Inflation, Asset Prices, and the Term Structure of Interest Rates in Monetary Economics

A Theory of the Term Structure of Interest Rates

1985 • 8,604 citations

An equilibrium characterization of the term structure

1977 • 6,242 citations

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

Economic Forces and the Stock Market

1986 • 5,321 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Stock Returns, Real Activity, Inflation, and Money

1981 • 2,625 citations

An Intertemporal General Equilibrium Model of Asset Prices

1985 • 2,096 citations

An Empirical Comparison of Alternative Models of the Short‐Term Interest Rate

1992 • 1,641 citations

Stochastic Differential Equations and Applications

1976 • 1,469 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

Interest Rate Volatility and the Term Structure: A Two‐Factor General Equilibrium Model

1992 • 905 citations

The Fiscal and Monetary Linkage between Stock Returns and Inflation

1983 • 895 citations

Business Cycles: Real Facts and a Monetary Myth

1990 • 868 citations

Monetary Trends in the United States and the United Kingdom

1982 • 683 citations

Functional equivalence between liquidity costs and the utility of money

1986 • 631 citations

Interpreting the evidence on money-income causality

1989 • 552 citations

Causal Relations Among Stock Returns, Interest Rates, Real Activity, and Inflation

1992 • 521 citations

Money and Growth: The Case of Long Run Perfect Foresight

1974 • 506 citations

Inflation, real returns and capital investment

1982 • 491 citations

Stock returns and inflation

1987 • 432 citations

A Theory of the Nominal Term Structure of Interest Rates

1992 • 423 citations

Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz

1989 • 413 citations

Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867-1975

1982 • 379 citations

Money and the Stock Market

1988 • 292 citations

A simple perfect foresight monetary model

1975 • 273 citations

Inflation and Asset Returns in a Monetary Economy

1992 • 266 citations

A nonlinear general equilibrium model of the term structure of interest rates

1989 • 258 citations

Consumption correlatedness and risk measurement in economies with non-traded assets and heterogeneous information

1982 • 253 citations

Identifying the Dynamics of Real Interest Rates and Inflation: Evidence Using Survey Data

1991 • 225 citations

Quantity Theory of Money

1989 • 198 citations

Stochastic Differential Equations

1975 • 195 citations

An arbitrage model of the term structure of interest rates

1978 • 186 citations

Asset Pricing and Expected Inflation

1986 • 186 citations

Consumption, production, inflation and interest rates

1986 • 161 citations

Inflation and Asset Prices in an Exchange Economy

1986 • 127 citations

Inflation, Output, and Money

1982 • 119 citations

Real and Nominal Interest Rates: A Discrete-Time Model and Its Continuous-Time Limit

1992 • 113 citations

Nominal Prices and Interest Rates in General Equilibrium: Money Shocks

1984 • 59 citations

Money Demand and the Stock Market in a General Equilibrium Model with Variable Velocity

1990 • 41 citations

Solving, estimating, and testing a nonlinear stochastic equilibrium model, with an example of the asset returns and inflation relationship

1989 • 40 citations

The World Bank since Bretton Woods

1975 • 4 citations

A Model of Intertemporal Discount Rates in the Presence of Real and Inflationary Autocorrelations

1987 • 1 citations