EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Stock Returns and Inflation: The Impact of Inflation Targeting
Alexandros Kontonikas () and
Alberto Montagnoli Nicola Spagnolo
Working Papers from Business School - Economics, University of Glasgow
This paper investigates the dynamic interaction between ination and stock returns in four ination targeting countries. We find that following the introduction of formal targets, ination persistence and the magnitude of volatility spillovers between ination and stock returns have been reduced.
JEL-codes: C22 E31 E44 E52 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba, nep-cfn, nep-ets, nep-fmk, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc Citations Track citations by RSS feed
Downloads: (external link) http://www.gla.ac.uk/media/media_22202_en.pdf (application/pdf)
Related works: This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:gla:glaewp:2005_11
Access Statistics for this paper
More papers in Working Papers from Business School - Economics, University of Glasgow
Contact information at EDIRC. Series data maintained by Jeanette Findlay ().