Why is Consumption So Smooth?

Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root

1981 • 14,059 citations

Spectral Analysis and Time Series

1983 • 5,140 citations

Trends and random walks in macroeconmic time series

1982 • 4,673 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’

1981 • 2,374 citations

Forecasting Economic Time Series

2000 • 1,898 citations

Testing for a Unit Root in Time Series Regression

1988 • 1,359 citations

The Adjustment of Consumption to Changing Expectations About Future Income

1981 • 1,326 citations

How Big Is the Random Walk in GNP?

1988 • 1,326 citations

Forecasting Economic Time Series

1979 • 1,069 citations

The Time Series Consumption Function Revisited

1985 • 416 citations

Dividend Innovations and Stock Price Volatility

1988 • 363 citations

Permanent Income, Current Income, and Consumption

1990 • 312 citations

International evidence on the persistence of economic fluctuations

1989 • 273 citations

Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory?

1986 • 270 citations

Trends, random walks, and tests of the permanent income hypothesis

1985 • 212 citations

Are Output Fluctuations Transitory?

1986 • 141 citations

Life-cycle models of consumption: Is the evidence consistent with the theory?

2008 • 139 citations

The Estimation of "Surprise" Models and the "Surprise" Consumption Function

1986 • 117 citations

The insensitivity of consumption to news about income

1988 • 100 citations

Exact Linear Rational Expectations Models: Specification and Estimation

1981 • 69 citations

A note on Wiener-Kolmogorov prediction formulas for rational expectations models

1981 • 64 citations

Univariate Detrending Methods with Stochastic Trends

2005 • 34 citations

Exact Linear Rational Expectations Models: Specification and Estimation

1991 • 31 citations

Forecasting Economic Time Series.

1988 • 29 citations

Habit formation: a resolution of the equity premium puzzle

1990 • 20 citations