Stock Prices, Expected Returns, and Inflation
Data up to Jan 2025
Total Citations Per Year
Abstract
References (40)
The Econometrics of Financial Markets
2012 • 6,595 citations
Business conditions and expected returns on stocks and bonds
1989 • 4,137 citations
The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors
1988 • 3,689 citations
The Theory of Interest
2013 • 2,919 citations
Asset returns and inflation
1977 • 2,770 citations
Stock Returns, Real Activity, Inflation, and Money
1981 • 2,625 citations
Stock Prices, Earnings, and Expected Dividends
1988 • 2,383 citations
Predicting returns in the stock and bond markets
1986 • 1,825 citations
Accounting valuation, market expectation, and cross-sectional stock returns
1998 • 1,137 citations
Inflation, Rational Valuation and the Market
1979 • 942 citations
On Stock Market Returns and Monetary Policy
1997 • 905 citations
The Fiscal and Monetary Linkage between Stock Returns and Inflation
1983 • 895 citations
Financial Investment Opportunities and the Macroeconomy
1991 • 875 citations
What is the Intrinsic Value of the Dow?
1999 • 728 citations
COMMON STOCKS AS A HEDGE AGAINST INFLATION
1976 • 656 citations
Earnings forecasting research: its implications for capital markets research
1993 • 530 citations
Stock Return Predictability and The Role of Monetary Policy
1997 • 528 citations
Returns to contrarian investment strategies: Tests of naive expectations hypotheses
1997 • 444 citations
Stock returns and inflation: A long-horizon perspective
1993 • 433 citations
Stock returns and inflation
1987 • 432 citations
Business conditions, monetary policy, and expected security returns
1996 • 385 citations
The Decline of Inflation and the Bull Market of 1982-1999
2002 • 355 citations
10 Asset Pricing Implications of Equilibrium Business Cycle Models
1995 • 343 citations
Inflation and Asset Returns in a Monetary Economy
1992 • 266 citations
Stock Prices, Earnings and Expected Dividends
1988 • 262 citations
INFLATION AND SECURITY RETURNS*
1975 • 238 citations
Stock prices and bond yields
1992 • 203 citations
Asset Pricing and Expected Inflation
1986 • 186 citations
Inflation, Asset Prices, and the Term Structure of Interest Rates in Monetary Economics
1996 • 181 citations
Stock Returns and Inflation with Supply and Demand Disturbances
1999 • 162 citations
Inflation, tax rules and the stock market
1980 • 113 citations
Stock Returns Predictability and the Role of Monetary Policy
1998 • 83 citations
The Equity Risk Premium is Lower Than You Think It Is: Empirical Estimates From a New Approach
1999 • 70 citations
Industry Returns and the Fisher Effect
1994 • 65 citations
Unanticipated inflation and the value of the firm
1986 • 65 citations
Inflation and the Stock Market
1978 • 57 citations
Inflation Accounting and Nonfinancial Corporate Profits: Financial Assets and Liabilities
1976 • 30 citations
Firm Characteristics, Unanticipated Inflation, and Stock Returns
1988 • 26 citations
The Aggregate Change in Shares and the Level of Stock Prices
1999 • 14 citations
Financial Analysis in an Inflationary Environment
1977 • 8 citations