Do Expected Shifts in Inflation Affect Estimates of the Long-Run Fisher Relation?

Abstract
This paper examines the long-run relationship between nominal interest rates and inflation, emphasizing the hypothesis that in the long run, nominal interest rates reflect expected inflation one-for-one.
Volume
50:1
Page
225-253
Year
1995
Categories
Financial and Statistical Methods
Asset and Econometric Modeling
Inflation
Financial and Statistical Methods
Asset and Econometric Modeling
Yield Curves
Publications
Journal of Finance
Authors
Martin Evans
Karen Lewis