Author: Woon Gyu ChoiPublisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
The Inverted Fisher Hypothesis
Author: Woon Gyu ChoiThe "inverted Fisher Hypothesis"
Author: Nicolaas GroenewoldPublisher:
ISBN: 9780859013697
Category : Interest rates
Languages : en
Pages : 14
Book Description
Testing the "inverted Fisher Hypothesis"
Author: Erkki KoskelaThe Fisher Hypothesis and the Forecastability and Persistence of Inflation
Author: International Parity Conditions
Author: Razzaque H. BhattiPublisher: Springer
ISBN: 1349255238
Category : Business & Economics
Languages : en
Pages : 389
Book Description
This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries. The book falls into three parts dealing with the theory, methods of econometric testing and existing empirical evidence. Although it is intended to provide a consensus view on the subject, the authors also make some controversial propositions, particularly on the purchasing power parity conditions.
The Fisher Hypothesis and Real Returns
Author: Jayendu PatelThe Fisher Hypothesis in Two Inflation Economies
Author: David BlakeMonetary Policy and the Fisher Effect in Evolving Financial Markets
Author: F. X. BrownePublisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 66
Book Description
Inflation and Public Debt Reversals in the G7 Countries
Author: Mr.Bernardin AkitobyPublisher: International Monetary Fund
ISBN: 1498316220
Category : Business & Economics
Languages : en
Pages : 28
Book Description
This paper investigates the impact of low or high inflation on the public debt-to-GDP ratio in the G-7 countries. Our simulations suggest that if inflation were to fall to zero for five years, the average net debt-to-GDP ratio would increase by about 5 percentage points over the next five years. In contrast, raising inflation to 6 percent for the next five years would reduce the average net debt-to-GDP ratio by about 11 percentage points under the full Fisher effect and about 14 percentage points under the partial Fisher effect. Thus higher inflation could help reduce the public debt-to-GDP ratio somewhat in advanced economies. However, it could hardly solve the debt problem on its own and would raise significant challenges and risks. First of all, it may be difficult to create higher inflation, as evidenced by Japan’s experience in the last few decades. In addition, un-anchoring of inflation expectations could increase long-term real interest rates, distort resource allocation, reduce economic growth, and hurt the lower–income households.
A Reinterpretation of the Fisher-effect Hypothesis
Author: Laurence Gary KantorPublisher:
ISBN:
Category : Interest
Languages : en
Pages : 462
Book Description