inflation rate is -.17. The corresponding correlation for the period 1950 to 1979 is .71. Inflation evolved from essentially a … stochastic process of inflation, rather than a change in any structural relationship between nominal rates and expectedi nflation …. I find little evidence of inflation non-neutrality in data from the gold standard period.This contradicts the conclusion …

inflation on interest rates and the allocation of real capital. The model allocates a fixed private capital stock among various … versus renting. The interest rate adjusts in response to tax/inflation changes so as to maintain the aggregate demand for … tax regimes at different inflation rates …

This paper examines the impact of the money supply and inflation rate announcements on interest rates. Survey data on …

policy anticipations and expected inflation effects are formally specified and compared to the estimated responses …'s short-run monetary policy. The expected inflation hypothesis implies that weekly money surprises should have persistent …

This paper develops two models, one involving risk neutrality and the other risk aversion, which suggest that inflation … evidence supports the hypothesis that inflation uncertainty affects interest rates. Interpreted in terms of the risk neutral … model, the empirical results suggest that inflation uncertainty has a negative impact on nominal interest rates and a …

This paper critically re-examines theory and evidence on the relation- ship between interest rates and inflation. It … concludes that there is no evidence that interest rates respond to inflation in the way that classical or Keynesian theories … inflation in the short or long run. During the post-war period interest rates do appear to be affected by inflation. However …

This paper investigates the hypothesis that surprise changes in the money supply and anticipated inflation (the Mundell … surprises and expected real interest or an inverse relationship between anticipated inflation and expected real interest. These …

housing demand during a period of accelerating inflation (l965_71l). We calculate that typical households who bought houses …