TABLE 3
FROM:
Inducing Greater Transparency: Towards the Establishment of Ethical Rules for Econometrics
David M Levy and Sandra J Peart
BACK TO ARTICLETable 3. Induced transparency by minimizing bootstrap variance; normal exogenous variables, N=400, 10,000 replications
| 2SLS | C-Min | Min | ||||
|---|---|---|---|---|---|---|
| Bias | Efficiency | Bias | Efficiency | Bias | Efficiency | |
| 2SLS | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 |
| C-Max | 0.00 | 1.00 | 0.03 | 0.64 | 0.04 | 0.64 |
| Max | 0.00 | 1.00 | -0.04 | 0.51 | 0.06 | 0.31 |
