Bubbles, Fads and Stock Price Volatility Tests: A Partial Evaluation

Co-Integration and Error Correction: Representation, Estimation, and Testing

1987 • 30,456 citations

The General Theory of Employment, Interest and Money.

1936 • 14,151 citations

Does the Stock Market Overreact?

1985 • 7,120 citations

The General Theory of Employment, Interest and Money, by John Maynard Keynes

1936 • 6,848 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

Dividend yields and expected stock returns

1988 • 3,736 citations

Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test

1988 • 3,715 citations

The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors

1988 • 3,689 citations

Permanent and Temporary Components of Stock Prices

1988 • 3,149 citations

Further Evidence On Investor Overreaction and Stock Market Seasonality

1987 • 2,330 citations

Cointegration and Tests of Present Value Models

1987 • 2,166 citations

The Present-Value Relation: Tests Based on Implied Variance Bounds

1981 • 1,402 citations

Stock Prices and Social Dynamics

1984 • 1,274 citations

Does the Stock Market Rationally Reflect Fundamental Values?

1986 • 1,071 citations

On the Possibility of Speculation under Rational Expectations

1982 • 971 citations

The General Theory of Employment, Interest, and Money [1936]

1964 • 872 citations

Asset Bubbles and Overlapping Generations

1985 • 834 citations

Variance Bounds Tests and Stock Price Valuation Models

1986 • 497 citations

A Specification Test for Speculative Bubbles

1987 • 475 citations

Dividend variability and variance bounds tests for the rationality of stock market prices

1983 • 456 citations

Bubbles, Rational Expectations and Financial Markets

1982 • 384 citations

Dividend Innovations and Stock Price Volatility

1988 • 363 citations

The Use of Volatility Measures in Assessing Market Efficiency*

1981 • 347 citations

Dividend Behavior for the Aggregate Stock Market

1987 • 316 citations

Excess Volatility in the Financial Markets: A Reassessment of the Empirical Evidence

1983 • 296 citations

An Unbiased Reexamination of Stock Market Volatility

1985 • 202 citations

On the Inception of Rational Bubbles

1987 • 180 citations

Fads, Martingales, and Market Efficiency

1988 • 139 citations

On the current state of the stock market rationality hypothesis

1985 • 136 citations

Ruling out divergent speculative bubbles

1986 • 129 citations

Expectations Models of the Term Structure and Implied Variance Bounds

1980 • 127 citations

Anomalies in Financial Economics: Blueprint for Change?

1986 • 107 citations

Asset Price Volatility, Bubbles, and Process Switching

1986 • 103 citations

Bias in Small Sample Tests of Stock Price Rationality

1986 • 73 citations

The Economic Consequences of Noise Traders

1987 • 70 citations

Empirical assessment of present value relations

1986 • 50 citations

Commodities and Capital: Prices and Quantities

1983 • 40 citations

The Probability of Gross Violations of a Present Value Variance Inequality

1988 • 29 citations

The Effect of Inflation on Stock Prices: International Evidennce: Discussion

1981 • 23 citations

Comments on Miller and on Kleidon

1986 • 15 citations

Equilibrium Term Structure Models: Test Methodology*

1980 • 14 citations

SMART MONEY, NOISE TRADING AND STOCK PRICE BEHAVIOR

1988 • 9 citations

Assessing Dynamic Efficiency: Theory and Evidence

1986 • 8 citations

Stock price volatility: an inequality test based on the geometric random walk

1988 • 4 citations

Apparent Bubbles and Misspecified Fundamentals

1987 • 2 citations

DISCUSSION

1981 • 2 citations

Comment

1986 • 1 citations