Are common stocks a hedge against inflation?
(2006)
Journal Article
Luintel, K., & Paudyal, K. (2006). Are common stocks a hedge against inflation?. Journal of Financial Research, 29(1), 1-19. https://doi.org/10.1111/j.1475-6803.2006.00163.x
We test whether U.K. common stocks hedge against inflation using a framework of the tax-augmented Fisher hypothesis. Aggregate and disaggregate (seven industry groups) monthly data covering 48 years are used. All pairs of stock and retail price index... Read More about Are common stocks a hedge against inflation?.