, 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 …

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

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

the G7 countries. We first show that nominal interest and inflation rates are better represented as I(0) variables. Later … inflation rates to nominal interest rates is very different than one. …

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 …

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 …

movements are caused by inflation rate fluctuations, remaining constant the real interest rate. Finally, we analyse the Fisher … Effect in the Spanish case with a preliminary analysis in order to validate future studies. -- inflation expectations …