International Stock Price Movements: Links and Messages

Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root

1981 • 14,059 citations

Economic Forces and the Stock Market

1986 • 5,321 citations

Agency Costs, Net Worth, and Business Fluctuations.

1989 • 4,683 citations

What moves stock prices?

1989 • 1,131 citations

Stock Volatility and the Crash of ’87

1990 • 1,003 citations

Are Output Fluctuations Transitory?

1987 • 771 citations

Was It Real? The Exchange Rate‐Interest Differential Relation over the Modern Floating‐Rate Period

1988 • 750 citations

Stock Market Structure and Volatility

1990 • 580 citations

OPEN-ECONOMY MACROECONOMICS

1996 • 549 citations

Heteroskedasticity in Stock Returns

1990 • 485 citations

Is the Real Interest Rate Stable?

1988 • 449 citations

Macroeconomics and finance: The role of the stock market

1984 • 345 citations

Anomalies: A Mean-Reverting Walk Down Wall Street

1989 • 262 citations

Systematic Elements in the Linkage of National Stock Market Indices

1973 • 221 citations

Economic news, exchange rates and interest rates

1988 • 216 citations

Fiscal Policies in the World Economy

1986 • 197 citations

Comovements in Stock Prices and Comovements in Dividends

1989 • 192 citations

The Japanese financial system

1988 • 162 citations

Why a weekend effect

1988 • 134 citations

An Introduction to Risk and Return from Common Stocks.

1970 • 98 citations

Are National Stock Markets Linked?

1988 • 79 citations

After‐Hours Stock Prices and Post‐Crash Hangovers

1991 • 73 citations

Money, Credit, and Business Fluctuations*

1988 • 64 citations

Macroeconomic policy design in an interdependent world

1993 • 57 citations

World country and industry relationships in equity returns

1975 • 55 citations

A Possible Explanation of the Weekend Effect

1988 • 52 citations

A COMPREHENSIVE EXAMINATION OF VOLUME EFFECTS AND SEASONALITY IN DAILY SECURITY RETURNS

1988 • 51 citations

The “weekend effect” for stock indexes and stock index futures: Dividend and interest rate effects

1988 • 44 citations

The Federal Republic of Germany: Adjustment in a Surplus Country

1989 • 41 citations

Theories of aggregate stock price movements

1984 • 23 citations

Tests of the relation between money and output in the real business cycle model

1988 • 23 citations

Causes of changing financial market volatility

1988 • 19 citations

MEAN REVERSION IN STOCK PRICES? A REAPPRAISAL OF EMPIRICAL EVIDENCE

1988 • 9 citations

Domestic versus International Capital Mobility: Some Empirical Evidence

1988 • 8 citations

Global Stock Market Reforms

1987 • 2 citations