… Specifically, regarding the equity yield and bond yield relation, while rising inflation supports falling prices in both markets, low inflation could lead to falling equity prices, due to increased risk from poor economic prospects, but rising bond prices (eg Gulko 2002) …
CITATION STYLE
McMillan, D. G. (2018). Forecast and Market Timing Power of the Model and the Role of Inflation. In Predicting Stock Returns (pp. 103–129). Springer International Publishing. https://doi.org/10.1007/978-3-319-69008-7_6
Mendeley helps you to discover research relevant for your work.