Considering market-based inflation expectations, we show that investors’ forecasts are non-linear. We capture this non … and low concern about inflation. Using a complete cross-asset panel of equity sectors, bonds, and commodities, we perform … inflation is regime-dependent. We show that inflation-indexed government bonds and oil are the best way to get exposure to slow …

Understanding the Stock Return-Inflation Nexus is a continuing concern among scholars. The main goal of the current … study was to critically examine the view that the relation between stock return and inflation is potentially asymmetric. To …

expected returns, while the opposite is true with an equal rise in high level inflation. Linear estimation provides …This paper argues that the nature of stock return predictability varies with the level of inflation. We contend that … the nature of relations between economic variables and returns differs according to the level of inflation, due to …