Browsing by Keywords "Inflation anchors"
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A century and three-quarters of bank rate and long-term interest rates in the United Kingdom
(Wiley-Blackwell Publishing Ltd., 2017)Over the years from 1844 to 2013, the United Kingdom had several distinct monetary policy regimes. This paper examines the relationship between the Bank of England policy rate and UK long-term rates in each regime. Our ... -
The Fisher effect on long-term U.K. interest rates in alternative monetary regimes: 1844-2018
(Routledge, 2021-02-28)The Fisher Effect is one of the most widely studied relationships in monetary economics. Previous studies have found little evidence of a Fisher effect in pre-World War I data for the United Kingdom. An explanation for ...
