THE FISHER EFFECT IN THE SPANISH CASE: A PRELIMINARY STUDY
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 7
Abstract
We revise previous literature about Fisher Effect, in order to check if the majority of nominal interest rates movements are caused by inflation rate fluctuations, remaining constant the real interest rate. Finally, we analyse the Fisher Effect in the Spanish case with a preliminary analysis in order to validate future studies.
Authors and Affiliations
Francisco Jareño| Universidad de Castilla-La ManchaFacultad de Ciencias Económicas y Empresariales Plaza de la Universidad, 1, 02071, Albacete (Spain), Marta Tolentino| Universidad de Castilla-La Mancha Facultad de Derecho y Ciencias Sociales Ronda de Toledo, s/n, 13071, Ciudad Real (Spain)
Keywords
Related Articles
- EP ID EP1836
- DOI -
- Views 574
- Downloads 32
THE EFFECTS OF INDEPENDENT MANAGERS, INSTITUTIONAL SHAREHOLDERS AND AUDIT EXPENSES ON THE PROBABILITY OF FINANCIAL CRISIS
This paper examines the impact of independent managers, institutional shareholders and audit expenses on the probability of financial crisis of the listed companies in Tehran Stock Exchange (TSE). The target sample inclu...
DEVELOPING AN EARLY WARNING SYSTEM FOR FINANCIAL CRISES IN VIETNAM
In this paper, we develop an applicable early warning model that can predict financial crises for Vietnam. To achieve this goal, we analyze and extend the existing early warning models which have been developed by Kamins...
NEW MONETARY POLICIES IN USURY FREE BANKING
The aim of this research is to find monetary policy tools in usury free banking. We will review the ideas of Muslims in Iran and outside the Iran for this subject. In this work, we will explain the effects of monetary po...
A COINTEGRATION TEST FOR TURKISH FOREIGN EXCHANGE MARKET EFFICIENCY
This study examines the within-country market efficiency of the Turkish foreign exchange markets on the basis of the forward rate unbiasedness hypothesis, in case of the Turkish lira/US dollar and the Turkish lira/Euro f...
TEST OF THE DAY OF THE WEEK EFFECT: THE CASE OF KUWAIT STOCK EXCHANGE
This study examines the presence of the day-of-the-week effect anomaly in the Kuwait Stock Exchange (KSE) using Ordinary Least Square Method (OLS). The day-of-the-week effect is a phenomenon that constitutes a form of an...