Inflation and capital markets / edited by Marshall Sarnat.

List of Tables, ix -- Introduction, xiii -- I. Inflation and the Return on Investments, 1 -- Chapter One. The Empirical Relationship between Inflation and Financial Assets' Returns in an Inflation-Intensive Capital Market / Menachem Brenner and Dan Galai, 3 -- Chapter Two. The Impact of Inflation on Share Yields and Holding Period Returns / Myron J. Gordon and Shalom Hochman, 33 -- Chapter Three. Long-Term International Debt Capital Flows, Exchange Rate Risk, and Inflation / Karl A. Stroetmann, 43 -- Chapter Four. Some Research in Finance Related to Inflation / Georgio P. Szego, 71 -- Chapter Five. Influence of Inflation on Asset Management for an Italian Bank / Piera Mazzoleni, 77 -- II. Inflation and the Capital Asset Pricing Model, 85 -- Chapter Six. The Demand for Risky Assets under Uncertain Inflation / Irwin Friend, Yoram Landskroner, and Etienne Losq, 87 -- Chapter Seven. Inflation, the Pricing of Capital Assets, and Real Balance Effects / Marshall E. Blume, 101 -- Chapter Eight. Market Imperfections, Uncertain Inflation, and Capital Market Equilibrium / R. C. Stapleton and M. G. Surbrahmanyam, 113 -- Chapter Nine. The Capital Asset Pricing Model in Face of Price- Level Changes / Meir I. Schneller, 139 -- III. Indexation: Theoretical and Practical Foundations, 147 -- Chapter Ten. Indexation of Monetary Assets and Credit Instruments / Alfred Steinherr, 149 -- Chapter Eleven. Monetary Risk, Stagflation, and the Uneasy Case for Indexation / Marshall Sarnat, 179 -- Chapter Twelve. The Demand for Indexed Bonds / Stanley Fischer, 213 -- Name Index, 243 -- Subject Index, 247 -- About the Editor, 253.