The Review of Financial Studies /v 12 n 2 1999 Table 3 Model choice over the estimation sample (to 5/90),various selection criteria Country SSC ds -1 51-2 18.-1 ros-2 P)-1 Yh.-1 ryr-I Ys-1 pe-1 Australia R 0 0 0 0 0 0 0 0 AIC 0 0 0 0 1 BIC 0 0 0 0 0 0 0 0 0 FIC 0 0 0 0 0 0 PIC 0 0 0 0 PLS 0 0 0 PLS-MDC 0 0 0 0 0 0 0 Belgium R 1 AIC 1 0 BIC 01 0 0 FIC 0 0 0 0 0 PIC 0 PLS 00 0 0 0 PLS-MDC 0 0 0 0 Canada 0 0 AIC 0 0 0 BIC FIC 00 0 0 0 0 0 0 0 0 PIC 0 0 0 0 000 PLS 0 0 0 0 0 0 PLS-MDC 0 0 0 1 0 France R 0 0 AIC BIC 0 00 0 0 1 00 0 0 00 FIC 0 0 0 0 0 PIC 0 0 PLS 0 0 0000 0 0 0 0 PLS-MDC 0 00 0 0 0 Germany R 0 0 0 0 AIC 0 0 0000 0 0 0 0 1 BIC 0 0 0 0 0 0 0 F可IC 0 0 1 0 0 0 0 PIC 0 PLS 0 0 00 0 00 0 0 0 0 S-MDC 0 0 0 0 0 Italy R 1 0 0 0 1 0 0 AIC 1 000 0 0 0 0 BIC 0 0 0 0 0 0 FIC 1 1 0 0 0 PIC 1 1 1 1 0 0 PLS 00 0 0 0 0 PLS-MDC 1 0 1 0 0 0 Japan 0 0 1 0 0 1 1 0 1 1 AIC 0 0 0 1 0 1 BIC 0 0 0 0 0 0 FIC 0 1 0 0 0 0 PIC 0 1 1 0 0 PLS 0 0 1 0 0 00 0 0 PLS-MDC 0 1 0 0 0 0 0 0 Netherlands 1 1 0 AIC 0 1 0 1 0 1 1 0 BIC 1 0 1 1 FIC 0 0 0 414