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J. A.  Kay

Academic outputs

Journal article
It is widely recognised that the real rates of return which have been earned on most financial assets in the UK in recent years have been negative-the yield on investments has not been high enough to compensate for the erosion of capital values through inflation.

Reports and comment


These slides were delivered by John Kay at an IFS lunchtime seminar, 6 February 2012.
This presentation was delivered at the IFS Residential Conference 2007.