movements are caused by inflation rate fluctuations, remaining constant the real interest rate. Finally, we analyze the Fisher …

This paper uses the Fisher equation relating the nominal interest rate to the real interest rate and expected inflation … returns from holding real assets and cash are equalized. When inflation expectations decline, the return to holding cash rises … out of a misplaced fear of inflation in the summer of 2008 when the economy was already contracting rapidly. Using stock …

Hansen Co-integration test confirmed the existence of a long-run relationship between nominal interest rates and inflation …

This paper examines the implications of inflation persistence for the inverted Fisher hypothesis that nominal interest … rates do not adjust to inflation because of a high degree of substitutability between money and bonds. It is emphasized that … the substitutability between nominal assets and capital renders the hypothesis inconsistent with the data when inflation …

, 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 …

affects the relation between nominal interest rates, inflation expectations, and real interest rates. The benchmark parameters … include stronger inflation targeting and more active monetary policy …

We find empirical evidence that inflation, nominal, and real interest rates in the US are trend-stationary with a …

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 …

We study the relationships between interest and inflation rates using a recursive equation approach that takes into …-varying ex post Fisher and Wicksell equation effects. We subsequently recover ex ante interest and inflation rate series. Using …