The Econometric SocietyEconometrica: May 1986, Volume 54, Issue 3
Inflation and Asset Prices in an Exchange Economy
https://doi.org/0012-9682(198605)54:3<585:IAAPIA>2.0.CO;2-R
p.
585-606
Jean-Pierre Danthine, John B. Donaldson
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.Log In To View Full Content