9781334279362 - asset pricing and expected inflation (classic reprint) di stulz, rené m. (3 risultati)
- Brossura
Da: PBShop.store US, Wood Dale, IL, U.S.A.PBShop.store US
Contatta il venditoreVenditore con 5 stelleCondizione: Nuovo
EUR 24,08
Spedizione gratuitaSpedito in U.S.A.Quantità: 15 disponibili
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.
- Brossura
Da: PBShop.store UK, Fairford, GLOS, Regno UnitoPBShop.store UK
Contatta il venditoreVenditore con 5 stelleCondizione: Nuovo
EUR 24,35
EUR 3,84 spedizioneSpedito da Regno Unito a U.S.A.Quantità: 15 disponibili
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.
Altre immagini- Brossura
- Print on Demand
Da: Forgotten Books, London, Regno UnitoForgotten Books
Contatta il venditoreVenditore con 5 stelleCondizione: Nuovo
EUR 15,34
Spedizione gratuitaSpedito da Regno Unito a U.S.A.Quantità: Più di 20 disponibili
Paperback. Condizione: New. Print on Demand. This book crafts an equilibrium model in which stock returns show a negative correlation with inflation and monetary growth. The author proves that a rise in inflation erodes real wealth, leading to a decrease in both real interest rates and expected real returns on the stock market p…ortfolio. Crucially, the fall in returns is smaller when inflation rises due to increased money supply rather than a worsening investment climate. The book aligns with previous explanations for the negative correlation between stock returns and inflation but provides novel insights into the cross-sectional distribution of asset returns, explaining why assets tied to inflation may have lower expected returns. Ultimately, the book underscores the complex relationship between inflation, monetary policy, and investment decisions. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.
