Consumption and real exchange rates in dynamic economies with non-traded goods

The Purchasing-Power Parity Doctrine: A Reappraisal

1964 • 3,240 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

Nominal exchange rate regimes and the behavior of real exchange rates: Evidence and implications

1986 • 884 citations

How Far Can We Push The "Law of One Price"?

1976 • 606 citations

WELFARE ECONOMICS AND EXISTENCE OF AN EQUILIBRIUM FOR A COMPETITIVE ECONOMY

1960 • 577 citations

Abnormal Deviations in International Exchanges

1918 • 523 citations

The collapse of purchasing power parities during the 1970's

1981 • 456 citations

An empirical investigation of the long-run behavior of real exchange rates

1987 • 422 citations

Real-Financial Linkages Among Open Economies

1987 • 421 citations

Exchange rates and international macroeconomics

1984 • 403 citations

International Interest-Rate and Price-Level Linkages Under Flexible Exchange Rates: A Review of Recent Evidence

1982 • 379 citations

Are Real Interest Rates Equal Across Countries? An Empirical Investigation of International Parity Conditions

1984 • 326 citations

Some empirical evidence on commodity arbitrage and the law of one price

1978 • 314 citations

The Theory of Trade in Middle Products

2017 • 308 citations

Price behavior in the light of balance of payments theories

1978 • 225 citations

Real Interest Rates, Home Goods, and Optimal External Borrowing

1983 • 223 citations

International risk-sharing and non-traded goods

1993 • 218 citations

The international linkage of real interest rates: The European-US connection

1986 • 184 citations

International portfolio nondiversification and exchange rate variability

1989 • 176 citations

Determinants of the equilibrium real exchange rate

1988 • 149 citations

Some evidence on the international inequality of real interest rates

1985 • 146 citations

Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model

1992 • 137 citations

Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later

1985 • 133 citations

An Equilibrium Model of Exchange Rate Determination and Asset Pricing with Nontraded Goods and Imperfect Information

1987 • 129 citations

Money in a theory of finance

1984 • 120 citations

Are Real Interest Rates Equal Across Countries? An Empirical Investigation of International Parity Conditions

1984 • 111 citations

Spot and Futures Prices and the Law of One Price

1983 • 87 citations

Export Prices and the Transmission of I nflation

2016 • 86 citations

Determinants of the equilibrium real exchange rate

1987 • 81 citations

Recent Issues in the Theory of Flexible Exchange Rates

1984 • 69 citations

Home asset preference and productivity shocks

1988 • 62 citations

Saving and Investment in an Open Economy with Non-Traded Goods

1989 • 55 citations

A Survey of International Trade Theory.

1962 • 41 citations

2. An Accounting Framework and Some Issues for Modeling How Exchange Rates Respond to the News

1982 • 38 citations

The Integration of International Capital Markets

1995 • 38 citations

The Welfare Adjustment Process: Its Stability Properties

1971 • 34 citations

The Law of One Price in international commodity markets: A reformulation and some formal tests

1986 • 34 citations

International Differences in Response to Common External Shocks : The Role of Purchasing Power Parity

1982 • 26 citations

Non-Traded Goods and the International Transmission of Fiscal Policy

1988 • 19 citations

Spot and Futures Prices and the Law of One Price

1983 • 16 citations

Foreign Economic Policy for the United States

1949 • 12 citations