Bridge over ocean
1 February 2012 Research Foundation

Equity Valuation and Inflation: A Review

  1. Stephen E. Wilcox, PhD, CFA
Equity Valuation and Inflation: A Review View the full book (PDF)

In theory, equity returns should be neutral to inflation. In practice, however, evidence of such behavior in the short run has been difficult to come by. This literature review provides a synopsis of much of the academic and practitioner research regarding the effects of inflation on equity prices.

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