Intergenerational risk sharing

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

On the Determination of the Public Debt

1979 • 3,283 citations

Implicit Contracts and Underemployment Equilibria

1975 • 1,262 citations

Wages and Employment under Uncertain Demand

1974 • 909 citations

Redistributive taxation as social insurance

1980 • 610 citations

An Asymptotic Theory of Growth Under Uncertainty

1975 • 329 citations

Taxation, Human Capital, and Uncertainty

1980 • 241 citations

Inflation: Its Mechanics and Welfare Costs

1975 • 239 citations

Inflation, debt, and indexation

1985 • 203 citations

Taxation of Corporate Capital Income: Tax Revenues Versus Tax Distortions

1985 • 173 citations

Agenda for Progressive Taxation.

1948 • 144 citations

Taxation, Human Capital, and Uncertainty

1979 • 134 citations

On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable

1981 • 134 citations

Aspects of Monetary and Banking Theory and Moral Hazard

1982 • 82 citations

Taxation in fiscal exchange

1976 • 81 citations

Social Security Taxation and Intergenerational Risk Sharing

1982 • 77 citations

Informational diversity over time and the optimality of monetary equilibria

1982 • 71 citations

Financial Aspects of the United States Pension System

1985 • 60 citations

Asset Management with Trading Uncertainty

1975 • 57 citations

Intergenerational transfers as social insurance

1982 • 52 citations

Agenda for Progressive Taxation

1947 • 49 citations

Aspects of Monetary and Banking Theory and Moral Hazard

1982 • 39 citations

On the Relevance or Irrelevance of Public Financial Policy: Indexation,Price Rigidities and Optimal Monetary Policy

1983 • 29 citations

The steady states of a stochastic decentralized growth model

1981 • 9 citations

The use of the balance of payments as a shock absorber in fixed rate and managed float systems

1981 • 6 citations

Mitigating Demographic Risk Through Social Insurance

1977 • 6 citations

The Implications of Insurance for the Efficacy of Fiscal Policy

1988 • 5 citations

The Implications of Insurance for the Efficacy of Fiscal Policy

1988 • 2 citations