Unit roots in real GNP: Do we know, and do we care?

A new look at the statistical model identification

1974 • 46,507 citations

Estimating the Dimension of a Model

1978 • 43,634 citations

Spectral Analysis and Time Series

1983 • 5,140 citations

Trends and random walks in macroeconmic time series

1982 • 4,673 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

Trends and random walks in macroeconomic time series

1988 • 2,527 citations

A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’

1981 • 2,374 citations

Real Business Cycles

1983 • 1,955 citations

Forecasting Economic Time Series

2000 • 1,898 citations

Theory ahead of business-cycle measurement

1986 • 1,592 citations

How Big Is the Random Walk in GNP?

1988 • 1,326 citations

The Adjustment of Consumption to Changing Expectations About Future Income

1981 • 1,326 citations

Univariate detrending methods with stochastic trends

1986 • 873 citations

Are Output Fluctuations Transitory?

1987 • 771 citations

The Cyclical Component of U. S. Economic Activity

1987 • 744 citations

Forecasting Economic Time Series

1977 • 711 citations

Effects of model specification on tests for unit roots in macroeconomic data

1987 • 670 citations

The Dynamic Effects of Aggregate Demand and Supply Disturbances

1988 • 659 citations

Tests for Unit Roots: A Monte Carlo Investigation

1989 • 640 citations

Permanent Income, Current Income, and Consumption

1990 • 622 citations

The Encompassing Principle and its Application to Testing Non-Nested Hypotheses

1986 • 619 citations

Why is Consumption So Smooth?

1989 • 592 citations

Production, growth and business cycles

1988 • 570 citations

Bayesian skepticism on unit root econometrics

1988 • 528 citations

Permanent Income, Current Income, and Consumption

1990 • 312 citations

An algorithm for the exact likelihood of a mixed autoregressive-moving average process

1979 • 276 citations

Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory?

1986 • 270 citations

Journal of Political Economy

2015 • 234 citations

Advances in Econometrics

1987 • 232 citations

The Relative Importance of Permanent and Transitory Components: Identification and Some Theoretical Bounds

1992 • 171 citations

Money does Granger-cause output in the bivariate money-output relation

1988 • 167 citations

Maximum Likelihood Estimation of Regression Models with First Order Moving Average Errors when the Root Lies on the Unit Circle

1983 • 129 citations

Estimation of a non-invertible moving average process

1977 • 123 citations

Theory Ahead of Business Cycle Measurement

1986 • 105 citations

On the Interpretation of Near Random-Walk Behavior in GNP

1988 • 102 citations

The insensitivity of consumption to news about income

1988 • 100 citations

Temporal Aggregation and Structural Inference in Macroeconomics

1987 • 90 citations

What Is Left of the Multiplier Accelerator

1981 • 68 citations

Asymptotic Estimation and Hypothesis Testing Results for Vector Linear Time Series Models

1979 • 56 citations

Calculating asset prices in three example economies

2008 • 45 citations

Is Consumption Insufficiently Sensitive to Innovations in Income

1987 • 44 citations

Seasonal adjustment and measuring persistence in output

1990 • 38 citations

Is Theory Really Ahead of Measurement? Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations

1988 • 29 citations

The Permanent Income Hypothesis Revisited

1990 • 20 citations

Bubbles and other essays

1987 • 14 citations

Technical Progress and Aggregate Fluctuations

1989 • 11 citations

Econometric exogeneity and alternative estimators of portfolio balance schedules for hyperinflations

1976 • 8 citations

Permanent And Transitory Movements In Labor Income: An Explanation For "Excess Smoothness" In Consumption

1989 • 1 citations

Deleted Work

1955 • 0 citations