hrcak mascot   Srce   HID

Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2015.1041777

Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test

Burcu Ozcan
Ayse Ari

Puni tekst: engleski, pdf (401 KB) str. 259-270 preuzimanja: 200* citiraj
APA 6th Edition
Ozcan, B. i Ari, A. (2015). Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test. Economic research - Ekonomska istraživanja, 28 (1), 259-270. https://doi.org/10.1080/1331677X.2015.1041777
MLA 8th Edition
Ozcan, Burcu i Ayse Ari. "Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test." Economic research - Ekonomska istraživanja, vol. 28, br. 1, 2015, str. 259-270. https://doi.org/10.1080/1331677X.2015.1041777. Citirano 24.01.2020.
Chicago 17th Edition
Ozcan, Burcu i Ayse Ari. "Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test." Economic research - Ekonomska istraživanja 28, br. 1 (2015): 259-270. https://doi.org/10.1080/1331677X.2015.1041777
Harvard
Ozcan, B., i Ari, A. (2015). 'Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test', Economic research - Ekonomska istraživanja, 28(1), str. 259-270. https://doi.org/10.1080/1331677X.2015.1041777
Vancouver
Ozcan B, Ari A. Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test. Economic research - Ekonomska istraživanja [Internet]. 2015 [pristupljeno 24.01.2020.];28(1):259-270. https://doi.org/10.1080/1331677X.2015.1041777
IEEE
B. Ozcan i A. Ari, "Does the Fisher hypothesis hold for the G7? Evidence from the panel cointegration test", Economic research - Ekonomska istraživanja, vol.28, br. 1, str. 259-270, 2015. [Online]. https://doi.org/10.1080/1331677X.2015.1041777

Sažetak
The aim of this study is to investigate the validity of the Fisher hypothesis by assessing the relationship between the nominal interest rate and the inflation rate. To this end, we analyse the G7 countries over the period January 2000 to November 2012 by employing the panel unit root and panel cointegration tests. The analysis reveals that the adjustment in nominal interest rates to changes in inflation is significantly
lower than unity, which implies the existence of a partial Fisher effect.

Ključne riječi
Fisher hypothesis; monetary policy; inflation rate; interest rate; panel unit root test; panel cointegration test

Hrčak ID: 171509

URI
https://hrcak.srce.hr/171509

Posjeta: 281 *