Narayana Rao and Bhole examined the relation between inflation returns and equity returns in India. Based on the regression between monthly returns on RBI index and monthly inflation based on WPI they came to the conclusion that the relation was negative.
Subsequently Joshi examined the relationship between anticipated and unanticipated inflation and equity returns in India.
Friday, February 8, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment