We show that inflation risk is priced in stock returns and that inflation risk premia in the cross-section and the aggregate market vary over time, even changing sign as in the early 2000s. This time variation is due to both price and quantities of inflation risk changing over time. Using a...

The Australian Business Deans Council (ABDC) journal classification list uses a methodology where a committee of experts puts a specific percentage of journals in each discipline in a certain category (A*, A, B, or C). We study whether this approach creates unequal opportunities in favor of some...