We extend Harris and Zhao (2007) by proposing a (Panel) Inflated Ordered Probit model, and demonstrate its usefulness by applying it to Bank of England Monetary Policy Committee voting data
In this paper, we examine the extent to which monetary policy should respond to movements in sector...
Inflation Targeting (IT) can be expected to play a role in structurally reducing nominal interest ra...
Using Bank of England voting data, we show empirically that members’ votes are driven by heterogeneo...
Even in the face of a continuously changing economic environment, interest rates often remain unadju...
We propose a Tempered Ordered Probit (TOP) model. Our contribution lies not only in explicitly accou...
Zero-inflated ordered probit (ZIOP) and middle-inflated ordered probit (MIOP) models are finding inc...
Discrete variables that have an inherent sense of ordering across outcomes are commonly found in lar...
We introduce three new commands—nop, ziop2, and ziop3—for the estimation of a three-part nested orde...
The paper is an empirical investigation that places Livingston’s expectations of the Consumer Price ...
This article provides a first analysis of the forecasts of inflation and GDP growth obtained from th...
The results of an econometric exercise are presented, showing that Monetary Policy Committee (MPC) m...
A recent revision to the preliminary measurement of GDP(E) growth for 2003Q2 caused considerable pre...
Zero-inflated ordered probit (ZIOP) and middle-inflated ordered probit (MIOP) models are finding inc...
This paper addresses the issue of testing the 'hybrid' New Keynesian Phillips Curve (NKPC) through V...
We provide the first direct empirical support for the importance of signalling in monetary policy by...
In this paper, we examine the extent to which monetary policy should respond to movements in sector...
Inflation Targeting (IT) can be expected to play a role in structurally reducing nominal interest ra...
Using Bank of England voting data, we show empirically that members’ votes are driven by heterogeneo...
Even in the face of a continuously changing economic environment, interest rates often remain unadju...
We propose a Tempered Ordered Probit (TOP) model. Our contribution lies not only in explicitly accou...
Zero-inflated ordered probit (ZIOP) and middle-inflated ordered probit (MIOP) models are finding inc...
Discrete variables that have an inherent sense of ordering across outcomes are commonly found in lar...
We introduce three new commands—nop, ziop2, and ziop3—for the estimation of a three-part nested orde...
The paper is an empirical investigation that places Livingston’s expectations of the Consumer Price ...
This article provides a first analysis of the forecasts of inflation and GDP growth obtained from th...
The results of an econometric exercise are presented, showing that Monetary Policy Committee (MPC) m...
A recent revision to the preliminary measurement of GDP(E) growth for 2003Q2 caused considerable pre...
Zero-inflated ordered probit (ZIOP) and middle-inflated ordered probit (MIOP) models are finding inc...
This paper addresses the issue of testing the 'hybrid' New Keynesian Phillips Curve (NKPC) through V...
We provide the first direct empirical support for the importance of signalling in monetary policy by...
In this paper, we examine the extent to which monetary policy should respond to movements in sector...
Inflation Targeting (IT) can be expected to play a role in structurally reducing nominal interest ra...
Using Bank of England voting data, we show empirically that members’ votes are driven by heterogeneo...