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This paper investigates the inflation hedging capability of listed real estate (LRE) companies from 1990 to 2021 in … and shows a superior inflation hedging ability than stocks. Additionally, we identify inflation-hedging portfolios by … minimizing the expected shortfall. This inflation-hedging portfolio allocation methodology suggests that listed real estate …
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, real estate has lagged behind. Now is the time to expand the range of tools available for hedging households’ risks and …
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This paper analyzes optimal hedging of a tradable risk (e.g. price risk or exchange rate risk) with forward contracts … in the presence of untradable inflation risk. Utility is defined over real wealth. Optimal forward positions are derived … risk premium and hence some risk taking. If untradable inflation risk is a monotone function of the tradable risk plus …
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