A survey of some new results on empirical Edgeworth expansions
and the $M$ out of $N$ bootstrap accuracy for trimmed means and
studentized trimmed means will be presented.
We discuss the second order correctness of the $M$ out of $N$ ($N$
being the real data sample size, $M$ denotes the size of the
bootstrap resample) bootstrap, provided the trimmed mean is
properly defined and a local smoothness condition on the
underlying distribution is satisfied. We also assume a relation
between $M$ and $N$, as $\min (M,N)$ gets large.
In practical applications, the $M$ out of $N$ bootstrap requires
extensive Monte Carlo simulations. To reduce the computation time
one can take $M$ of smaller order than $N$, i.e. $M/N$ approaches
zero as $\min ( M,N )$ gets large, and apply the bootstrap in
conjunction with extrapolation.