Do asset-demand functions optimize over the mean and variance of real returns? A six-currency test

An Intertemporal Capital Asset Pricing Model

1973 • 6,653 citations

A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory

1977 • 3,099 citations

Estimation and Inference in Nonlinear Structural Models

1974 • 1,759 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 1,374 citations

An equilibrium model of the international capital market

1974 • 1,180 citations

Estimation and Inference in Nonlinear Structural Models

1974 • 1,128 citations

A model of international asset pricing

1981 • 846 citations

Multiperiod Consumption-Investment Decisions

1970 • 449 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 425 citations

Exchange Rate Economics: Where Do We Stand?

1980 • 403 citations

Sharing rules and equilibrium in an international capital market under uncertainty

1976 • 401 citations

In search of the exchange risk premium: A six-currency test assuming mean-variance optimization

1982 • 313 citations

Risk Averse Speculation in the Forward Foreign Exchange Market: An Econometric Analysis of Linear Models

1983 • 294 citations

Exchange Rates and International Macroeconomics

1983 • 284 citations

The Efficiency of the Market for Foreign Exchange Under Floating Exchange Rates

1978 • 153 citations

Discount House Portfolio and Debt Selection

1970 • 148 citations

Money, Bonds, and Foreign Exchange

2016 • 133 citations

The diversifiability of exchange risk

1979 • 123 citations

Exchange Rate Economics: Where Do We Stand?

1982 • 106 citations

Exchange Rates and the International Adjustment Process

1978 • 103 citations

Money, bonds and foreign exchange

1979 • 99 citations

A Test of Perfect Substitutability in the Foreign Exchange Market

1982 • 93 citations

International asset pricing with time-varying risk premia

1981 • 92 citations

Stochastic prices and tests of efficiency of foreign exchange markets

1980 • 83 citations

A pure foreign exchange asset pricing model

1977 • 79 citations

The Portfolio-Balance Model of Exchange Rates and Some Structural Estimates of the Risk Premium (Modele d'equilibre de portefeuilles applique aux taux de change et certaines estimations (structurelles) de la prime de risque) (El modelo de equilibrio de cartera para los tipos de cambio y algunas estimaciones estructurales de la prima de riesgo)

1983 • 78 citations

Exchange Rates and the International Adjustment Process

1978 • 69 citations

Testing for the absence of expected real profits from forward market speculation

1984 • 67 citations

International Investment and Interest Rate Linkages under Flexible Exchange Rates

1977 • 64 citations

The political economy of monetary reform

1978 • 47 citations

Exchange risk and the macroeconomics of exchange rate determination

1980 • 47 citations

The Internationalization of financial markets and national economic policy

1983 • 46 citations

International Portfolio Choice and Corporation Finance: A Survey

1982 • 41 citations

Consumption Preferences, Asset Demands, and Distribution Effects in International Financial Markets

1981 • 40 citations

Estimation of portfolio-balance functions that are mean-variance optimizing

1983 • 31 citations

Portfolio Choice and the Demnand for Forward Exchange

2016 • 16 citations

International Portfolio Diversification: Short-Term Financial Assets and Gold

1982 • 16 citations

Inflation and Foreign Exchange Rates Under Production and Monetary Uncertainty

1980 • 6 citations

Incentives for International Currency Diversification by U. S. Financial Investors (Peut-on inciter les investisseurs financiers des Etats-Unis a diversifier la composition de leurs placements en devises?) (Incentivos a la diversificacion monetaria internacional por parte de los inversionistas financieros privados de Estados Unidos)

1981 • 6 citations