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- W2108758521 abstract "Using the sequential estimation methodology developed by Banerjee, Lumsdaine and Stock (Journal of Business and Economic Statistics, 10(3), 271–87, 1992), Zivot and Andrews (Journal of Business and Economic Statistics, 10(3), 251–70, 1992) and extended by Lumsdaine and Papell (Review of Economics and Statistics, 79(2), 212–18, 1997), empirical evidence is found consistent with the hypothesis that the 90-day Treasury Bill rate and the inflation rate in Canada and the US are stationary around a deterministic trend with two breaks. When the breaks are filtered out, the data is consistent with partial long-run adjustment of the nominal interest rate to an inflation shock, but not of the size predicted by the Fisher Effect." @default.
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- W2108758521 date "2004-09-20" @default.
- W2108758521 modified "2023-09-26" @default.
- W2108758521 title "Trend breaks and the fisher hypothesis in canada and the United States" @default.
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- W2108758521 doi "https://doi.org/10.1080/0003684042000291920" @default.
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