Policy TrackerNZANALYTICS
GOVERNOR
EPISODE
CUSTOM
INFLATION
DEVIATION STATISTICS
No data in selected window
DEVIATION DISTRIBUTION — bin width 0.5pp
■ Hawkish■ Dovish— Normal
No data
Mean: 0.00ppStd Dev: 1.00pp
ROLLING 4-QUARTER STATISTICS
Rolling Mean Deviation
Rolling Std Dev
DEVIATION CORRELATES
DEVIATION vs INFLATION
CPI Headline vs Deviation
PEARSON r
+0.00
No data
DEVIATION vs UNEMPLOYMENT
Unemployment Rate vs Deviation
PEARSON r
+0.00
No data
DEVIATION vs NZD/USD
NZD/USD vs Deviation
PEARSON r
+0.00
No data
GOVERNOR REGIME COMPARISON
GOVERNORPERIODOBS (OLS)α (INF GAP)β (OUTPUT GAP)R² (UNCENTERED)RMSEMEAN DEV †INTERPRETATION
α, β, R², RMSE are estimated by OLS over each governor's full term (fixed regime window). They do not change when you adjust the date range selector or switch regime tabs — they always reflect the complete historical record for that governor. The regression is (OCR − r*) = α·(π − π*) + β·gap with no intercept, consistent with the nominal r* formulation used throughout. Inflation measure: CPI Headline (changing this toggle will recompute all estimates).
† Mean Dev is the only column that responds to the date range selector. It shows the average deviation within the intersection of the governor's term and your currently selected window — useful for isolating a sub-period (e.g. Orr's response during COVID only). When the full history is selected it equals the governor's full-term average.