Risk premia and term premia in general equilibrium

The equity premium: A puzzle

1985 • 5,686 citations

By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior

1999 • 5,300 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Asset pricing in production economies

1998 • 1,125 citations

Keeping up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices

1994 • 656 citations

Mean Reversion in Equilibrium Asset Prices

1990 • 455 citations

Stocks, bonds, bills, and inflation yearbook

1993 • 385 citations

Expectations and Volatility of Consumption and Asset Returns

1990 • 335 citations

Can Habit Formation Be Reconciled with Business Cycle Facts?

2000 • 284 citations

Risk premiums in the term structure

1989 • 251 citations

On the ‘discount’ factor in growth economies

1990 • 151 citations

The Debt-Equity Choice

1988 • 131 citations

Approximate Equilibrium Asset Prices*

2010 • 74 citations

Leverage, time preference and the ‘equity premium puzzle’

1990 • 68 citations

Risk Premiums in the Term Structure: Evidence from Artificial Economies

1989 • 64 citations

Asset Pricing Lessons for Modeling Business Cycles

1995 • 52 citations