Price inflation and stock returns

This letter demonstrates that price inflation and stock returns display differing relationships depending on the measure of inflation used. The regularity that price inflation and stock returns are negatively related in post-World War II depends on the model specification.

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Year of publication:	2012
Authors:	Oxman, Jeffrey
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 116.2012, 3, p. 385-388
Publisher:	Elsevier
Subject:	Inflation \| Equity premium \| Dividend yield

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Type of publication:	Article
Classification:	G1 - General Financial Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594074