A Note on Fisher Hypothesis and Price Level Uncertainty

B-Tier
Journal: Journal of Financial and Quantitative Analysis
Year: 1977
Volume: 12
Issue: 3
Pages: 525-530

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The theory on the relationship between real and nominal interest rates is based on the well-known Fisher equation:where: i = nominal interest rate;r = real interest rate;λ = percentage change in price level: P /P0 - 1 where P and P0 denote end-of-period and current levels of some aggregate price index, respectively.

Technical Details

RePEc Handle
repec:cup:jfinqa:v:12:y:1977:i:03:p:525-530_02
Journal Field
Finance
Author Count
2
Added to Database
2026-01-24