The Behaviour of the Equity Yield and Its Relation with the Bond Yield: The Role of Inflation
Understanding the behaviour of the equity yield and its relation to the bond yield is important for portfolio managers and those engaged in modelling the interaction between asset classes. During the mid-1900s, the equity yield—which was previously greater than the bond yield—dec...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-12-01
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| Series: | International Journal of Financial Studies |
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| Online Access: | https://www.mdpi.com/2227-7072/6/4/99 |