Evidence of central bank research bias is ‘mixed’ – RBA paper

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Reserve Bank of Australia

Evidence that central bank researchers create bias by choosing particular statistical methods is “mixed”, a paper published by the Reserve Bank of Australia says.

Star wars at central banks investigates whether bias may enter central bank publications through methods that artificially increase statistical significance, or “stars”. The paper notes that studies of academic research have found evidence that researchers choose methods that generate the highest significance, likely to maximise their

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