Intertemporal Substitution, Risk Aversion and the Euler Equation for Consumption

An Intertemporal Capital Asset Pricing Model

1973 • 6,653 citations

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

The equity premium: A puzzle

1985 • 5,686 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

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

1989 • 4,242 citations

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

1978 • 3,343 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Cointegration and Tests of Present Value Models

1987 • 2,166 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Temporal Resolution of Uncertainty and Dynamic Choice Theory

1978 • 1,849 citations

Testing asset pricing models with changing expectations and an unobservable market portfolio

1985 • 321 citations

Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory?

1986 • 270 citations

A New Representation of Preferences over "Certain x Uncertain" Consumption Pairs: The "Ordinal Certainty Equivalent" Hypothesis

1978 • 225 citations

Surprises in the Consumption Function

1983 • 146 citations

The Estimation of "Surprise" Models and the "Surprise" Consumption Function

1986 • 117 citations

The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans

1985 • 109 citations

Stochastic Life Cycle Theory With Varying Interest Rates and Prices

1984 • 73 citations

Do Long-Term Interest Rates Overreact to Short-Term Interest Rates?

1984 • 36 citations

Real Interest and Consumption

1985 • 31 citations

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

1987 • 16 citations