We analyze the hedging feature of gold against inflation by analyzing the factors affecting gold prices for the post … Traded Funds (ETFs) and US 10-year bond rates are effective on gold prices in this period. Inflation has no statistically … significant effect on gold prices over the sample period; however, in the subperiod, excluding 2014-2019, inflation has a …

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 …

The exceptional rise in government deficits following the subprime crisis, the recent commodity price spikes and the … 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 …

family under inflation risk. In the financial market, there is a liquid inflation-linked index bond market which can be … utilized to hedge the inflation risk. The explicit solutions for the optimal strategies including consumption rate, investment … optimal life insurance premium. Especially, the change of inflation rate has considerable impact on optimal life insurance …

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 …