This paper reassesses the long-run relation between nominal interest rates and inflation using German data. It shows … adjusting to changes in inflation, can be attributed to the particular time series behavior of inflation and interest rates … bivariate system of inflation and interest rates depends on the level of the variables and should be modeled as a threshold …

This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal … interest rates data. For a more robust result we conducted integration and cointegration tests in order to examine time …-series properties of the variables. Using Co-integration and Kalman filter methodologies, the study did not find evidence of a full …

the period 1962-1996. To this end, we make use of some new techniques on unit roots and cointegration, where the presence … point increase in the inflation rate. …

This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal … interest rates data. For a more robust result we conducted integration and cointegration tests in order to examine time …-series properties of the variables. Using Co-integration and Kalman filter methodologies, the study did not find evidence of a full …

This paper aims to show why Irving Fisher's own data on interest rates and inflation in New York, London, Paris, Berlin … changes in inflation, not even in the long run. In Fisher's data, interest rates have more persistence than inflation and … change less than inflation over time. The Fisher effect is a misnomer unless it is taken to refer to what Fisher actually …

The paper presents the welfare cost of inflation in a banking time economy that models exchange credit through a bank … welfare cost of a 10% inflation rate instead of zero, for comparison to other estimates, as well as the cost of a 2% inflation … rate instead of a zero inflation rate. The zero rate is specified as the US inflation rate target in the 1978 Employment …

If you’re just tuning in, I’ve spent the last few months debunking some common misconceptions about inflation: Is … inflation a uniform increase in prices? No. Inflation is wildly differential. Is inflation driven by an ‘over-heated’ economy …? No. Inflation tends to come with economic stagnation. Do higher interest rates reduce inflation? No. Higher interest …

Inflation und auch höhere Zinsen nicht nur temporär, sondern mittelfristig wieder möglich sind: De … eine Destabilisierung der Inflationserwartungen zu verhindern. Längerfristig könnte dieses Umfeld aus höherer Inflation und … Geldpolitik führen, deren Schwerpunkt dann wieder auf der Verhinderung von hoher Inflation und weniger im Verhindern von …

This paper aims to show why Irving Fisher's own data on interest rates and inflation in New York, London, Paris, Berlin … changes in inflation, not even in the long run. In Fisher's data, interest rates have more persistence than inflation and … change less than inflation over time. The Fisher effect is a misnomer unless it is taken to refer to what Fisher actually …