The Fisher Equation, Belgium before and after Euro currency
This thesis focuses on the econometric evaluation of Fisher hypothesis. According to Fisher hypothesis there exist a long run equilibrium relationship between nominal interest rate and inflation rate. We analyze the data for Belgium at the different time periods of 1992 to 2000, 2001 to 2009 and 1992 to 2009. Cointegration technique is used to analyze this long run equilibrium relationship. Using