Asset Bubbles and Overlapping Generations

An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money

1958 • 3,510 citations

A Random Walk Down Wall Street

1973 • 1,801 citations

Economic Theory and Exhaustible Resources

1981 • 1,517 citations

The Present-Value Relation: Tests Based on Implied Variance Bounds

1981 • 1,402 citations

Do Sunspots Matter?

1983 • 991 citations

On the Possibility of Speculation under Rational Expectations

1982 • 971 citations

Self-fulfilling prophecies

1981 • 797 citations

On Endogenous Competitive Business Cycles

1986 • 702 citations

The Determinants of the Variability of Stock Market Prices

1981 • 624 citations

EQUILIBRIUM IN A PURE CURRENCY ECONOMY

1980 • 580 citations

Market Fundamentals versus Price-Level Bubbles: The First Tests

1980 • 539 citations

Speculative bubbles, crashes and rational expectations

1979 • 532 citations

Pure exchange equilibrium of dynamic economic models

1973 • 501 citations

Bubbles, Rational Expectations and Financial Markets

1982 • 384 citations

The overlapping-generations model, I: The case of pure exchange without money

1980 • 302 citations

Sunspots and Cycles

1986 • 295 citations

A simple perfect foresight monetary model

1975 • 273 citations

On capital overaccumulation in the aggregative, neoclassical model of economic growth: A complete characterization

1972 • 265 citations

Money and inflation

1982 • 257 citations

The Overlapping-Generations Model of Fiat Money

1978 • 254 citations

Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?

1983 • 215 citations

Comparative Statics and Perfect Foresight in Infinite Horizon Economies

1985 • 192 citations

On the indeterminacy of interest rates and wages with perfect foresight

1978 • 103 citations

NATIONAL DEPT IN A NEOCLASSICAL GROWTH MODEL

1965 • 101 citations

The role of money in supporting the pareto optimality of competitive equilibrium in consumption-loan type models

1979 • 93 citations

An Infinite Horizon Model with Money

1979 • 60 citations

THE PRICE OF MONEY IN A PURE EXCHANGE MONETARY ECONOMY WITH TAXATION

1989 • 45 citations

Some Remarks on Monetary Policy in an Overlapping Generations Model

1979 • 39 citations

Intertemporal separability in overlapping-generations models

1984 • 24 citations

Deleted Work

1955 • 0 citations