Stock Market Returns and Inflation Forecasts

  • Author(s): N. BULENT GULTEKIN
  • Published: Apr 30, 2012
  • Pages: 663-673
  • DOI: 10.1111/j.1540-6261.1983.tb02495.x


This study uses data from the Livingston survey of expectations to examine the Fisher hypothesis as a model relating expected stock returns and expected inflation. We show that the Fisher hypothesis holds much better for ex ante expectations than ex post realizations.

Jump to menu

Main Navigation

Search the Site / Journal

Search Keywords

Members' Login


Members' Options

Site Footer

View Mobile Version