The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models
NBER Working Paper No. 25089
---- Acknowledgments ----
Several sections of this paper are drawn from an earlier study, “The Neo-Fisher Effect in the US and Japan.” I am indebted to Stephanie Schmitt-Grohé for many comments and discussions. I also thank for comments Kosuke Aoki, Giovanni DellAriccia, and seminar participants at Columbia University, the Bank of England, Queen Mary University, the 2018 Bank of Korea International Conference, the 2018 China Meeting of the Econometric Society held in Shanghai, and the 2018 NBER Japan Project Meeting held in Tokyo. Yoon-Joo Jo and Seungki Hong provided excellent research assistance.