Rational Asset Pricing Bubbles

Are Government Bonds Net Wealth?

1974 • 6,026 citations

An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money

1958 • 3,510 citations

Lectures on macroeconomics

1990 • 1,288 citations

On the Possibility of Speculation under Rational Expectations

1982 • 971 citations

The Theory of Linear Economic Models

1962 • 934 citations

Lectures on Macroeconomics.

1990 • 760 citations

Dynamic Macroeconomic Theory

1988 • 759 citations

Monetary policy and price level determinacy in a cash-in-advance economy

1994 • 752 citations

Assessing Dynamic Efficiency: Theory and Evidence

1989 • 654 citations

Rational Asset Pricing Bubbles

1997 • 583 citations

Intrinsic Bubbles: The Case of Stock Prices

1991 • 555 citations

Speculative bubbles, crashes and rational expectations

1979 • 532 citations

Arbitrage and equilibrium in economies with infinitely many commodities

1981 • 513 citations

Pure exchange equilibrium of dynamic economic models

1973 • 501 citations

On the Indeterminacy of Equilibrium Exchange Rates

1981 • 448 citations

Dynamic Macroeconomic Theory.

1988 • 441 citations

Symposium on Bubbles

1990 • 429 citations

The Theory of Rational Bubbles in Stock Prices

1988 • 401 citations

Security Markets: Stochastic Models.

1989 • 298 citations

Asset Prices in a Production Economy

1982 • 281 citations

The Optimum Quantity of Money

1979 • 209 citations

Bubbles and constraints on debt accumulation

1992 • 168 citations

MARTINGALE MEASURES FOR DISCRETE‐TIME PROCESSES WITH INFINITE HORIZON

1994 • 164 citations

Infinite Horizon Incomplete Markets

1994 • 153 citations

Asset Bubbles and Overlapping Generations

1985 • 134 citations

Security Markets: Stochastic Models

1988 • 128 citations

Bubbles and Charges

1992 • 115 citations

Equilibrium in dynamic models with an infinity of agents

1981 • 103 citations

Debt constraints and equilibrium in infinite horizon economies with incomplete markets

1996 • 98 citations

Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games under Uncertainty

2001 • 82 citations

Security Markets, Stochastic Models.

1990 • 76 citations

Competitive Equilibria for Infinite-Horizon Economies with Incomplete Markets

1996 • 72 citations

An Integration of Stochastic Growth Theory and the Theory of Finance, Part I: The Growth Model

1979 • 51 citations

The Econometric Analysis of Non-Uniqueness in Rational Expectations Models

1991 • 43 citations

The Optimum Quantity of Money Revisited

1992 • 39 citations

The Optimum Quantity of Money Revisited

1992 • 32 citations

Debt Constraints and Equilibrium in Infinite Horizon Economies with Incomplete Markets

1992 • 7 citations

Competitive Equilibria for Infinite-Horizon Economies with Incomplete Markets

1994 • 4 citations

Stochastic bubbles in Markov economies

1993 • 2 citations