政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/117563

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 109948/140897 (78%)
Visitors : 46082760 Online Users : 1120

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 > Item 140.119/117563

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/117563

Title:	Are Expected Inflation and Expected Real Rates Negatively Correlated? A Long-Run Test of the Mundell-Tobin Hypothesis
Authors:	陳聖賢 Shrestha, Keshab Chen, Sheng-Syan Lee, Cheng-few
Contributors:	財管系
Date:	2002
Issue Date:	2018-06-11 17:47:25 (UTC+8)
Abstract:	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.
Relation:	Journal of Financial Research, Vol.25, No.3, pp.305-320
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1111/1475-6803.t01-1-00020
DOI:	10.1111/1475-6803.t01-1-00020
Appears in Collections:	[財務管理學系] 期刊論文

Files in This Item:

File	Description	Size	Format
JournalofFinancialResearch.pdf		101Kb	Adobe PDF2	295	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...