Chiodo, Abbigail J.; Guidolin, Massimo; Owyang, Michael T. - 2003 - [Elektronische Ressource], rev
negative news and periods and,
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See for instance The Economist, 10/23/1999 ("Beyond the business cycle?") and the "new era … accelerates inflation typical of the early stages of
monetary policy-induced cooling of the economy (via representativeness). In … monetary policy acts counter-
cyclically, the negative correlation between real stock returns and inflation derives from the …