Article Review on Financial Econometrics
Cambridge University
Article Review on Financial Econometrics
For the article review assignment, I have chosen the article ‘Inflation and Real Stock Returns Revisited’ by Shu-Chin Lin, published in the refereed journal Economic Inquiry in 2009. The article addresses the topic of relationship between real stock returns and inflation, aiming to obtain the empirical evidence of the effect of different dimensions of inflation (including anticipated inflation, unexpected inflation, and inflation uncertainty) on the real stock returns.
The motivation for the study arises from the inconsistencies between the generalized Fisher hypothesis and the empirical findings of the previous ...