Herwartz, Helmut; Reimers, Hans-Eggert - In: Applied Econometrics and International Development 6 (2006) 3
In this paper we follow an empirical approach to examine the implications of the Fisher hypothesis, namely cointegration linking interest rates and in°ation, and stationarity of the real interest rate implying in turn homogeneity of the potential equilibrium relation. The considered sample is...