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.
|Number of pages||6|
|Journal||Journal of International Business and Economics|
|Publication status||Published - 2007|
- Fisher Hypothesis
- Fisher hypothesis
- interest rates