Testing for rational bubbles with exogenous or endogenous fundamentals

Specification Tests in Econometrics

1978 • 17,234 citations

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

1987 • 15,268 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1982 • 1,846 citations

The monetary dynamics of hyperinflation

1956 • 1,603 citations

Studies in the Quantity Theory of Money.

1957 • 865 citations

Explosive Rational Bubbles in Stock Prices

1988 • 714 citations

Market Fundamentals versus Price-Level Bubbles: The First Tests

1980 • 539 citations

Rational Expectations and the Dynamics of Hyperinflation

1973 • 432 citations

THE FORWARD EXCHANGE RATE, EXPECTATIONS, AND DEMAND FOR MONEY: THE GERMAN HYPERINFLATION

1977 • 269 citations

Testing for Bubbles in Exchange Markets: A Case of Sparkling Rates?

1986 • 268 citations

The observable implications of self-fulfilling expectations

1985 • 262 citations

The Demand for Money during Hyperinflations under Rational Expectations: I

1977 • 176 citations

An Economic Theory of Monetary Reform

1980 • 114 citations

Kalman filtering estimation of unobserved rational expectations with an application to the German hyperinflation

1982 • 110 citations

On Testing for Self-Fulfilling Speculative Price Bubbles

1986 • 88 citations

The Demand for Money During Hyperinflation under Rational Expectations: II

1979 • 67 citations

Construction and Reconstruction

1980 • 57 citations

Empirical assessment of present value relations

1986 • 50 citations

Cagan's Model of Hyperinflation under Rational Expectations

1987 • 50 citations

Multi-country tests for price level bubbles

1984 • 43 citations

Time-Series Analysis of the German Hyperinflation

1978 • 39 citations

Unobserved Rational Expectations and the German Hyperinflation with Endogenous Money Supply

1987 • 28 citations

Inflation and Currency Reform

1985 • 24 citations

Government Debt and Inflationary Expectations as Determinants of the Money Supply in Germany 1919-23

1985 • 20 citations

Process consistency and monetary reform

1983 • 13 citations

What Do We Learn from Unit Roots in Macroeconomic Time Series

1987 • 6 citations