Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/5797
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dc.contributor.authorAnokye, Mohammed Adam-
dc.contributor.authorSiaw, Frimpong-
dc.date.accessioned2021-07-29T12:30:09Z-
dc.date.available2021-07-29T12:30:09Z-
dc.date.issued2017-03-14-
dc.identifier.issn2354-
dc.identifier.urihttp://hdl.handle.net/123456789/5797-
dc.description7p,:illen_US
dc.description.abstractBased on Fisher (1930) hypothesis, we test whether Ghana stock market can provide hedge against inflation in the long run using cointegration analysis. Using data for the Databank stock Index (DSI) from January 1991 to December 2007, the results give strong support for the hedge property. Thus Ghana stock market provides full hedge against inflation. The outcome of this study holds important lesson for the market participants in developing market (many of which have experienced decades of higher inflation) that current inflation may not necessarily be associated with expectations of lower future returns.en_US
dc.language.isoenen_US
dc.publisherUniversity of Cape Coasten_US
dc.subjectStock Returnsen_US
dc.subjectInflationen_US
dc.subjectHedgingen_US
dc.subjectCointegrationen_US
dc.titleCan Stocks Hedge against Inflation in the Long Run? Evidence from Ghana Stock Marketen_US
dc.typeArticleen_US
Appears in Collections:Department of Accounting & Finance

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