EN
An Examination of Fisher Effect for Selected New EU Member States
Abstract
The relationship between interest rates and inflation which is called Fisher effect has been investigated in both theoretical and empirical economics in vast literature. The contribution of this paper to the literature is to test the Fisher effect for the selected four transition economies that are also new EU member states. The empirical analysis is conducted by allowing for a structural break that takes place in year 2004. In this study, a case-wise bootstrap approach empirical method which developed by Hatemi-J and Hacker (2005) is used and the results support a tax adjusted Fisher effect in the presence of a structural break.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2014
Submission Date
December 1, 2014
Acceptance Date
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Published in Issue
Year 2014 Volume: 4 Number: 4
APA
Ucak, H., Ozturk, I., & Aslan, A. (2014). An Examination of Fisher Effect for Selected New EU Member States. International Journal of Economics and Financial Issues, 4(4), 956-959. https://izlik.org/JA27YA82SF
AMA
1.Ucak H, Ozturk I, Aslan A. An Examination of Fisher Effect for Selected New EU Member States. IJEFI. 2014;4(4):956-959. https://izlik.org/JA27YA82SF
Chicago
Ucak, Harun, Ilhan Ozturk, and Alper Aslan. 2014. “An Examination of Fisher Effect for Selected New EU Member States”. International Journal of Economics and Financial Issues 4 (4): 956-59. https://izlik.org/JA27YA82SF.
EndNote
Ucak H, Ozturk I, Aslan A (December 1, 2014) An Examination of Fisher Effect for Selected New EU Member States. International Journal of Economics and Financial Issues 4 4 956–959.
IEEE
[1]H. Ucak, I. Ozturk, and A. Aslan, “An Examination of Fisher Effect for Selected New EU Member States”, IJEFI, vol. 4, no. 4, pp. 956–959, Dec. 2014, [Online]. Available: https://izlik.org/JA27YA82SF
ISNAD
Ucak, Harun - Ozturk, Ilhan - Aslan, Alper. “An Examination of Fisher Effect for Selected New EU Member States”. International Journal of Economics and Financial Issues 4/4 (December 1, 2014): 956-959. https://izlik.org/JA27YA82SF.
JAMA
1.Ucak H, Ozturk I, Aslan A. An Examination of Fisher Effect for Selected New EU Member States. IJEFI. 2014;4:956–959.
MLA
Ucak, Harun, et al. “An Examination of Fisher Effect for Selected New EU Member States”. International Journal of Economics and Financial Issues, vol. 4, no. 4, Dec. 2014, pp. 956-9, https://izlik.org/JA27YA82SF.
Vancouver
1.Harun Ucak, Ilhan Ozturk, Alper Aslan. An Examination of Fisher Effect for Selected New EU Member States. IJEFI [Internet]. 2014 Dec. 1;4(4):956-9. Available from: https://izlik.org/JA27YA82SF