Asset returns with transactions costs and uninsured individual risk

The equity premium: A puzzle

1985 • 5,686 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Entry and Exit Decisions under Uncertainty

1989 • 2,383 citations

The equity premium puzzle and the risk-free rate puzzle

1989 • 1,394 citations

The equity risk premium a solution

1988 • 1,322 citations

Capital Market Equilibrium with Transaction Costs

1986 • 1,172 citations

The Equity Premium Puzzle and the Riskfree Rate Puzzle

1989 • 1,038 citations

NBER macroeconomics annual 1987

1989 • 969 citations

Cost of Business Cycles with Indivisibilities and Liquidity Constraints

1989 • 501 citations

The equity premium and the concentration of aggregate shocks

1986 • 453 citations

Kinked Adjustment Costs and Aggregate Dynamics

1990 • 229 citations

Habit formation: a resolution of the equity premium puzzle?

2002 • 167 citations

The welfare cost of inflation under imperfect insurance

1992 • 162 citations

MEASURING WEALTH WITH SURVEY DATA: AN EVALUATION OF THE 1983 SURVEY OF CONSUMER FINANCES

1988 • 108 citations

Intertemporal Labor Supply and Long-term Employment Contracts

1987 • 82 citations

Stochastic inflation and the equity premium

1989 • 78 citations

International Lending and Borrowing in a Stochastic, Stationary Equilibrium

1990 • 65 citations

Moral hazard, imperfect risk-sharing, and the behavior of asset returns

1990 • 31 citations

The equity premium and time-varying risk behavior

1988 • 23 citations

The Equity Premium and the Risk Free Rate: Matching the Moments

1991 • 22 citations

Habit formation: a resolution of the equity premium puzzle

1990 • 20 citations

A clarification: Using the growth model to account for fluctuations

1984 • 13 citations

The Consumption of Stockholders and Non-Stockholders

1990 • 13 citations

Substitution, Risk Aversion and the Temporal Behaviour of Consumption and Asset Returns II: An Empirical Analysis

1987 • 8 citations