Financial Investment Opportunities and the Macroeconomy
Data up to Jan 2025
Total Citations Per Year
Abstract
References (39)
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
1964 • 15,720 citations
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
1987 • 15,268 citations
THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…
1975 • 7,346 citations
The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets
1965 • 7,112 citations
The arbitrage theory of capital asset pricing
1976 • 7,056 citations
An Intertemporal Capital Asset Pricing Model
1973 • 6,653 citations
Economic Forces and the Stock Market
1986 • 5,321 citations
Asset Prices in an Exchange Economy
1978 • 5,134 citations
Expected stock returns and volatility
1987 • 4,291 citations
Business conditions and expected returns on stocks and bonds
1989 • 4,137 citations
Dividend yields and expected stock returns
1988 • 3,736 citations
Permanent and Temporary Components of Stock Prices
1988 • 3,149 citations
An intertemporal asset pricing model with stochastic consumption and investment opportunities
1979 • 2,786 citations
Asset returns and inflation
1977 • 2,770 citations
Stock Returns, Real Activity, Inflation, and Money
1981 • 2,625 citations
Stock returns and the term structure
1987 • 2,322 citations
Econometric Issues in the Analysis of Regressions with Generated Regressors
1984 • 2,277 citations
Habit Formation: A Resolution of the Equity Premium Puzzle
1990 • 2,223 citations
An Intertemporal General Equilibrium Model of Asset Prices
1985 • 2,096 citations
Predicting returns in the stock and bond markets
1986 • 1,825 citations
The Valuation of Uncertain Income Streams and the Pricing of Options
1976 • 1,727 citations
The Term Structure as a Predictor of Real Economic Activity
1991 • 1,655 citations
The Information in Long-Maturity Forward Rates
1987 • 1,646 citations
Stock Returns, Expected Returns, and Real Activity
1990 • 1,453 citations
Estimation and Inference in Two-Step Econometric Models
2002 • 1,315 citations
The Economics of Information and Uncertainty
1982 • 874 citations
Intertemporally Dependent Preferences and the Volatility of Consumption and Wealth
1989 • 553 citations
An exploratory investigation of the firm size effect
1985 • 531 citations
Term-structure forecasts of interest rates, inflation and real returns
1990 • 464 citations
Multiperiod Consumption-Investment Decisions
1970 • 449 citations
Estimation and Inference in Two-Step Econometric Models
1985 • 448 citations
Dividend yields are equity risk premiums
1984 • 388 citations
Asset Prices in a Production Economy
1982 • 281 citations
Why Don't the Prices of Stocks and Bonds Move Together?
1989 • 244 citations
Money, Real Interest Rates, and Output: A Reinterpretation of Postwar U.S. Data
1985 • 236 citations
Consumption, production, inflation and interest rates
1986 • 161 citations
Stock prices under time-varying dividend risk
1988 • 150 citations
Optimal Consumption‐Portfolio Policies With Habit Formation1
1992 • 84 citations
Inflation, Tax Rules and the Accumulation of Residential and Nonresidential Capital
1982 • 30 citations