Are countries with official international restrictions ‘liquidity constrained’?

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

1987 • 15,268 citations

The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988

1991 • 3,336 citations

Habit Formation: A Resolution of the Equity Premium Puzzle

1990 • 2,223 citations

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

1980 • 2,192 citations

Consumption and Liquidity Constraints: An Empirical Investigation

1989 • 1,944 citations

International Real Business Cycles

1992 • 1,735 citations

Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

1997 • 1,594 citations

Intertemporal Substitution in Consumption

1988 • 1,533 citations

Understanding Consumption

1992 • 1,376 citations

Risk-Taking, Global Diversification, and Growth

1994 • 1,094 citations

Studies in Business-Cycle Theory.

1982 • 823 citations

Tastes and technology in a two-country model of the business cycle: Explaining international

1995 • 740 citations

Permanent Income, Current Income, and Consumption

1990 • 622 citations

Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey

1995 • 571 citations

The response of consumption to income

1991 • 546 citations

Perspectives on PPP and Long-Run Real Exchange Rates

1994 • 486 citations

Business Cycles and the Asset Structure of Foreign Trade

1995 • 465 citations

Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence

1989 • 443 citations

How Prudent are Consumers?

1993 • 388 citations

What Can Explain the Apparent Lack of International Consumption Risk Sharing?

1996 • 382 citations

Consumption and Capital Market Imperfections: An International Comparison

1989 • 366 citations

Asset‐pricing Puzzles and Incomplete Markets

1993 • 333 citations

Testing the Autocorrelation Structure of Disturbances in Ordinary Least Squares and Instrumental Variables Regressions

1992 • 240 citations

International risk-sharing and non-traded goods

1993 • 218 citations

Capital Mobility: The impact on consumption, investment and growth

1995 • 207 citations

Are Industrial-Country Consumption Risks Globally Diversified?

1993 • 171 citations

Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model

1992 • 137 citations

The Intertemporal Approach to the Current Account

1994 • 134 citations

Financial Deregulation and Consumption in the United Kingdom

1993 • 127 citations

Capital Mobility: The Impact on Consumption, Investment and Growth

2010 • 97 citations

The importance of investor heterogeneity and financial market imperfections for the behavior of asset prices

1995 • 68 citations

International Lending and Borrowing in a Stochastic, Stationary Equilibrium

1990 • 65 citations

Should the holding period matter for the intertemporal consumption-based CAPM?

1991 • 20 citations

Evaluating the gains from international risksharing

1995 • 5 citations

Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources

1995 • 2 citations

Puzzles in international finance

2020 • 2 citations