Baby Boom, Population Aging, and Capital Markets

Large Sample Properties of Generalized Method of Moments Estimators

1982 • 13,306 citations

The equity premium: A puzzle

1985 • 5,686 citations

Efficient Capital Markets: II

1991 • 5,145 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Business conditions and expected returns on stocks and bonds

1989 • 4,137 citations

Dividend yields and expected stock returns

1988 • 3,736 citations

Permanent and Temporary Components of Stock Prices

1988 • 3,149 citations

On estimating the expected return on the market

1980 • 2,932 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Stock Prices, Earnings, and Expected Dividends

1988 • 2,383 citations

Habit Formation: A Resolution of the Equity Premium Puzzle

1990 • 2,223 citations

An Intertemporal General Equilibrium Model of Asset Prices

1985 • 2,096 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Predicting returns in the stock and bond markets

1986 • 1,825 citations

A Variance Decomposition for Stock Returns

1991 • 1,817 citations

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis

1991 • 1,765 citations

The Variation of Economic Risk Premiums

1991 • 1,745 citations

Stock Returns, Expected Returns, and Real Activity

1990 • 1,453 citations

Dividend Yields and Expected Stock Returns: Alternative Procedures for Inference and Measurement

1992 • 1,304 citations

Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data

2013 • 1,219 citations

The World Price of Covariance Risk

1991 • 1,115 citations

The baby boom, the baby bust, and the housing market

1989 • 916 citations

Financial Investment Opportunities and the Macroeconomy

1991 • 875 citations

Stock Returns and Real Activity: A Century of Evidence

1990 • 712 citations

On Endogenous Competitive Business Cycles

1986 • 702 citations

Testing the Predictive Power of Dividend Yields

1993 • 404 citations

Statistical Properties of Generalized Method-of-Moments Estimators of Structural Parameters Obtained From Financial Market Data

1986 • 313 citations

Risk Aversion Revisited

1983 • 274 citations

Seasonality and Consumption‐Based Asset Pricing

1992 • 156 citations

AN EVOLUTIONARY MODEL OF TASTE FOR RISK

1979 • 144 citations

Aging and behavior: A comprehensive integration of research findings

1978 • 140 citations

Time nonseparability in aggregate consumption

1993 • 91 citations

Economics of Aging: A Survey

1978 • 86 citations

Aging and Labor Force Participation: A Review of Trends and Explanations

1990 • 58 citations

The Share of Top Wealth-Holders in National Wealth, 1922-1956

1965 • 44 citations

Intertemporal General Equilibrium Models

1989 • 42 citations

Age Clienteles Induced by Liquidity Constraints

1990 • 30 citations

The Crisis in social security : problems and prospects

1977 • 18 citations

Asset pricing with heterogeneous consumers

1992 • 11 citations

Institutional Investors and Corporate Stock.

1974 • 7 citations

An Explanation of the Behavior of Personal Savings in the United States in Recent Years

1989 • 7 citations

Changing tastes and asset pricing in multiperiod economies

1990 • 3 citations