Stock Returns and Inflation Redux : An Explanation from Monetary Policy in Advanced and Emerging Markets /
Classical theories of monetary economics predict that real stock returns are negatively correlated with inflation when monetary policy is countercyclical. Previous empirical studies mostly focus on a small group of developed countries or a few countries with hyperinflation. In this paper, I examine...
প্রধান লেখক: | |
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বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2021.
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মালা: | IMF Working Papers; Working Paper ;
No. 2021/219 |
বিষয়গুলি: | |
অনলাইন ব্যবহার করুন: | Full text available on IMF |