A Nominal Theory of the Nominal Rate of Interest and the Price Level: Some Empirical Evidence

被引：0

作者：

Moreira, Tito B. S. ^{[1
]}

Souza, Geraldo Silva ^{[2
]}

机构：

[1] Univ Catolica Brasilia, Brasilia, DF, Brazil

[2] Univ Brasilia, Brasilia, DF, Brazil

来源：

ECONOMICS BULLETIN | 2009年 / 29卷 / 04期

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper aims to investigate the impact of the bond/money ratio on the nominal interest rate. The econometric model chosen fits a dynamic panel data for Canada, Japan and US over the period 1980-2006. We found empirical evidence that Ricardian Equivalence does not hold. The analysis indicates, for the three countries, that the bond/money ratio affects the nominal interest rate.

引用

页码：3120 / 3125

页数：6

共 50 条

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