Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates
收藏NBER1991-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3632
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资源简介：
The basic puzzle about the so-called Fisher effect, in which movements in short-term interest rates primarily reflect fluctuations in expected inflation, is why a strong Fisher effect occurs only for certain periods but not for others. This paper resolves this puzzle by reexamining the relationship
提供机构：
美国国家经济研究局
创建时间：
1991-02-01
