Risk-sharing, adjustment, and trade

The Value of Waiting to Invest

1986 • 3,523 citations

Recursive Methods in Economic Dynamics

1989 • 3,199 citations

Entry and Exit Decisions under Uncertainty

1989 • 2,383 citations

Saving and Liquidity Constraints

1991 • 1,535 citations

Firing Costs and Labour Demand: How Bad is Eurosclerosis?

1990 • 1,441 citations

Irreversible Investment, Capacity Choice, and the Value of the Firm

1988 • 1,381 citations

Investment and Hysteresis

1992 • 1,020 citations

Pareto Inferior Trade

1984 • 396 citations

Evaluating risky consumption paths: The role of intertemporal substitutability

1994 • 227 citations

Some results on “an income fluctuation problem”

1977 • 191 citations

On the Cost of Adjustment

1971 • 163 citations

An income fluctuation problem

1976 • 138 citations

Tariffs as Insurance: Optimal Commercial Policy When Domestic Markets Are Incomplete

1985 • 121 citations

Uncertainty and diversification in international trade

1970 • 113 citations

Pareto Optimality and Competition

1981 • 104 citations

Trade and insurance with moral hazard

1987 • 102 citations

Trade and Insurance with Adverse Selection

1989 • 82 citations

The effects of incomplete insurance markets and trading costs in a consumption-based asset pricing model

1992 • 81 citations

A law of large numbers in the theory of consumer's choice under uncertainty

1976 • 76 citations

Structural adjustment to a terms of trade disturbance

1990 • 75 citations

Intersectoral capital reallocation under price uncertainty

1989 • 65 citations

Trade and Insurance With Imperfectly Observed Outcomes

1989 • 55 citations

Theory, Policy and Dynamics in International Trade

1993 • 52 citations

Social Insurance and Transition

1996 • 50 citations

Prices of goods and factors in a dynamic stochastic economy

1993 • 8 citations

Optimal social insurance, incentives, and transition

1995 • 2 citations

China trade prospects and U.S. policy

1973 • 1 citations