Abstract
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.
Original language | English |
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Pages (from-to) | 59-65 |
Number of pages | 7 |
Journal | Indian journal of economics and business |
Publication status | Published - 2007 |