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Inflation and financial market performance Author info | Abstract | Publisher info | Download info | Related research | Statistics John H. Boyd
Ross E. Levine
Bruce D. Smith
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An exploration of the cross-sectional relationship between inflation and an array of indicators of financial market conditions, using time-averaged data covering several decades and a large number of countries.
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Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number
9617.
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Date of creation: 1996Date of revision:
Handle: RePEc:fip:fedcwp:9617Contact details of provider: Postal: 1455 East 6th St., Cleveland OH 44114 Phone: 216.579.2000 Web page: http://www.clevelandfed.org/ More information through EDIRC
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Keywords: Financial markets ; Inflation (Finance) ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Boudoukh, Jacob & Richardson, Matthew, 1993.
"Stock Returns and Inflation: A Long-Horizon Perspective ,"
American Economic Review ,
American Economic Association, vol. 83(5), pages 1346-55, December.
[Downloadable!] (restricted)
Schwert, G William, 1989.
" Why Does Stock Market Volatility Change over Time? ,"
Journal of Finance ,
American Finance Association, vol. 44(5), pages 1115-53, December.
[Downloadable!] (restricted)
Other versions: Demirguc-Kunt, Ash & Levine, Ross, 1996.
"Stock Market Development and Financial Intermediaries: Stylized Facts ,"
World Bank Economic Review ,
Oxford University Press, vol. 10(2), pages 291-321, May.
Other versions: Breen, William & Glosten, Lawrence R & Jagannathan, Ravi, 1989.
" Economic Significance of Predictable Variations in Stock Index Returns ,"
Journal of Finance ,
American Finance Association, vol. 44(5), pages 1177-89, December.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Beck, Thorsten & Buyukkarabacak, Berrak & Rioja, Felix & Valev, Neven, 2008.
"Who gets the credit ? and does it matter ? household vs. firm lending across countries ,"
Policy Research Working Paper Series
4661, The World Bank.
[Downloadable!]
Other versions: Paul Wachtel & Peter L. Rousseau, 2000.
"Inflation, Financial Development and Growth ,"
Working Papers
00-10, New York University, Leonard N. Stern School of Business, Department of Economics.
[Downloadable!]
Bhattacharya, Joydeep, 2003.
"Monetary Policy And The Distribution Of Income ,"
Staff General Research Papers
11072, Iowa State University, Department of Economics.
[Downloadable!]
Bruce D. Smith & Mohsin S. Khan & A. Senhadji Semlali, .
"Inflation and Financial Depth ,"
IMF Working Papers
01/44, International Monetary Fund.
[Downloadable!]
Other versions: Jakob Madsen, 2007.
"Pitfalls in estimates of the relationship between stock returns and inflation ,"
Empirical Economics ,
Springer, vol. 33(1), pages 1-21, July.
[Downloadable!] (restricted)
Alexandros Kontonikas & Alberto Montagnoli & Nicola Spagnolo, 2006.
"Stock Returns and Inflation: The Impact of Inflation Targeting ,"
Working Papers
2005_11, Department of Economics, University of Glasgow.
[Downloadable!]
John Boyd & Bruce Champ, 2003.
"Inflation and financial market performance: what have we learned in the last ten years ,"
Working Paper
0317, Federal Reserve Bank of Cleveland.
[Downloadable!]
Marco Espinosa-Vega & Steven Russell, 1998.
"The long-run real effects of monetary policy: Keynesian predictions from a neoclassical model ,"
Working Paper
98-6, Federal Reserve Bank of Atlanta.
[Downloadable!]
Ivanna Vladkova Hollar & Carlo Cottarelli & Giovanni Dell'Ariccia, 2003.
"Early Birds, Late Risers, and Sleeping Beauties: Bank Credit Growth to the Private Sector in Central and Eastern Europe and in the Balkans ,"
IMF Working Papers
03/213, International Monetary Fund.
[Downloadable!]
Other versions:
Cottarelli, Carlo & Dell'Ariccia, Giovanni & Vladkova-Hollar, Ivanna, 2005.
"Early birds, late risers, and sleeping beauties: Bank credit growth to the private sector in Central and Eastern Europe and in the Balkans ,"
Journal of Banking & Finance ,
Elsevier, vol. 29(1), pages 83-104, January.
[Downloadable!] (restricted) Jill A. Holman, 2000.
"Government budgetary policies, economic growth, and currency substitution in a small open economy ,"
Research Working Paper
RWP 00-08, Federal Reserve Bank of Kansas City.
[Downloadable!]
Jakob B. Madsen, 2004.
"Pitfalls in Estimates of Relationship between Share Returns and Inflation ,"
FRU Working Papers
2004/07, University of Copenhagen. Department of Economics. Finance Research Unit.
[Downloadable!]
Dandan Liu & Dennis Jansen & Qi Li, 2005.
"Regime switching in the dynamic relationship between stock returns and inflation ,"
Applied Financial Economics Letters ,
Taylor and Francis Journals, vol. 1(5), pages 273-277, September.
[Downloadable!] (restricted)
Javier Andrés & Ignacio Hernando & J. David López-Salido, 1999.
"The Role of the Financial System in the Growth-Inflation Link: the OECD Experience ,"
Banco de España Working Papers
9920, Banco de España.
[Downloadable!]
Other versions: Sangmok Choi & Bruce D. Smith & John H. Boyd, 1996.
"Inflation, financial markets and capital formation ,"
Proceedings ,
Federal Reserve Bank of St. Louis, issue May, pages 9-35.
[Downloadable!]
Other versions:
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