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 550
- Downloads 32
Impact of Heavy Taxation on Israel During Solomonic Era: Implications for Nigerian Tax System
Over time, the tax systems have been a major source of revenue generation for several governments. Its history dates back to Bible times. Tax therefore becomes the civic responsibility of individuals and corporate organi...
TEST OF THE BANK LENDING CHANNEL FOR A BRICS COUNTRY
Based on a simultaneous-equation model of loan demand and loan supply and applying the three-stage least squares method, this paper finds that loan demand is negatively affected by the lending rate and positively associa...
AN ANTI-AUSTERITY POLICY RECIPE AGAINST DEBT ACCUMULATION IN THE PRESENCE OF HIDDEN ECONOMY
Contrary to what the literature on the linkage between debt accumulation and hidden economy suggests, this paper advocates that the two relationships, tax-hidden economy size and inflation-hidden economy size, have to be...
THE EFFECTS OF GLOBALIZATION ON EMPLOYMENT: BOUNDS TEST APPROACH IN TURKEY SAMPLE
The increase of economic, political, social, and cultural relationships between the countries with globalization has resulted in a shift from industrial society to information society. With knowledge-intensive work being...
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...