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单词 Fisher hypothesis
释义

Fisher hypothesis

Definition
Observation that interest rates have a built-in premium for anticipated inflation and, therefore, nominal rates of interest and inflation rates are linked and real rate of interest is constant. Named after the US mathematician-economist Irving Fisher (1867-1947) who first reported it in his 1907 book 'Rate of Interest.'
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更新时间:2025/4/17 6:17:59