Altimari, N. Does money lead inflation in the Euro area?. 2001 En : European Central Bank, Working Paper, No.63. :
Altissimo, F. ; Georgiou, E. ; Sastre, M. ; Valderrama, T. ; Sterne, G. ; Stocker, M. Wealth and asset price effects of economic activity. 2005 En : European Central Bank, Occasional Paper Series, No.29. :
Barnes, M. ; Boyd, J.H. ; Smith, B.D. Inflation and asset returns. 1999 European Economic Review. 43 737-754
Batini, N. Euro area inflation persistence. 2002 En : European Central Bank, Working Paper, No.201. :
Bernanke, B.S. ; Kuttner, K.N. What explains stock market's reaction to federal reserve policy. 2005 Journal of Finance. 60 1221-1257
Boudough, J. ; Richardson, M. Stock returns and inflation: A long-horizon perspective. 1993 American Economic Review. 83 1346-1355
Brand, C. ; Cassola, N. A money demand system for the Euro area. 2000 En : European Central Bank, Working Paper, No.39. :
Brand, C. ; Gerdesmeier, D. ; Roffia, B. Estimating the trend of M3 income velocity underlying the reference value for monetary growth. 2002 En : European Central Bank, Occasional Paper Series, No.3. :
Brand, C. ; Reimers, H.-E. ; Seitz, F. Forecasting real GDP: What role for narrow money?. 2003 En : European Central Bank, Working Paper, No.254. :
Calza, A. ; Gerdesmeier, D. ; Levy, J. Euro area money demand: Measuring the opportunity costs appropriately. 2001 En : IMF Working Paper, WP/01/179. :
Campbell, J.Y. Stock returns and the term structure. 1987 Journal of Financial Economics. 18 373-399
Campbell, J.Y. ; Perron, P. Pitfalls and opportunities: What macroeconomists should know about unit roots. 1991 En : Blanchard, O. ; Fischer, S. NBER Macroeconomics Annual. MIT Press: Cambridge
Campbell, J.Y. ; Shiller, R. The dividend price ratio and expectations of future dividends and discount factors. 1988 Review of Financial Studies. 1 195-228
Canova, A.D. ; DeNicolo, G. Stock returns and real activity: A structural approach. 1995 European Economic Review. 39 981-1015
Cassola, N. ; Morana, C. Monetary policy and the stock market in the Euro area. 2004 Journal of Policy Modeling. 26 387-399
- Cheung, Y.-W. ; Lai, K. Finite sample sizes of the Johansen likelihood ratio tests for cointegration. 1993 Oxford Bulletin of Economics and Statistics. 55 313-328
Paper not yet in RePEc: Add citation now
Coenen, G. ; Vega, J.-L. The demand for M3 in the Euro area. 1999 En : European Central Bank, Working Paper, No.6. :
- Conover, M.C. ; Jensen, G.R. ; Johnson, R.R. Monetary conditions and international investing. 1999 Financial Analyst Journal. 55 38-48
Paper not yet in RePEc: Add citation now
Conover, M.C. ; Jensen, G.R. ; Johnson, R.R. Monetary environment and international stock returns. 1999 Journal of Banking and Finance. 23 1357-1381
Cornell, B. The money supply announcements puzzle: Review and interpretation. 1983 American Economic Review. 73 644-657
DeJong, D.N. ; Nankervis, J. ; Savin, C. ; Whiteman, C.H. The power problems of unit roots tests in time series with autoregressive errors. 1992 Journal of Econometrics. 53 232-245
- Durham, J.B. Monetary policy and stock returns. 2003 Financial Analyst Journal. 59 26-35
Paper not yet in RePEc: Add citation now
Durham, J.B. The effects of monetary policy on monthly and quarterly stock markets returns: Cross-country evidence and sensitivity analyses. 2001 En : Federal Reserve Board, Finance and Economic Discussion Paper Series, No.42. :
Engsted, T. ; Tanggaard, C. The relation between asset returns and inflation at short and long horizons. 2002 Journal of International Financial Markets, Institutions and Money. 12 101-118
Fama, E.F. Stock returns, expected returns, and real activity. 1990 Journal of Finance. 45 1089-1108
Fama, E.F. Stock Returns, Real Activity, and Money. 1981 American Economic Review. 71 545-565
Fama, E.F. ; French, K.R. Business conditions and expected return on stock and bonds. 1989 Journal of Financial Economics. 25 23-49
Fama, E.F. ; Schwert, G.W. Asset returns and inflation. 1977 Journal of Financial Economics. 5 115-146
Feldstein, M. Inflation and stock market. 1980 American Economic Review. 72 839-847
Friedman, M. Money and the stock market. 1988 Journal of Political Economy. 96 221-245
Funke, M. Money demand in Euroland. 2001 Journal of International Money and Finance. 20 701-713
Gallagher, L.A. ; Taylor, M.P. The stock return–inflation puzzle revisited. 2002 Economic Letters. 75 147-157
Gerlach, S. ; Svensson, L.E.O. Money and inflation in the Euro area: A case for monetary indicators. 2003 Journal of Monetary Economics. 50 649-1672
Geske, R. ; Roll, R. The fiscal and monetary linkage between stock returns and inflation. 1983 Journal of Finance. 38 1-32
Gonzalo, J. Five alternative methods in estimating long run equilibrium relationships. 1994 Journal of Econometrics. 60 203-233
Gultekin, N.B. Stock markets return and inflation: Evidence from other countries. 1983 Journal of Finance. 38 49-65
Hall, A. Testing for unit root in a time series with pretest data-based model selection. 1994 Journal of Business and Economics Statistics. 12 461-470
Hallman, J.F. ; Porter, R.D. ; Small, D.H. Is the price level tied to the M2 monetary aggregate in the long run. 1991 American Economic Review. 81 841-858
Hamburger, M.J. ; Kochin, L.A. Money and stock prices: The channels of influence. 1972 Journal of Finance. 27 231-249
Hardouvelis, G.A. Macroeconomic information and stock prices. 1987 Journal of Economics and Business. 39 131-140
Homa, K.E. ; Jaffee, D.M. The supply of money and common stock prices. 1971 Journal of Finance. 26 1056-1066
Jensen, G.R. ; Johnson, R.R. Discount rate and security returns in the U.S. 1995 Journal of Banking and Finance. 19 79-95
Jensen, G.R. ; Mercer, J.M. ; Johnson, R.R. Business condition, monetary policy, and expected security returns. 1996 Journal of Financial Economics. 40 213-237
Johansen, S. Determination of the cointegration rank in the presence of a linear trend. 1992 Oxford Bulletin of Economics and Statistics. 54 383-397
Johansen, S. Statistical analysis of cointegration vectors. 1988 Journal Economic Dynamics and Control. 12 231-254
Kaul, G. Stock returns and inflation, the role of the monetary sector. 1987 Journal of Financial Economics. 18 253-276
Keim, D.B. ; Stambaugh, R.F. Predicting returns in the stock and bond market. 1986 Journal of Financial Economics. 17 357-390
- King, M. No money, no inflation — The role of money in the economy, Bank of England. 2002, Summer Quarterly Bulletin. 162-177
Paper not yet in RePEc: Add citation now
Kontolemis, Z.G. Money demand in the Euro area: Where do we stand (today)?. 2002 En : IMF Working Paper, WP/02/185. :
Lastrapers, W.D. International evidence on equity prices, interest rates and money. 1998 Journal of International Money and Finance. 17 377-406
Lee, B.S. Causal relations among stock returns, interest rates, real activity, and inflation. 1992 Journal of Finance. 43 1591-1603
- Mann, T. ; Atra, R.J. ; Dowen, R. U.S. monetary policy indicators and international stock returns: 1970–2001. 2004 International Review of Financial Analysis. 13 543-558
Paper not yet in RePEc: Add citation now
- McKinnon, J. Critical values for cointegration tests. 1991 En : Engle, R.F. ; Granger, C.W.J. Long-run economic relationships. Oxford University Press: Oxford
Paper not yet in RePEc: Add citation now
- Modigliani, F. ; Cohn, R.A. Inflation, rational valuation and the market. 1979 Financial Analyst Journal. 35 24-44
Paper not yet in RePEc: Add citation now
Nelson, E. Direct effects of base money on aggregate demand: Theory and evidence. 2002 Journal of Monetary Economics. 49 687-708
- Ng, S. ; Perron, P. Unit roots tests in ARMA models with data-dependent methods for the selection of truncation lag. 1995 Journal of American Statistical Association. 90 268-281
Paper not yet in RePEc: Add citation now
O'Reilly, G. ; Whealan, K. Has Euro-area inflation persistence changed over time?. 2004 En : European Central Bank, Working Paper, No.335. :
Orphanides, A. ; Porter, R.D. P* revisited: Money-based inflation forecast with a changing equilibrium velocity. 2000 Journal of Economics and Business. 52 87-100
Osterwald-Lenum, M. A note with quantiles of the asymptotic distribution of the ML cointegration rank statistics. 1992 Oxford Bulletin of Economics and Statistics. 53 461-472
Pantula, G. Testing for unit roots in time series data. 1979 Econometric Theory. 5 256-271
Patelis, A.D. Stock return predictability: The role of monetary policy. 1997 Journal of Finance. 52 1951-1972
Pesando, J.E. The supply of money and common stock prices: Further observations on econometric evidence. 1974 Journal of Finance. 29 909-921
- Rapah, D.E. The long-run relationship between inflation and real stock prices. 2002 Journal of Macroeconomics. 24 331-351
Paper not yet in RePEc: Add citation now
- Reimers, H.-E. Comparisons of tests for multivariate cointegration. 1992 Statistical Papers. 33 335-359
Paper not yet in RePEc: Add citation now
Reinsel, G.C. ; Ahn, S.K. Vector autoregressive models with unit roots and reduced rank structure: Estimation, likelihood ratio test, and forecasting. 1992 Journal of Time Series Analysis. 13 353-375
Robalo, M.C. Inflation persistence: Facts or artefacts?. 2004 En : European Central Bank Working Paper, No.371. :
Rogalski, R.J. ; Vinsco, J.D. Stock returns, money supply, and the direction of causality. 1977 Journal of Finance. 32 1017-1030
- Rozeff, M.S. Money and Stock Prices. 1974 Journal of Financial Economics. 1 245-302
Paper not yet in RePEc: Add citation now
Schwert, G.W. Tests for unit roots: A Monte Carlo investigation. 1989 Journal of Business and Economic Statistics. 7 147-159
Sellin, P. Monetary policy and the stock market: Theory and empirical evidence. 2001 Journal of Economic Surveys. 15 291-541
- Solnik, B. The relationship between stock prices and inflationary expectations: The international evidence. 1983 Journal of Finance. 38 35-48
Paper not yet in RePEc: Add citation now
Stock, J.H. ; Watson, M.W. Forecasting inflation. 1999 Journal of Monetary Economics. 44 293-335
Svensson, L.E.O. ; Woodford, M. Indicator variables for optimal policy. 2003 Journal of Monetary Economics. 50 691-720
Thorbecke, W. On stock market returns and monetary policy. 1997 Journal of Finance. 52 635-654
Trecroci, C. ; Vega, J.L. The information content of M3 for future inflation. 2000 En : European Central Bank, Working Paper, No.33. :
VanderHoff, J. ; VanderHoff, M. Inflation and stock returns: An industry analysis. 1986 Journal of Economics and Business. 38 341-352