The Comovement of Stock Prices

Dividend yields and expected stock returns

1988 • 3,736 citations

Stock Returns, Real Activity, Inflation, and Money

1981 • 2,625 citations

Investor Sentiment and the Closed-End Fund Puzzle

1991 • 1,422 citations

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

1981 • 1,402 citations

What moves stock prices?

1989 • 1,131 citations

Market and Industry Factors in Stock Price Behavior

1966 • 866 citations

The Excess Co-Movement of Commodity Prices

1990 • 725 citations

The equity premium and the concentration of aggregate shocks

1986 • 453 citations

Macroeconomics and finance: The role of the stock market

1984 • 345 citations

Joint Estimation of Factor Sensitivities and Risk Premia for the Arbitrage Pricing Theory

1988 • 198 citations

Comovements in Stock Prices and Comovements in Dividends

1989 • 192 citations

Arbitrage Pricing Theory as a Restricted Nonlinear Multivariate Regression Model Iterated Nonlinear Seemingly Unrelated Regression Estimates

1988 • 146 citations

A RE‐EXAMINATION OF MARKET AND INDUSTRY FACTORS IN STOCK PRICE BEHAVIOR

1973 • 143 citations

Generic stocks

1985 • 74 citations

Single vs simultaneous equation models in capital asset pricing: The role of firm-related variables

1980 • 11 citations

Transmission of Volatility Between Stock Markets

1989 • 3 citations