On the Dynamics of Inflation-Stock Returns in India
On the Dynamics of Inflation-Stock Returns in India
dc.contributor.author | Bhandari, Avishek | |
dc.contributor.author | Bandi, Kamaiah | |
dc.date.accessioned | 2022-03-27T02:10:07Z | |
dc.date.available | 2022-03-27T02:10:07Z | |
dc.date.issued | 2018-03-01 | |
dc.description.abstract | In this paper, an attempt is made to examine the relationship between inflation and stock returns in India using spectral and time-frequency methods. Scale specific relation between inflation and stock returns is unraveled, allowing us to capture the relationship at varying investment horizons. The results based on monthly data from 1994:5 to 2014:11, obtained using spectral and wavelet techniques, reveal that there exist no significant pro-cyclical interdependencies between inflation and stock returns, implying that stock returns is no longer an adequate hedge against inflation. | |
dc.identifier.citation | Journal of Quantitative Economics. v.16(1) | |
dc.identifier.issn | 09711554 | |
dc.identifier.uri | 10.1007/s40953-017-0075-6 | |
dc.identifier.uri | http://link.springer.com/10.1007/s40953-017-0075-6 | |
dc.identifier.uri | https://dspace.uohyd.ac.in/handle/1/4849 | |
dc.subject | Coherence | |
dc.subject | Cross wavelets | |
dc.subject | Inflation | |
dc.subject | Spectral density | |
dc.subject | Stock returns | |
dc.title | On the Dynamics of Inflation-Stock Returns in India | |
dc.type | Journal. Article | |
dspace.entity.type |
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