EconPapers    
Economics at your fingertips  
 

Testing the Fisher effect in the presence of structural change: A case study of the UK, 1966-2007

Oscar Bajo-Rubio (), Carmen Diaz-Roldan and V Esteve

Economic Issues Journal Articles, 2010, vol. 15, issue 2, 1-16

Abstract: In this paper, we provide an empirical test of the Fisher effect using cointegration techniques, where the existence of instabilities in the cointegrating or long-run relationship is explicitly tested. The analysis is applied to the UK, a country that has been subject to potentially strong regime shifts, for the period 1966-2007. To this end, we apply some recent econometric techniques aimed to detect eventual structural changes, allowing the instability to occur at an unknown date.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.economicissues.org.uk/Files/210Bajo-Rubio.pdf (application/pdf)

Related works:
Working Paper: Testing the Fisher Effect in the Presence of Structural Change: A Case Study of the UK,1961-2001 (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eis:articl:210bajo

Access Statistics for this article

More articles in Economic Issues Journal Articles from Economic Issues Contact information at EDIRC.
Bibliographic data for series maintained by Dan Wheatley ().

 
Page updated 2025-04-03
Handle: RePEc:eis:articl:210bajo