| dc.contributor | 財管系 | zh_TW |
| dc.creator (作者) | 陳聖賢 | zh_TW |
| dc.creator (作者) | Shrestha, Keshab | en_US |
| dc.creator (作者) | Chen, Sheng-Syan | en_US |
| dc.creator (作者) | Lee, Cheng-few | en_US |
| dc.date (日期) | 2002 | |
| dc.date.accessioned | 11-Jun-2018 17:47:25 (UTC+8) | - |
| dc.date.available | 11-Jun-2018 17:47:25 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Jun-2018 17:47:25 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/117563 | - |
| dc.description.abstract (摘要) | Some empirical evidence suggests that the expected real interest and expected inflation rates are negatively correlated. This hypothesis of negative correlation is sometimes known as the Mundell‐Tobin hypothesis. In this article we reinvestigate this negative relation from a long‐term point of view using cointegration analysis. The data on the historical interest rate on T‐bills and the inflation rate indicate that the Mundell‐Tobin hypothesis does not hold in the long run for the United States, the United Kingdom, and Canada. We also obtain similar results using the real interest rate on index‐linked gilt traded in the United Kingdom. | en_US |
| dc.format.extent | 103878 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Journal of Financial Research, Vol.25, No.3, pp.305-320 | zh_TW |
| dc.title (題名) | Are Expected Inflation and Expected Real Rates Negatively Correlated? A Long-Run Test of the Mundell-Tobin Hypothesis | en_US |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1111/1475-6803.t01-1-00020 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1111/1475-6803.t01-1-00020 | |
