A Numerical Algorithm for Solving Models With Incomplete Markets

On the mechanics of economic development

1988 • 22,571 citations

The American Economic Review

2012 • 14,436 citations

Time to Build and Aggregate Fluctuations

1982 • 5,852 citations

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

1989 • 4,242 citations

Long-Run Policy Analysis and Long-Run Growth

1991 • 3,261 citations

Habit Formation: A Resolution of the Equity Premium Puzzle

1990 • 2,223 citations

Indivisible labor and the business cycle

1985 • 2,082 citations

Optimal fiscal and monetary policy in an economy without capital

1983 • 1,916 citations

Temporal Resolution of Uncertainty and Dynamic Choice Theory

1978 • 1,849 citations

Models of business cycles

1987 • 1,593 citations

SUPPLY-SIDE ECONOMICS: AN ANALYTICAL REVIEW

1990 • 1,172 citations

Nonexpected Utility in Macroeconomics

1990 • 1,019 citations

Dynamic Macroeconomic Theory

1988 • 759 citations

Optimal Taxation in Models of Endogenous Growth

1993 • 730 citations

A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty

1988 • 621 citations

Intertemporally Dependent Preferences and the Volatility of Consumption and Wealth

1989 • 553 citations

Models of business cycles

1988 • 527 citations

Cost of Business Cycles with Indivisibilities and Liquidity Constraints

1989 • 501 citations

Dynamic Macroeconomic Theory.

1988 • 441 citations

A life cycle analysis of social security

1995 • 434 citations

The Role of Unemployment Insurance in an Economy with Liquidity Constraints and Moral Hazard

1992 • 429 citations

Modeling the term structure of interest rates under non-separable utility and durability of goods

1986 • 315 citations

Borrowing Constraints and Aggregate Economic Activity

1986 • 290 citations

Solving the Stochastic Growth Model by Parameterizing Expectations

1990 • 290 citations

Banking in computable general equilibrium economies

1992 • 179 citations

Solving the Stochastic Growth Model by Policy-Function Iteration

1990 • 171 citations

THE CYCLICAL AND SECULAR BEHAVIOUR OF THE LABOUR INPUT: COMPARING EFFICIENCY UNITS AND HOURS WORKED

1993 • 163 citations

Disentangling the Coefficient of Relative Risk Aversion from the Elasticity of Intertemporal Substitution: An Irrelevance Result

1990 • 146 citations

Dynamic Choice Theory and Dynamic Programming

1979 • 117 citations

Habit Persistence and Durability in Aggregate Consumption: Empirical Tests

1991 • 83 citations

Disentangling the Coefficient of Relative Risk Aversion from the Elasticity of Intertemporal Substitution: An Irrelevance Result

1990 • 53 citations

LIFE-TABLES FOR THE UNITED STATES.

1922 • 41 citations

National Debt in a Neoclassical Growth Model: Comment

1969 • 31 citations

Banking in Computable General Equilibrium Economies

1992 • 14 citations

Banking in Computable General Equilibrium Economies: Technical Appendices I and II

1992 • 5 citations