Abstract
The objective of this study is to examine whether the Fisher Hypothesis holds for New Zealand using the Johansen (1991) cointegration approach. We also test for stationarity using the Ng-Perron Unit root tests. We find using quarterly data for the period 198501- 2007Q1 support for the Fisher Hypothesis.
| Original language | English |
|---|---|
| Pages (from-to) | 156-161 |
| Number of pages | 6 |
| Journal | Journal of International Business and Economics |
| Volume | VII |
| Issue number | 3 |
| Publication status | Published - 2007 |
Keywords
- Fisher Hypothesis
- Fisher hypothesis
- interest rates
- inflation
- cointegration