Fisher effect
Definition
Observation that in econometric models where inflation rate is assumed to be steady, the nominal rate of interest changes in step (pari passu) with the inflation rate. Named after the US mathematician-economist Irving Fisher (1867-1947).
Popular 'Banking, Commerce & Finance' Terms
Fisher effect in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/Fisher-effect.html
