Macroeconomics and Reality

Conditional logit analysis of qualitative choice behavior

1972 • 13,435 citations

Rules Rather than Discretion: The Inconsistency of Optimal Plans

1977 • 7,667 citations

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

1975 • 2,222 citations

Time-series

1973 • 1,392 citations

Pitfalls in Financial Model-Building

1968 • 1,071 citations

Business Cycle Modeling Without Pretending to Have Too Much A Priori Economic Theory

1977 • 699 citations

Econometric Implications of the Rational Expectations Hypothesis

1980 • 436 citations

The Prediction Performance of the FRB-MIT-PENN Model of the U.S. Economy

1972 • 397 citations

A Distributed Lag Estimator Derived from Smoothness Priors

1973 • 303 citations

The Monetarist Controversy or, Should We Forsake Stabilization Policies?

1977 • 253 citations

Inflation: Its Mechanics and Welfare Costs

1975 • 239 citations

Underidentification, Structural Estimation, and Forecasting

1960 • 230 citations

Rational Expectations, Econometric Exogeneity, and Consumption

1978 • 190 citations

The Rigidity of Wages and the Persistence of Unemployment

1975 • 159 citations

On the Structural Form of Interdependent Systems

1966 • 141 citations

The Maximum Likelihood Estimation of Economic Relationships with Autoregressive Residuals

1961 • 123 citations

The Changing Cyclical Responsiveness of Wage Inflation

1976 • 118 citations

Multicollinearity: A Bayesian Interpretation

1973 • 108 citations

The Ex Ante Prediction Performance of the St. Louis and FRB-MIT-PENN Econometric Models and Some Results on Composite Predictors

1975 • 98 citations

Generalized Least Squares with an Estimated Autocovariance Matrix

1973 • 96 citations

On the Global Identification of the Dynamic Simultaneous Equations Model with Stationary Disturbances

1975 • 70 citations

A model of macroeconomic activity

1974 • 64 citations

Can the Inflation of the 1970s be Explained?

2003 • 56 citations

Selected Topics in Economics Involving Mathematical Reasoning

1959 • 53 citations

Applications of principal component analysis and factor analysis in the identification of multivariable systems

1974 • 50 citations

The Brookings Model Volume: A Review Article

1968 • 25 citations