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Inflation, Monetary Policy and Stock Market Conditions
16 references·3 citing·39 second hop
Inflation, Monetary Policy and Stock Market Conditions (2008)Inflation, Monetary Policy and Stock Mark…Does Monetary Policy Have Asymmetric Effects on Stock Returns? (2007)Does Monetary Policy Have Asy…What Explains the Stock Market's Reaction to Federal Reserve Policy? (2005)What Explains the Stock Marke…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Asset Prices, Financial and Monetary Stability: Exploring the Nexus (2005)Asset Prices, Financial and M…Inflation Illusion and Stock Prices (2004)Inflation Illusion and Stock …Measuring The Reaction of Monetary Policy to the Stock Market (2003)Measuring The Reaction of Mon…The Decline of Inflation and the Bull Market of 1982-1999 (2002)The Decline of Inflation and …Asset prices, financial and monetary stability: exploring the nexus (2002)Asset prices, financial and m…A simple framework for analysing bull and bear markets (2002)A simple framework for analys…The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)The Twin Crises: The Causes o…The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1996)The Twin Crises: The Causes o…Causal Relations Among Stock Returns, Interest Rates, Real Activity, and Inflation (1992)Causal Relations Among Stock …Stock Returns, Real Activity, Inflation, and Money (1981)Stock Returns, Real Activity,…Manias, Panics, and Crashes: A History of Financial Crises (1979)Manias, Panics, and Crashes: …Inflation, Rational Valuation and the Market (1979)Inflation, Rational Valuation…Asset returns and inflation (1977)Asset returns and inflationMonetary policy and herd behavior: International evidence (2020)Monetary policy and herd beha…Asset Prices, Liquidity, and Monetary Policy in an Exchange Economy (2011)Asset Prices, Liquidity, and …Stock Market Conditions and Monetary Policy in an DSGE Model for the US (2010)Stock Market Conditions and M…MONEY, INCOME, AND CAUSALITY (1972)Economic Forces and the Stock Market (1986)Efficient Capital Markets: II (1991)A Comprehensive Look at The Empirical Performance of Equity Premium Prediction (2007)A Model of Balance-of-Payments Crises (1979)Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors (1993)Exchange Market Mayhem: The Antecedents and Aftermath of Speculative Attacks (1995)Contagious Currency Crises (1996)Financial Globalization: A Reappraisal (2006)Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison (2008)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)The Science of Monetary Policy: A New Keynesian Perspective (1999)Has Financial Development Made the World Riskier? (2005)Risk, uncertainty and monetary policy (2013)Hazardous Times for Monetary Policy: What Do Twenty-Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk-Taking? (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Expected stock returns and volatility (1987)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)New Indexes of Coincident and Leading Economic Indicators (1989)The Determinants of Banking Crises in Developing and Developed Countries (1998)Does financial liberalization spur growth? (2005)Economic Freedom of the World: 2022 Annual Report (2022)Econometric policy evaluation: A critique (1976)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)The East Asian Financial Crisis: Diagnosis, Remedies, Prospects (1998)The Adaptive Markets Hypothesis (2004)From Financial Crash to Debt Crisis (2011)Asset Pricing at the Millennium (2000)Beyond Greed and Fear (2002)Behavioral finance (2003)Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements (2004)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)Uncertainty about Government Policy and Stock Prices (2012)
this work references cited by second hop

References

  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1999The Twin Crises: The Causes of Banking and Balance-of-Payments Problems4,990 cited
  • 1979Manias, Panics, and Crashes: A History of Financial Crises2,838 cited
  • 1977Asset returns and inflation2,701 cited
  • 1981Stock Returns, Real Activity, Inflation, and Money2,632 cited
  • 2005What Explains the Stock Market's Reaction to Federal Reserve Policy?2,382 cited
  • 2005Asset Prices, Financial and Monetary Stability: Exploring the Nexus1,287 cited
  • 1996The Twin Crises: The Causes of Banking and Balance-of-Payments Problems950 cited
  • 1979Inflation, Rational Valuation and the Market944 cited
  • 2002Asset prices, financial and monetary stability: exploring the nexus763 cited
  • 2003Measuring The Reaction of Monetary Policy to the Stock Market744 cited
  • 2002A simple framework for analysing bull and bear markets593 cited
  • 1992Causal Relations Among Stock Returns, Interest Rates, Real Activity, and Inflation551 cited
  • 2004Inflation Illusion and Stock Prices473 cited
  • 2002The Decline of Inflation and the Bull Market of 1982-1999340 cited

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  • 2007Does Monetary Policy Have Asymmetric Effects on Stock Returns?232 cited
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    • 2011Asset Prices, Liquidity, and Monetary Policy in an Exchange Economy83 cited
    • 2020Monetary policy and herd behavior: International evidence38 cited
    • 2010Stock Market Conditions and Monetary Policy in an DSGE Model for the US32 cited