Re-Visiting Fisher Effect for Fragile Five Economies
Küçük Resim Yok
Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
De Gruyter Poland Sp Zoo
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
In this study, we aim to investigate the relationship between interest rate and inflation rate in the context of the Fisher effect hypothesis for Fragile five economies. In this regard, we employ recently developed panel co-integration and panel causality test methods. The bi-directional causal relation between interest rate and inflation rate exists only in Brazil and Indonesia. On the other hand, there is no causation linkage in India. Results imply that Fisher effect exists only in Brazil and Indonesia.
Açıklama
Anahtar Kelimeler
Fisher effect, panel data, fragile five economies
Kaynak
Journal of Central Banking Theory and Practice
WoS Q Değeri
N/A
Scopus Q Değeri
Q3
Cilt
7
Sayı
2
