increase in inflation volatility have revived the debate on medium to long-term resurgence of inflation. Using a vector …-autoregressive model, this paper investigates the relationships between asset returns and inflation and the optimal strategic asset … allocation for investors seeking to hedge inflation risk in two different types of macroeconomic regimes. In a volatile …

inflation volatility have revived the debate on medium to long-term resurgence of inflation. This paper presents the optimal … strategic asset allocation for investors seeking to hedge inflation risk. Using a vector-autoregressive model, we investigate …, inflation-linked bonds, equities, commodities and real estate play an essential role. In a stable environment (“Great Moderation …

The diversifying power of inflation-linked (IL) bonds relative to traditional asset classes has changed significantly … seems to be due to more stable inflation expectations and to a more liquid IL bond market. Although diversification was a …

Inflation shocks are one of the pitfalls of developing economies and are usually difficult to hedge. This paper … examines the optimal strategic asset allocation for a Brazilian investor seeking to hedge inflation risk at different horizons …, we measure the inflation hedging properties of domestic and foreign investments and carry out a portfolio optimisation …

transmitted to the real variables: the GDP and the inflation. Few studies on monetary transmission mechanisms deal with the … scale from convenient impulse response functions. As a result, the Tunisian central bank should mainly target inflation …