---|---|---|---|---|---|---|
| RB (%) | SE | MSE × 103 | RB (%) | SE | MSE × 103 | ||
| Probit | KS | 1.2% | 0.047 | 2.2 | 3.9% | 0.056 | 3.2 |
| SICO (m=10) | −2.6% | 0.044 | 1.9 | −2.1% | 0.052 | 2.7 | |
|
| |||||||
| Model (2) | KS | 1.5% | 0.025 | 0.6 | 8.8% | 0.095 | 9.2 |
| (P0 = 0.1) | SICO (m=10) | −0.1% | 0.024 | 0.6 | −2.3% | 0.089 | 8.0 |
|
| |||||||
| Model (2) | KS | 2.6% | 0.022 | 0.5 | 8.5% | 0.089 | 8.1 |
| (P0 = 0.2) | SICO (m=10) | 0.2% | 0.021 | 0.4 | −3.6% | 0.081 | 6.6 |
|
| |||||||
| Model (2) | KS | 3.1% | 0.020 | 0.4 | 12.3% | 0.086 | 7.7 |
| (P0 = 0.3) | SICO (m=10) | 0.2% | 0.019 | 0.4 | −1.9% | 0.079 | 6.2 |