Table B2.

Ratio of estimated to true ${\beta }_L$ with threshold dependence

Choice of link function	Value of the threshold dependence parameter $b$
	0	0.1	0.25	0.5	1
Logistic	1.01	1.08	1.17	1.34	1.71
	[1.01, 1.02]	[1.07, 1.08]	[1.16, 1.18]	[1.33, 1.36]	[1.69, 1.72]
Probit	1.01	1.07	1.17	1.33	1.69
	[1, 1.02]	[1.06, 1.08]	[1.16, 1.18]	[1.32, 1.34]	[1.68, 1.70]
Semiparametric*	1.00	1.05	1.15	1.30	1.67
	[0.99, 1]	[1.05, 1.06]	[1.14, 1.16]	[1.29, 1.31]	[1.66, 1.69]

*Klein & Spady estimator; mean over 1000 draws; N = 2500; $a=0$; 95% Monte Carlo confidence intervals.