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Inflation Hedging and Protection Characteristics of Infrastructure and Real Estate Assets

Wurstbauer, Daniel ; Schäfers, Wolfgang



Abstract

Purpose – Similar to real estate, infrastructure investments are regarded as providing a good inflation hedge and inflation protection. However, the empirical literature on infrastructure and inflation is scarce. Therefore, the purpose of this paper is to investigate the short- and long-term inflation-hedging characteristics, as well as the inflation protection associated with infrastructure ...

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