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In this paper, a dynamic inflation-protected investment strategy is presented, which is based on traditional asset … classes and Markov-switching models. Different stock market, as well as inflation regimes are identified, and within those … regimes, the inflation hedging potential of stocks, bonds, real estate, commodities and gold are investigated. Within each …
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This paper develops a two-country monetary DSGE model in which households choose a portfolio of home and foreign equities, and a forward position in foreign exchange. Some goods prices are set without full information of the state. We show that temporarily sticky nominal goods prices can have...
Persistent link: https://www.econbiz.de/10012761579
This paper develops a two-country monetary DSGE model in which households choose a portfolio of home and foreign equities, and a forward position in foreign exchange. Some goods prices are set without full information of the state. We show that temporarily sticky nominal goods prices can have...
Persistent link: https://www.econbiz.de/10012466454
This paper develops a two-country monetary DSGE (dynamic stochastic general equilibrium) model in which households choose a portfolio of home and foreign equities, and a forward position in foreign exchange. Some goods prices are set without full information of the state. Home and foreign...
Persistent link: https://www.econbiz.de/10014401498
What is the probability of high inflation; how high, when? These questions are important to all investors since even … characterizes this as The War On Savers. Higher inflation is possible, at 4% or more, with even worse effects. There are heated … debates about the probability and timing of high inflation, but our review of the extensive literature reveals no reliable way …
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