The objective of this study is to examine the Fisher Hypothesis for Australia using the Johansen (1991) cointegration approach. The empirical results seem to suggest that there is a significant long-run cointegrating relationship for the period 19792005. The deregulation of financial and non-financial markets during this period may explain the existence of this long-run relationship.
|Number of pages
|Indian journal of economics and business
|Published - 2007