Table 5 Posterior moments ψ for CPI inflation
|  | 1800–2017 | 1800–1907 | 1907–2017 |
|---|---|---|---|
E[ψ|y] | 0.44 | 0.28 | 0.63 |
\(\sqrt {var[\psi |\mathbf {y}]}\) | 0.06 | 0.10 | 0.10 |
P[ψ>0|y] | 1.00 | 0.99 | 1.00 |
|  | 1800–2017 | 1800–1907 | 1907–2017 |
|---|---|---|---|
E[ψ|y] | 0.44 | 0.28 | 0.63 |
\(\sqrt {var[\psi |\mathbf {y}]}\) | 0.06 | 0.10 | 0.10 |
P[ψ>0|y] | 1.00 | 0.99 | 1.00 |