Inflation Hedging Versus Inflation Protection in the US and the UK
Martin Hoesli and
B MacGregor
Working Papers from Ecole des Hautes Etudes Commerciales, Universite de Geneve-
Abstract:
This paper considers whether stocks, bonds, real estate and securitized real estate in both the US and the UK provide protection against inflation, that is, whether they deliver positive real returns over a given holding period.
Keywords: INFLATION; UNITED STATES; UNITED KINGDOM (search for similar items in EconPapers)
JEL-codes: E31 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1997
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:ehecge:97.09
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