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The one-to-one relation between the inflation rate and the nominal interest rate, the fisher effect, assumes that the:
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Feb 11, 2019
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The one-to-one relation between the inflation rate and the nominal interest rate, the fisher effect, assumes that the:
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Varsha Kulkarni
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According to the Fisher effect, the real interest rate should remain constant. The Fisher effect was formulated by Economist Irving Fisher who studied the effects of inflation pertaining to interest rates.
Ali Torki
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Feb 16, 2019
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