This article tries to solve the portfolio inflation hedging problem by introducing a new class of dynamic trading … returns on a risk-adjusted basis than regular inflation hedging portfolio allocation while achieving a lower cost than …

choose a path for the inflation rate that ends with a non-zero value. Such a property is relevant in a wide range of … youth structure. In this setting, profit flows are discounted more heavily than utility flows and the optimal inflation … long-run inflation rate in models with firm entry and exit and in environments with search and matching frictions in the …

This study revisits and tests empirically the Portfolio Theory of Inflation (PTI), which analyzes how the effectiveness … (Bossone, The portfolio theory of inflation and policy (in)effectiveness, 2019). The PTI shows that when an economy is heavily … and policies aimed to stimulate output growth dissipate into domestic currency depreciation and higher inflation, with …

Evidence on the portfolio holdings and transaction patterns of households suggests that the burden of inflation is not … this framework to study the distributional impact of inflation. At the aggregate level, our model economy behaves similarly … to standard monetary growth models within the representative agent abstraction. Inflation has, however, important …

inflation volatility have revived the debate on medium to long-term resurgence of inflation. This paper presents the optimal … strategic asset allocation for investors seeking to hedge inflation risk. Using a vector-autoregressive model, we investigate …, inflation-linked bonds, equities, commodities and real estate play an essential role. In a stable environment (“Great Moderation …

increase in inflation volatility have revived the debate on medium to long-term resurgence of inflation. Using a vector …-autoregressive model, this paper investigates the relationships between asset returns and inflation and the optimal strategic asset … allocation for investors seeking to hedge inflation risk in two different types of macroeconomic regimes. In a volatile …