Abstract and Applied Analysis / 2014 / Article / Tab 3

Research Article

Moment Conditions Selection Based on Adaptive Penalized Empirical Likelihood

Table 3

EL and GMM shrinkage estimators of the moment selection coefficients1.

MethodIVeduedu2edu_ Ageedu age

ada-ELEL2−0.0016−0.0145−0.00220.0049−0.0123−0.0008−0.0441
(0.0071)(0.0518)(0.0057)(0.1145)(0.4698)(0.0074)(0.0996)
0.00000.00000.00000.00000.00000.0000−0.0306
SEL2,4(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0097)
EL3−0.00300.0251−0.00230.03570.0385−0.00150.0496
(0.0094)(0.0553)(0.0065)(0.2165)(0.6342)(0.0091)(0.1143)
0.00000.00000.00000.00000.00000.0000−0.0273
SEL3,5(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0081)

ada-GMMGMM2−0.0019−0.0145−0.00210.0048−0.0123−0.0007−0.0442
(0.0073)(0.0518)(0.0057)(0.1145)(0.4696)(0.0071)(0.0995)
0.00000.00000.00000.00000.00000.0000−0.0306
SGMM2,4(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0097)
GMM3−0.00340.0253−0.00250.03570.0382−0.00180.0496
(0.0095)(0.0558)(0.0063)(0.2166)(0.6348)(0.0094)(0.1142)
0.00000.00000.00000.00000.00000.0000−0.0273
SGMM3,5(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0000)(0.0076)

For detailed instructions see Remark 3.