The Decline of Inflation and the Bull Market of 1982–1999

By Jay R. Ritter, Richard S. Warr. Journal of Financial and Quantitative Analysis, 2002

312 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9836dc2bca92bf86947e3fb9ac5eb39093f0d011

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. John Y. Campbell
2. Christopher Polk
3. Rongbing Huang
4. S. B. Thompson
5. Tuomo Vuolteenaho
6. M. Magill
7. Eric C. Engstrom
8. Geert Bekaert

In Finance

1. John Y. Campbell
2. Christopher Polk
3. S. B. Thompson
4. Tuomo Vuolteenaho
5. Geert Bekaert
6. Eric C. Engstrom
7. Rongbing Huang
8. Allan G. Timmermann

In Strategy and Management

1. John Y. Campbell
2. Christopher Polk
3. Rongbing Huang
4. Tuomo Vuolteenaho
5. S. B. Thompson
6. Eric C. Engstrom
7. Geert Bekaert
8. Jay R. Ritter

Citations in the corpus

• Testing Theories of Capital Structure and Estimating the Speed of Adjustment (2009, methodology): “Following Ritter and Warr (2002), we use the following model to estimate the real cost of equity for each stock in the Dow.”
• Demography and the Long-Run Predictability of the Stock Market (2004, result): “Recent work by Ritter and Warr (2002) and Campbell and Vuolteenaho (2004) has added even more evidence consistent with the hypothesis.”
• Capital Structure Decisions around the World: Which Factors Are Reliably Important? (2015, unknown): “In addition, equities may be undervalued in the presence of inflation if investors suffer from inflation illusion (Ritter and Warr (2002)), resulting in higher leverage.”
• Inflation and the Stock Market: Understanding the 'Fed Model' (2009, background): “…(2005)), both practitioners and academics have concluded that the model is inconsistent with a rational valuation of the stock market (see for instance, Asness (2003), Feinman (2005), Campbell and Vuolteenaho (2004), Cohen, Polk and Vuolteenaho (2005), Ritter and Warr (2002) and Sharpe (2002)).”
• Cross-sectional forecasts of the equity premium (2006, background): “Whether the expected equity premium is the result of time-varying risk aversion (Campbell and Cochrane, 1999), investor sentiment (Shiller, 1981, 2000), investor confusion about expected real cash-flow growth (Modigliani and Cohn, 1979; Ritter and Warr, 2002; Cohen et al., 2005a), or some unmodele”
• Inflation Illusion and Stock Prices (2004, methodology): “In recent work, Ritter and Warr (2002) support this idea with a detailed empirical analysis of the 1983-2000 bull market.”