Fisher Effect: Difference between revisions
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imported>Doug Williamson (Link with Inflation page.) |
imported>Doug Williamson (Layout.) |
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From this theory it then follows that any observed differences in nominal interest rates (= including inflation) are explainable by differences between the inflation expectations for the two related currencies. | From this theory it then follows that any observed differences in nominal interest rates (= including inflation) are explainable by differences between the inflation expectations for the two related currencies. | ||
== See also == | == See also == | ||
Revision as of 13:43, 6 May 2016
The theory that 'real' (= excluding inflation) interest rates should be the same in different currencies.
From this theory it then follows that any observed differences in nominal interest rates (= including inflation) are explainable by differences between the inflation expectations for the two related currencies.
