We study investors' perceptions of inflation through the lens of a high-frequency event study and document that they … have a stagflationary view of the world. In response to higher-than-expected inflation, investors expect firms' nominal … even decline, with increases in nominal yields offset by larger increases in inflation expectations. Consistent with a …

This study sheds new light on the cross-sectional effects of inflation, which have substantial implications for stock … individual companies, focusing on the implications for both researchers and investment practitioners. I develop inflation …-adjustment procedures that are straightforward for investors to implement in real time for extracting the inflation effect on individual …

We investigate the overconfidence theory and inflation-illusion hypothesis of asset mispricing. Both concepts address … markets. Further, we find that asset turnover subsumes expected inflation in certain specifications; suggesting that …

investment can help hedge against inflation in the United States (US) and Canada. This study employed an autoregressive … against inflation in the United States and Canada. …

I establish that inflation risk is priced in the cross section of stock returns: Stocks that have low returns during … inflationary times command a risk premium. I estimate a market price of inflation risk that is comparable in magnitude to the price … of risk for the aggregate market. Inflation is therefore a key determinant of risk in the cross section of stocks. The …

This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible …

This study investigates the reaction of stock returns to the inflation announcement using time series data from 2012 to … 2018. To check the market efficiency or semi-strong efficiency of the Indian Stock Market for inflation announcement, we … have used an event study methodology. We selected nine events based on consensus estimate and actual inflation number; we …

The linkage between stock prices and inflation has been subjected to extensive research in the past decades and has … issue has been the apparent anomaly of the negative relationship between inflation and stock market returns as most studies … effective hedge against inflation in Nigeria. …

Changes in the general level of prices and inflation have profound effects on asset prices. There are several reasons … for these effects and the influence differs depending on the source of the inflation and whether it is expected or not. To … understand these effects, it is important to clarify what is meant by inflation, the pure theory of the sources of inflation, how …