IDEAS home Printed from https://ideas.repec.org/a/ifs/fistud/v25y2004i3p15-25.html
   My bibliography  Save this article

Real rates of return

Author

Listed:
  • R. Hemming
  • J. A. Kay

Abstract

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. There are many purposes for which it is necessary to use estimates of future real rates of return, particularly those concerned with the funding of prospective pensions. Yet despite this adverse recent experience, there is a general reluctance to contemplate the possibility of negative real returns in furture, and to consider the provisions which would be needed if the future were in this respect like the past.

Suggested Citation

  • R. Hemming & J. A. Kay, 2004. "Real rates of return," Fiscal Studies, Institute for Fiscal Studies, vol. 25(3), pages 15-25, October.
    • Handle: RePEc:ifs:fistud:v:25:y:2004:i:3:p:15-25
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ifs:fistud:v:25:y:2004:i:3:p:15-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emma Hyman (email available below). General contact details of provider: https://edirc.repec.org/data/ifsssuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.