Government Spending, the Real Interest Rate, and the Behavior of Liquidity-Constrained Consumers in Developing Countries

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

On the Pooling of Time Series and Cross Section Data

1978 • 4,737 citations

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

1978 • 3,343 citations

Econometric Issues in the Analysis of Regressions with Generated Regressors

1984 • 2,277 citations

On Approximating the Statistical Properties of Elasticities

1986 • 2,222 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Econometric Modelling of the Aggregate Time-Series Relationship Between Consumers' Expenditure and Income in the United Kingdom

1978 • 1,632 citations

Life Cycle, Individual Thrift and the Wealth of Nations

1986 • 811 citations

Serial Correlation and the Fixed Effects Model

1982 • 804 citations

The Time Series Consumption Function Revisited

1985 • 416 citations

Money and Capital or Financial Deepening in Economic Developments?**Extracted by permission from Journal of Money, Credit, and Banking, Vol. 10, No. 4 (Nov. 1978). Copyright © 1978 by the Ohio State University Press. All rights reserved.

1980 • 309 citations

Liquidity Constraints, Fiscal Policy, and Consumption

1986 • 303 citations

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

1986 • 270 citations

Saving and the real interest rate in LDCs

1985 • 240 citations

Saving, investment, growth and the cost of financial repression

1980 • 201 citations

The interest elasticity of savings in developing countries: The existing evidence

1983 • 178 citations

Short and Long Run Effects in Pooled Models

1984 • 174 citations

The Nature of the Savings Function in Developing Countries: A Survey of the Theoretical and Empirical Literature

2015 • 167 citations

Surprises in the Consumption Function

1983 • 146 citations

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

1986 • 117 citations

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

1980 • 109 citations

Personal Saving in Developing Nations: An Intertemporal Cross‐Section from Asia*

1968 • 70 citations

Imperfect Capital Markets and the Monetarist Black Box: Liquidity Constraints, Inflation and the Asymmetric Effects of Interest Rate Policy

1982 • 55 citations

Inflation, interest rate policy, and currency substitutions in developing economies: A discussion of some major issues

1982 • 47 citations

Capital Market "Imperfections" and the Consumption Function

1986 • 45 citations

Personal Saving in Developing Nations: Further Evidence

1970 • 43 citations

On Disposable Income

1965 • 1 citations