Reconsiderando o efeito Fisher: uma análise de cointegração entre taxas de juros e inflação <br> Rethinking the Fisher Effect: a co-integration analysis between interest rates and inflation
This paper investigates the validity of the Fisher effect hypothesis that it is the interest rate which moves to adjust to the anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980-97 for three countries with recent histories of chronic high...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal de Minas Gerais
2003-01-01
|
| Series: | Nova Economia |
| Subjects: | |
| Online Access: | http://www.face.ufmg.br/novaeconomia/sumarios/v13n1/Carneiro.pdf |