Efekt Fishera w świetle determinizmu poznawczego i teorii chaosu

Robert Sobków

Published : 2017-10-30

Vol. 76 No. 5 (2017)

Fisher Effect in the Light of Cognitive Determinism and Chaos Theory

Robert Sobków

Abstract

In the last few decades the Fisher Effect has been repeatedly falsified, both in the temporal and spatial dimension. In the light of the Popperian concept of verifying the truthfulness of scientific hypotheses, it could be argued that the assertion that a constant level of real interest rate is maintained in the economy under conditions of expected changes in inflation is false. The purpose of the article is to challenge the theoretical basis for such an unequivocal conclusion by applying principles of cognitive determinism to analyse the Fisher Effect and results of empirical research that falsifies it.(original abstract)

Keywords:

Interest rate, Inflation, Chaos theory

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Sobków, R. (2017). Fisher Effect in the Light of Cognitive Determinism and Chaos Theory. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 76(5). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/805

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