The random walk hypothesis of consumption and time aggregation

Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation

1982 • 19,770 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

A test for normality of observations and regression residuals

1987 • 1,964 citations

Intertemporal Substitution in Consumption

1988 • 1,533 citations

The Adjustment of Consumption to Changing Expectations About Future Income

1981 • 1,326 citations

Note on the Correlation of First Differences of Averages in a Random Chain

1960 • 408 citations

The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables

1982 • 394 citations

Consumption and Capital Market Imperfections: An International Comparison

1989 • 366 citations

Nearly Efficient Estimation of Time Series Models with Predetermined, but not Exogenous, Instruments

1983 • 214 citations

Discrete Approximations to Continuous Time Distributed Lags in Econometrics

1971 • 181 citations

Some consequences of temporal aggregation and systematic sampling for ARMA and ARMAX models

1973 • 169 citations

The Effect of Aggregation on Prediction in the Autoregressive Model

1972 • 167 citations

Modern business cycle theory

1989 • 166 citations

Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?

1985 • 159 citations

Integrated regressors and tests of the permanent-income hypothesis

1988 • 96 citations

Estimating the Continuous-Time Consumption-Based Asset-Pricing Model

1987 • 88 citations

A Reappraisal of Recent Tests of the Permanent Income Hypothesis

1987 • 50 citations

The Effect of Aggregation on Prediction in the Autoregressive Model

1972 • 28 citations

The Permanent Income Hypothesis Revisited

1990 • 20 citations