The Fisher Effect: a Review of the Literature

  title={The Fisher Effect: a Review of the Literature},
  author={Arusha Cooray},
  • Arusha Cooray
  • Published 2002
The Fisher hypothesis has been a much debated topic. Over the years the hypothesis debated and the techniques used have changed. While the majority of early studies on the Fisher effect concentrated primarily on confirming the long and distributed lag in expectations formation, subsequent work saw the integration of the Fisher hypothesis with the theories of rational expectations and efficient markets. With the incorporation of these theories in the Fisher hypothesis, the methodological… CONTINUE READING

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