This paper examines the Fisher Hypothesis for New Zealand using a VAR approach. Empirical results seem to suggest that the 'strong form' of the Fisher hypothesis, which states that the nominal rate of interest fully adjusts to anticipated inflation, cannot be rejected for New Zealand for the period 1991Q1 to 2006Q4.
|Number of pages||10|
|Journal||The Empirical economics letters|
|Publication status||Published - 2013|
- Fisher Hypothesis
- Interest Rates
- VAR Models