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Journal Article

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.

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File(s): File format is text/html http://www.clevelandfed.org/research/review/1986/86-q4-fons.pdf

File(s): https://fraser.stlouisfed.org/scribd/?toc_id=388621&filepath=/docs/publications/frbclevreview/rev_frbclev_1986q4.pdf&start_page=4#scribd-open

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1986

Issue: Q IV

Pages: 2-10