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- Title
Stocks, bonds, paper, and inflation: 187O-1985.
- Authors
Jones, Charles P.; Wilson, Jack W.
- Abstract
This paper presents the entire 115-year performance record for a composite index of common stock returns, a corporate bond series and commercial paper. A new CPI data for the earlier period was presented in order to be able to examine the first time inflation-adjusted returns similar to those that IS provide. The additional information of this complete record should be helpful in analyzing long-term price cycles and movements.
- Subjects
STOCKS (Finance); STOCK exchanges; BOND market; PRICE inflation; BONDS (Finance); FINANCE
- Publication
Journal of Portfolio Management, 1987, Vol 14, Issue 1, p20
- ISSN
0095-4918
- Publication type
Article
- DOI
10.3905/jpm.1987.409129