A Test of the Fisher Effect in Nigeria

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Date

2014-06

Journal Title

Journal ISSN

Volume Title

Publisher

Research Department, Central Bank of Nigeria.

Abstract

This paper uses the state space model to investigate the dynamic relationship between real interest rate and inflation in Nigeria. The paper reveals varying degrees of effect across interest rate and time horizons.

Description

Keywords

Fisher Effect, State Space Model, Cointegration

Citation

Tule, M. K. et al. (2014). A Test of the Fisher Effect in Nigeria. Economic and Financial Review, 52(2), 1–32.