Noise

Prospect Theory: An Analysis of Decision under Risk

1979 • 41,742 citations

The Framing of Decisions and the Psychology of Choice

1981 • 16,265 citations

Continuous Auctions and Insider Trading

1985 • 9,651 citations

Does the Stock Market Overreact?

1985 • 7,120 citations

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

Irreversibility, Uncertainty, and Cyclical Investment

1983 • 3,492 citations

On estimating the expected return on the market

1980 • 2,932 citations

The Capital Structure Puzzle

1984 • 2,824 citations

Let's Take the Con Out of Econometrics

1983 • 2,356 citations

Real Business Cycles

1983 • 1,955 citations

Information, trade and common knowledge

1982 • 1,739 citations

The relationship between earnings' yield, market value and return for NYSE common stocks

1983 • 1,692 citations

Do Demand Curves for Stocks Slope Down?

1986 • 1,451 citations

Do Stock Prices Move Too Much to Be Justified by Subsequent Changes in Dividends

1980 • 1,351 citations

Stock Prices and Social Dynamics

1984 • 1,274 citations

The Dividend Puzzle

1976 • 1,273 citations

Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly

1985 • 1,233 citations

Sectoral Shifts and Cyclical Unemployment

1982 • 1,183 citations

Information aggregation in a noisy rational expectations economy

1981 • 1,135 citations

On the Possibility of Speculation under Rational Expectations

1982 • 971 citations

A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets

1985 • 821 citations

MONEY, CREDIT, AND PRICES IN REAL BUSINESS CYCLE

1984 • 579 citations

Real Wages over the Business Cycle: Evidence from Panel Data

1985 • 547 citations

RISK PERCEPTION IN PSYCHOLOGY AND ECONOMICS

1982 • 528 citations

Predictable events and excess returns: The case of dividend announcements

1985 • 281 citations

THE RELEVANCE OF QUASI RATIONALITY IN COMPETITIVE MARKETS

1988 • 270 citations

Volatility increases subsequent to stock splits: An empirical aberration

1985 • 267 citations

Human capital and capital market equilibrium

1977 • 244 citations

The Money Supply Announcements Puzzle: Review and Interpretation

1983 • 219 citations

Further results on the informational efficiency of competitive stock markets

1978 • 198 citations

Market "Efficiency" in a Market with Heterogeneous Information

1978 • 156 citations

On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information

1985 • 134 citations

Uniqueness of the price level in monetary growth models with rational expectations

1974 • 95 citations

The Magic in Earnings: Economic Earnings versus Accounting Earnings

1980 • 90 citations

Purchasing Power Parity Did Not Collapse during the 1970's

1985 • 72 citations

Market Power in a Securities Market with Endogenous Information

1985 • 58 citations

The Trouble with Econometric Models

1982 • 47 citations

ACTIVE AND PASSIVE MONETARY POLICY IN A NEOCLASSICAL MODEL

1972 • 42 citations

Optimal Speculation Against an Efficient Market

1976 • 19 citations

Do we really know that financial markets are efficient?

1986 • 18 citations

The Ins and Outs of Foreign Investment

1978 • 16 citations

International Agricultural Trade

1987 • 16 citations

The ABCs of Business Cycles

1981 • 15 citations

Testing Deviations From Purchasing Power Parity (PPP)

1984 • 6 citations