Leigh, Daniel (contributor) - 2004 - [Elektronische Ressource]
displays the estimates of π
∗
t
based on CPIX (along with the 95%
confidence interval). The graph suggests that the Bank … 100-basis-point shock to the policy in-
terest rate, along with the associated 95% confidence intervals. I computed
the … confidence bands using Runkle’s (1987) bootstrap procedure with 1000
11
Jean Boivin and Marc Giannoni kindly provided me with the …