Finance and Economics Discussion Series: Data for paper 000959
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Managing Beliefs about Monetary Policy under Discretion
Figure 3: Innovation Responses in the Simple Model
| Period | Top Panel, (1) | Top Panel, (2) | Top Panel, (3) | Top Panel, (4) | Top Panel, (5) | Top Panel, (6) | Top Panel, (7) | Bottom Panel, (1) | Bottom Panel, (2) | Bottom Panel, (3) | Bottom Panel, (4) | Bottom Panel, (5) | Bottom Panel, (6) | Bottom Panel, (7) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NaN | NaN | 1 | NaN | NaN | 1 | 0.6428 | NaN | NaN | 0.6428 | NaN | NaN | 0.6428 | |
| 1 | -0.1503 | NaN | -0.1503 | 0.2889 | 0.7497 | NaN | 0.7497 | 0.185 | NaN | 0.185 | 0.455 | 0.7636 | NaN | 0.7636 |
| 2 | -0.0673 | -0.0673 | 0.1412 | 0.26 | 0.4013 | 0.6074 | 0.6074 | 0.0828 | 0.0828 | 0.2224 | 0.4095 | 0.6319 | 0.77 | 0.77 |
| 3 | -0.0301 | 0.0632 | 0.1271 | 0.234 | 0.3611 | 0.4243 | 0.5166 | 0.037 | 0.0995 | 0.2002 | 0.3686 | 0.5688 | 0.6683 | 0.7301 |
| 4 | -0.0135 | 0.0569 | 0.1144 | 0.2106 | 0.325 | 0.3819 | 0.4514 | 0.0166 | 0.0896 | 0.1802 | 0.3317 | 0.5119 | 0.6015 | 0.6736 |
| 5 | -0.006 | 0.0512 | 0.103 | 0.1896 | 0.2925 | 0.3437 | 0.4003 | 0.0074 | 0.0806 | 0.1622 | 0.2985 | 0.4607 | 0.5413 | 0.6137 |
| 6 | -0.0027 | 0.0461 | 0.0927 | 0.1706 | 0.2633 | 0.3093 | 0.3576 | 0.0033 | 0.0726 | 0.1459 | 0.2687 | 0.4146 | 0.4872 | 0.5556 |