Table 1: The AREs of ZMERT and Z θ(0).
| -
|
-
|
λ - 1.1 |
λ - 1.1 |
λ - 1.1
|
| MAFθ0
|
θ (0)
|
ep |
 |
 |
ep |
|
|
ep |
|
|
| 0.15 |
1/2 |
0.874 |
0.876 |
0.827 |
0.887 |
0.904 |
0.856 |
0.895 |
0.917 |
0.869 |
| - |
- |
(0.056) |
(0.1) |
(0.115) |
(0.048) |
(0.084) |
(0.11) |
(0.039) |
(0.069) |
(0.097) |
| - |
1 |
0.654 |
0.814 |
0.723 |
0.654 |
0.837 |
0.746 |
0.652 |
0.85 |
0.761 |
| - |
- |
(0.037) |
(0.094) |
(0.101) |
(0.031) |
(0.084) |
(0.094) |
(0.029) |
(0.075) |
(0.092) |
| 0.3 |
1/2 |
0.963 |
0.94 |
0.912 |
0.97 |
0.954 |
0.929 |
0.973 |
0.961 |
0.937 |
| - |
- |
(0.018) |
(0.05) |
(0.069) |
(0.013) |
(0.042) |
(0.064) |
(0.011) |
(0.039) |
(0.061) |
| - |
1 |
0.73 |
0.841 |
0.751 |
0.729 |
0.853 |
0.763 |
0.728 |
0.863 |
0.775 |
| - |
- |
(0.03) |
(0.045) |
(0.056) |
(0.028) |
(0.043) |
(0.055) |
(0.025) |
(0.037) |
(0.05) |
| 0.45 |
1/2 |
0.991 |
0.985 |
0.978 |
0.993 |
0.986 |
0.978 |
0.995 |
0.989 |
0.983 |
| - |
- |
(0.006) |
(0.038) |
(0.055) |
(0.004) |
(0.036) |
(0.054) |
(0.003) |
(0.032) |
(0.051) |
| - |
1 |
0.76 |
0.85 |
0.766 |
0.758 |
0.856 |
0.771 |
0.76 |
0.861 |
0.775 |
| - |
- |
(0.032) |
(0.033) |
(0.044) |
(0.031) |
(0.031) |
(0.042) |
(0.027) |
(0.028) |
(0.039) |