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Econometrica Vol. 54 No. 3 1986

Inflation and Asset Prices in an Exchange Economy

Jean-Pierre Danthine; John B. Donaldson

Abstract

[This paper studies the pricing of common stocks in the context of a monetary, rational expectations equilibrium. Special attention is given to the relationship between inflation and asset returns.]

DOI
10.2307/1911309
Volume
54
Issue
3
Pages
585
Sources
bibtex:phds-export.bib openalex crossref

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