. This model decomposes the changes in original inflation series as two new series: increases and decreases in inflation … rates. Hence, it enables us to examine the Fisher effect in terms of increases and decreases in inflation separately. The …

, linking nominal interest rates to inflation; however, there is no evidence of the full adjustment of the former to the latter …

, linking nominal interest rates to inflation; however, there is no evidence of the full adjustment of the former to the latter …

The neo-Fisherian view does not consider a negative interest rate gap a prerequisite for boosting inflation. Instead, a … negative interest rate gap is said to lower inflation. We discuss this counterintuitive response - known as the Fisher paradox …

include the SPF forecasts of US 10-year Treasury rate (TBR), Moody's Aaa corporate bond rate (Aaa), CPI inflation, and real … SPF inflation (but not growth) forecasts. Such findings point to the potential usefulness of SPF inflation forecasts in … improving the accuracy of SPF and random walk forecasts of TBR and Aaa. Further results indicate that changes in SPF inflation …