inflation. Dividend strip returns are predictable, and the predictive power decreases with maturity as a result of predictable …

higher average inflation rate than is typically advocated in the literature. A variety of factors contribute to these results … average inflation rate to offset the related welfare costs …

empirical track record for inflation as a risk factor in stock returns. The chapter estimates the inflation risk premium in the …

solutions, all have failed as these attempts implicitly assume perfectly-correct inflation statistics. Examining these … assumptions, we discover that not only are the inflation numbers materially flawed, but more so, there are significant incentives … for government entities to under-report inflation. With this, we find that to explain the Equity Premium Puzzle, inflation …

To gauge the breadth of current inflation and prospects for inflation returning to target, we consider disaggregated …