Stock Returns, Inflation and the Phillips Curve
In recent years, the negative relation between stock returns and inflation has been rigorously investigated. Studies by Lintner [25], Bodie [1], Jaffee and Mandelker [21], Nelson [28], Fama and Schwert [11], and Gultekin [17], to name but a few, consistently show that stock returns are negatively as...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
1986
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| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/824 |
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| Institution: | Singapore Management University |
| Language: | English |