The Fisher Effect in the Spanish Case: A Preliminary Study
Asian Economic and Financial Review, 2 (7) , 841-857
17 Pages Posted: 13 Sep 2012 Last revised: 8 Apr 2015
Date Written: September 6, 2012
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 analyze the Fisher effect in the Spanish case with a preliminary analysis in order to validate future studies.
Keywords: inflation expectations, nominal and real interest rates, ARIMA, flow-through coefficients
JEL Classification: E43, F3, G12, G13, G15
Suggested Citation: Suggested Citation
Jareno, Francisco and Tolentino, Marta, The Fisher Effect in the Spanish Case: A Preliminary Study (September 6, 2012). Asian Economic and Financial Review, 2 (7) , 841-857, Available at SSRN: https://ssrn.com/abstract=2145167 or http://dx.doi.org/10.2139/ssrn.2145167
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