Results 231 to 240 of about 699,065 (279)

Goods Inflation, Asset Inflation, and the Greatest Peacetime Inflation in the US

Atlantic Economic Journal, 2017
In every episode of global monetary inflation originating in the Federal Reserve, we find both asset price inflation and goods inflation. The interrelationship between these two types of inflation depends both on cycle-specific factors and more general factors which transcend the cycle and stem from essential aspects of monetary disorder.
Brendan Brown
exaly   +2 more sources

Inflation and Asset Returns

Annual Review of Financial Economics, 2023
Carolin E Pflueger, Anna Cieslak
exaly   +2 more sources

Asset Returns and Measured Inflation

Journal of Money, Credit and Banking, 1994
This paper analyzes the inverse relationship between estimated real returns on assets and estimates of the expected rate of inflation that is commonly noted in the literature. The authors suggest that this puzzling relationship may be produced by an inappropriate application of currently published price indices to the problem of measuring asset returns.
Santoni, G J, Moehring, H Brian
openaire   +1 more source

Real Assets and Inflation: Which Real Assets Hedge Inflation

2015
Inflation is considered as a leading macroeconomic indicator, which might create substantial distortions in financial statements, future earnings, and overall performance of securities in the financial market. An inflation-hedging ability of an asset offers protection against inflation, which eliminates or at least reduces the uncertainty about the ...
Parajuli, Rajan, Chang, Sun Joseph
openaire   +3 more sources

Inflation and Asset Prices in an Exchange Economy

Econometrica, 1986
This paper studies the pricing of common stocks in the context of a monetary, rational expectations equilibrium. Special attention is given to the relationship between inflation and asset returns.
Danthine, Jean-Pierre, Donaldson, John B
openaire   +1 more source

Asset returns and inflation

Journal of Financial Economics, 1977
Abstract We estimate the extent to which various assets were hedges against the expected and unexpected components of the inflation rate during the 1953–1971 period. We find that U.S. government bonds and bills were a complete hedge against expected inflation, and private residential real estate was a complete hedge against both expected and ...
Eugene F. Fama, G.William Schwert
openaire   +1 more source

Inflation and asset returns

European Economic Review, 1999
Abstract Sustained inflation is detrimental to long-run growth and the financial system. A recent theoretical literature suggests that high inflation implies low real returns on assets. These low returns exacerbate informational frictions, interfering with the functioning of financial markets and the allocation of investment.
Barnes, Michelle L.   +2 more
openaire   +2 more sources

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