Fisher hypothesis: UK evidence over a century
Using annual data over a long time horizon from 1900 to 2000 for the UK, this study finds the existence of a Fisher relation via Johansen cointegration tests. The cointegrating relationship between the two variables suggests a significant long-run equilibrium with a positive coefficient of more than one during the stated period.
Volume (Year): 11 (2004)
Issue (Month): 2 ()
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- Michael Rockinger & Brigitte Granville, 1997. "Testing the Fisher Relation: the Russian Case," Working Papers hal-00601590, HAL. Full references (including those not matched with items on IDEAS)