investigate the relationship between the equity premium and inflation. Findings – This paper shows that the equity premium over … the past 132 years has been significantly positively related to the rate of inflation and, therefore, has resulted in an … performance of bonds and stocks during inflationary periods. The relatively poor performance of bonds during periods of inflation …

that the real rates of return on common stocks and the expected inflation rate are independent and that nominal stock … returns vary in a one-to-one correspondence with the expected inflation rate. The regression results indicate that stock … returns in general are negatively correlated to both expected and unexpected inflation, and that common stocks provide a poor …

, und Universität Hamburg, sehen Europa vor der Wahl zwischen hoher Infla­tion oder dem möglichen Staatsbankrott einzelner …

Germany for the period from 1977 to 1995. The paper studies why some IPO firms have substantial positive and others have … concentrate on investigating whether the introduction of new stock market segments in Germany has changed the long-run performance …