Are stocks a hedge against inflation? International evidence using a long-run approach. Journal of International Money and Finance 16, 141-167.Ely, P.D. and Robinson, K.J., 1997, "Are Stocks a Hedge against inflation ? International Evidence using a Long - Run Approach "Journal of ...
InflationFisher effectAfrican stock marketsCointegrationThe extent to which the stock market provides a hedge to investors against inflation is examined for African stock markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the elasticities of ...
Adam A M and Frimpong S (2010), "Can Stocks Hedge Against Inflation in the Long Run? Evidence from Ghana Stock Market", International Journal of Business and Management, Vol. 5, pp. 188-194. ISSN 2231-4245Adam, Anokye Mohammed and Frimpong, Siaw (2010), “Can Stocks Hedge against ...
4、For many years, the conventional wisdom insisted that stocks were a hedge against inflation.多年来,传统智慧坚持认为股票是对通货膨胀的对冲。 5、Two years later, earnings from the stocks had dropped off by nearly 50%.2年后,股票收益已下降了近50%。 6、The glamour stocks of the age saw th...
only exposure to long-run consumption risk generates significant risk premia, implying that high-return value stocks should be long-duration assets, contrary... MM Croce,M Lettau,S Ludvigson - Meeting Papers 被引量: 196发表: 2006年 Are stocks a hedge against inflation? International evidence usin...
Compared to the bulk of the previous research (involving low inflation) this article provides evidence of a positive relationship between current stock market returns and current inflation. This result confirms that stock returns act as a hedge against inflation. Results also show that past rates of...
income stocks. In order to be considered a REIT, they are forced to pay out 90 percent of their taxable income to its shareholders as dividends, thereby offering large distributive yields. They also allow for exposure to the real estate market and provide an effective hedge against inflation. ...
While consumers are feeling the pain of surging premiums, insurance companies have emerged as a favored hedge against rising inflation. F/m Investments' Don Nesbitt and MW's Joe Adinolfi weigh the investment opportunities and risks in the industr...
Yardeni said he thinks the Fed wants to frontload their hikes instead of raising rates by 50 basis points, followed by two 25-basis-point increases. — Abigail Ng Tue, Nov 1 20228:37 PM EDT CNBC Pro: Goldman's Currie reveals 'the best' hedge against inflation, rate hikes and geopolitic...
Are stocks a hedge against inflation? International evidence using a long-run approach A large body of evidence indicates that the stock market tends to perform poorly during inflationary time periods. However, these results are mostly obtain... DP Ely,KJ Robinson - 《Journal of International ...