000060443 001__ 60443
000060443 005__ 20180911133101.0
000060443 0247_ $$2doi$$a10.3390/econometrics5010011
000060443 0248_ $$2sideral$$a97953
000060443 037__ $$aART-2017-97953
000060443 041__ $$aeng
000060443 100__ $$0(orcid)0000-0001-6907-8090$$aClemente, Jesús$$uUniversidad de Zaragoza
000060443 245__ $$aStructural breaks, inflation and interest rates: evidence from the G7 countries
000060443 260__ $$c2017
000060443 5060_ $$aAccess copy available to the general public$$fUnrestricted
000060443 5203_ $$aThis study reconsiders the common unit root/co-integration approach to test for the Fisher effect for the economies of the G7 countries. We first show that nominal interest and inflation rates are better represented as I(0) variables. Later, we use the Bai–Perron procedure to show the existence of structural changes in the Fisher equation. After considering these breaks, we find very limited evidence of a total Fisher effect as the transmission coefficient of the expected inflation rates to nominal interest rates is very different than one.
000060443 536__ $$9info:eu-repo/grantAgreement/ES/MEC/ECO2014-58991-C3-1-R$$9info:eu-repo/grantAgreement/ES/MEC/ECO2014-58991-C3-2-R$$9info:eu-repo/grantAgreement/ES/MEC/ECO2015-65967-R
000060443 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/
000060443 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000060443 700__ $$0(orcid)0000-0001-6609-4247$$aGadea, Lola$$uUniversidad de Zaragoza
000060443 700__ $$0(orcid)0000-0002-5872-631X$$aMontañés, Antonio$$uUniversidad de Zaragoza
000060443 700__ $$0(orcid)0000-0002-5987-6424$$aReyes, Marcelo
000060443 7102_ $$14008$$2225$$aUniversidad de Zaragoza$$bDpto. Estruc.Hª Econ.y Eco.Pb.$$cÁrea Economía Aplicada
000060443 7102_ $$14000$$2415$$aUniversidad de Zaragoza$$bDpto. Análisis Económico$$cÁrea Fund. Análisis Económico
000060443 773__ $$g5, 11 (2017), [17 pp.]$$pEconometrics$$tEconometrics$$x2225-1146
000060443 8564_ $$s499817$$uhttps://zaguan.unizar.es/record/60443/files/texto_completo.pdf$$yVersión publicada
000060443 8564_ $$s92944$$uhttps://zaguan.unizar.es/record/60443/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000060443 909CO $$ooai:zaguan.unizar.es:60443$$particulos$$pdriver
000060443 951__ $$a2018-09-11-13:27:53
000060443 980__ $$aARTICLE