A Stochastic Equilibrium Model of an Open Economy Under Flexible Exchange Rates*

Expectations and the neutrality of money

1972 • 4,734 citations

Domestic Financial Policies Under Fixed and Under Floating Exchange Rates

1962 • 1,464 citations

Rational expectations and the role of monetary policy

1976 • 999 citations

Optimal Properties of Exponentially Weighted Forecasts

1960 • 888 citations

The Exchange Rate, The Balance Of Payments and Monetary and Fiscal Policy Under A Regime of Controlled Floating

1977 • 491 citations

Exchange rate expectations and monetary policy

1976 • 164 citations

The Demand for International Reserves by Developed and Less-Developed Countries

1974 • 112 citations

Some doubts about the efficacy of monetary policy under flexible exchange rates

1975 • 89 citations

The Forward Exchange Market and the Effects of Domestic and External Disturbances under Alternative Exchange Rate Systems

1972 • 64 citations

International money markets and flexible exchange rates

1973 • 57 citations