Distribution of errors of estimated marginal effects at baseline specification.

<p>The solid red line shows the mean error in the marginal effect estimates from RE estimation, while the dashed red lines show the 95% range of the RE estimation errors. The solid blue line and dashed blue lines show that mean and 95% range of the errors from FE estimation. The solid green line and dashed green lines show that mean and 95% range of the errors from the WB approach. All simulation inputs are baseline.