Disinflation, equity valuation, and investor rationality
Abstract: An examination of the relationship between inflation and equity prices, concluding that equity prices respond rationally to such factors as real interest rates and risk.
File(s): File format is text/html http://www.clevelandfed.org/research/review/1986/86-q4-fons.pdf
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1986
Issue: Q IV