Advanced Search
MyIDEAS: Login to save this article or follow this journal

What do we Learn from Taylor Rule Estimations? A Meta-Analysis

Contents:

Author Info

  • Georgios Chortareas

    (University of Athens)

  • George Magonis

    (University of Athens)

Abstract

We conduct a meta-analysis of the Taylor rule collecting a large number of estimated coefficients from the literature. Our objectives include consideration of heterogeneity in the estimated coefficients, identification of its sources, and examining for the presence of publication bias and genuine effect. The coeficients under study are the response of interest rate to both inflation and output gap. We find a considerable degree of heterogeneity that characterizes the finding for both coefficients. Although there is evidence for publication bias for both coefficients, a genuine effect is found only for the inflation gap response. Estimates of the inflation coefficient converge to a value for which a consensus can be built.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Cyprus Economic Society and University of Cyprus in its journal Ekonomia.

Volume (Year): 11 (2008)
Issue (Month): 2 (Winter)
Pages: 112-138

as in new window
Handle: RePEc:ekn:ekonom:v:11:y:2008:i:2:p:112-138

Contact details of provider:
Web page: http://www.ekonomia.ucy.ac.cy/
More information through EDIRC

Related research

Keywords:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ekn:ekonom:v:11:y:2008:i:2:p:112-138. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Managing Editor).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.