The Fisher Hypothesis and Inflation Persistence : Evidence From Five Major Industrial Countries /
This paper presents an empirical evaluation of the strength of the Fisher effect which predicts a positive relationship between the nominal interest rate and inflation in the postwar period in the five major industrial countries, utilizing recently developed time series techniques. The results sugge...
| Autor principal: | |
|---|---|
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1995.
|
| Colección: | IMF Working Papers; Working Paper ;
No. 1995/118 |
| Acceso en línea: | Full text available on IMF |