Shanmugam, K.R.; Misra, Biswa Swarup - East Asian Bureau of Economic Research (EABER) - 2008
This study contributes to the stock returns-inflation relation literature in developing countries by revisiting the … issue with reference to the emerging economy, India. More specifically, it tests whether the Indian stock market provides an … effective hedge against inflation usingmonthly data on real stock return, inflation and real activity from April 1980 to March …