Duration Forty Years Later

An equilibrium characterization of the term structure

1977 • 6,242 citations

Value and Capital

1939 • 3,079 citations

Stochastic Stability and Control

1967 • 1,516 citations

Mean-Risk Analysis with Risk Associated with Below-Target Returns

1975 • 1,236 citations

From ‘Some Theoretical Problems Suggested by the Movements of Interest Rates, Bond Yield, and Stock Prices in the United States Since 1856’

2017 • 551 citations

Review of the Principles of Life-office Valuations

1952 • 375 citations

Coping with the Risk of Interest-Rate Fluctuations: Returns to Bondholders From Naïve and Optimal Strategies*

2017 • 290 citations

Business Cycles and Economic Growth.

1959 • 244 citations

Forward rates as predictors of future spot rates

1976 • 237 citations

Duration and the Measurement of Basis Risk

1979 • 236 citations

Immunization, Duration, and the Term Structure of Interest Rates

1977 • 171 citations

DURATION AND RISK ASSESSMENT FOR BONDS AND COMMON STOCKS

1975 • 99 citations

Bond Immunization When Short-Term Interest Rates Fluctuate More than Long-Term Rates

1979 • 84 citations

Coping with the Risk of Interest-Rate Fluctuations: A Note

2017 • 70 citations

Macaulay's Duration: An Appreciation

1973 • 68 citations

On "Duration" and the Optimal Maturity Structure of the Balance Sheet

1974 • 65 citations

An Algorithm for Finding Exact Rates of Return

1966 • 53 citations

THE ELASTICITY OF FINANCIAL ASSETS

1974 • 45 citations

MEASURES OF DURATION

1978 • 27 citations

Dynamic portfolio immunization policies

1979 • 23 citations

CORRECTING THE YIELD CURVE: A RE‐INTERPRETATION OF THE DURATION PROBLEM

1974 • 21 citations

Bond Portfolio Strategy Simulations: A Critique

1978 • 15 citations

A “DURATION” FALLACY

1977 • 10 citations