Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters

Ibrahim Arısoy

EN

Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters

Öz

This paper examines the validity of Fisher hypothesis in Turkey for the time period 1987Q1-2010Q3. For this purpose, we employ cointegration test with a structural break as well as time varying parameters approach (TVP) that takes into account the effects of regime or policy changes on the relation between interest rate and inflation rate. The empirical results show that weak form of the Fisher hypothesis holds in Turkish economy.

Anahtar Kelimeler

Fisher Effect, Cointegration, Regime Shift, Time-Varying Parameters, Kalman Filter

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Ibrahim Arısoy Bu kişi benim

Yayımlanma Tarihi

1 Haziran 2013

Gönderilme Tarihi

1 Haziran 2013

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2013 Cilt: 3 Sayı: 2

IZ

https://izlik.org/JA57CB73NX

Kaynak Göster

RIS / Bibtex

APA

Arısoy, I. (2013). Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters. International Journal of Economics and Financial Issues, 3(2), 496-502. https://izlik.org/JA57CB73NX

AMA

1.Arısoy I. Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters. IJEFI. 2013;3(2):496-502. https://izlik.org/JA57CB73NX

Chicago

Arısoy, Ibrahim. 2013. “Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters”. International Journal of Economics and Financial Issues 3 (2): 496-502. https://izlik.org/JA57CB73NX.

EndNote

Arısoy I (01 Haziran 2013) Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters. International Journal of Economics and Financial Issues 3 2 496–502.

IEEE

[1]I. Arısoy, “Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters”, IJEFI, c. 3, sy 2, ss. 496–502, Haz. 2013, [çevrimiçi]. Erişim adresi: https://izlik.org/JA57CB73NX

ISNAD

Arısoy, Ibrahim. “Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters”. International Journal of Economics and Financial Issues 3/2 (01 Haziran 2013): 496-502. https://izlik.org/JA57CB73NX.

JAMA

1.Arısoy I. Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters. IJEFI. 2013;3:496–502.

MLA

Arısoy, Ibrahim. “Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters”. International Journal of Economics and Financial Issues, c. 3, sy 2, Haziran 2013, ss. 496-02, https://izlik.org/JA57CB73NX.

Vancouver

1.Ibrahim Arısoy. Testing for the Fisher Hypothesis under Regime Shifts in Turkey: New Evidence from Time-Varying Parameters. IJEFI [Internet]. 01 Haziran 2013;3(2):496-502. Erişim adresi: https://izlik.org/JA57CB73NX