Does inflation affect stock prices?

Shakil Quayes and A. Jamal

Applied Economics Letters, 2008, vol. 15, issue 10, 767-769

Abstract: Incorporating demand and supply factors, this article investigates the relationship between inflation and stock prices, in a capital gains tax regime in USA. Based on annual data, the results show that inflation has a negative impact on stock prices.

Date: 2008
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DOI: 10.1080/13504850600770871

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