Currency prices, terms of trade, and interest rates: A general equilibrium asset-pricing cash-in-advance approach

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Optimal fiscal and monetary policy in an economy without capital

1983 • 1,916 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 1,374 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

A RECONSIDERATION OF THE MICROFOUNDATIONS OF MONETARY THEORY

1967 • 818 citations

EQUILIBRIUM IN A PURE CURRENCY ECONOMY

1980 • 580 citations

The Terms of Trade and the Current Account: The Harberger-Laursen-Metzler Effect

1983 • 550 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 425 citations

Money and Asset Prices in a Cash-in-Advance Economy

1985 • 420 citations

A Theory of Exchange Rate Determination

1980 • 410 citations

A Transactions-Based Model of the Monetary Transmission Mechanism

1982 • 281 citations

An Exploration in the Theory of Exchange-Rate Regimes

1981 • 280 citations

Exchange-Rate Dynamics

1983 • 266 citations

The Overlapping-Generations Model of Fiat Money

1978 • 254 citations

A Monetary Equilibrium Model with Transactions Costs

1984 • 244 citations

Money, Bonds, and Foreign Exchange

2016 • 133 citations

Inflation and Welfare in the Steady State

1982 • 127 citations

Money in a theory of finance

1984 • 120 citations

Money, bonds and foreign exchange

1979 • 99 citations

International asset pricing with time-varying risk premia

1981 • 92 citations

Currency Preferences, Purchasing Power Risks, and the Determination of Exchange Rates in an Optimizing Model

1984 • 75 citations

A Comparison of Exchange Rate Regimes in the Presence of Imperfect Capital Markets

1982 • 74 citations

International Investment and Interest Rate Linkages under Flexible Exchange Rates

1977 • 64 citations

Explanations of exchange-rate volatility and other empirical regularities in some popular models of the foreign exchange market

1981 • 63 citations

An Infinite Horizon Model with Money

1979 • 60 citations

The role of saving and investment in exchange rate determination under alternative monetary mechanisms

1984 • 59 citations

Flexibility and the demand for money

1974 • 52 citations

The political economy of monetary reform

1978 • 47 citations

General Equilibrium, Growth, and Trade. Essays in Honor of Lionel McKenzie

1981 • 40 citations

IN DEFENSE OF THE FINANCE CONSTRAINT

1981 • 37 citations

Studies of alternative exchagne rate systems : an intertemporal general equilibrium approach

1982 • 36 citations

On some parity conditions encountered frequently in international economics

1979 • 33 citations

Inflation, Interest Rates, and Welfare

1985 • 16 citations

The Effect of Risk on Interest Rates: A Synthesis of the Macroeconomic and Financial Views

1981 • 10 citations