INFLATION ILLUSION, CREDIT, AND ASSET PRICING.

http://web.stanford.edu/~piazzesi/illusion.pdf

NBER WORKING PAPER SERIES INFLATION ILLUSION, CREDIT, AND ASSET PRICING Monika Piazzesi Martin Schneider
Working Paper 12957
http://www.nber.org/papers/w12957
NATIONAL BUREAU OF ECONOMIC RESEARCH
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March 2007