Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies

Rules Rather than Discretion: The Inconsistency of Optimal Plans

Finn E. Kydland, Edward C. Prescott · Journal of Political Economy · 1977 · 7.9K citations

Social Sciences, Economics, Public Policy +15

Econometric policy evaluation: A critique

Robert E. Lucas · Carnegie-Rochester Conference Series on Public Policy · 1976 · 5.6K citations

Social Sciences, Economics, Public Policy +9

On the Determination of the Public Debt

Robert J. Barro · Journal of Political Economy · 1979 · 3.2K citations · Full text

Social Sciences, Economics, Public Finance +17

The Solution of Linear Difference Models under Rational Expectations

Olivier Blanchard, Charles M. Kahn · Econometrica · 1980 · 2.5K citations

Natural Sciences, Economics, Mathematics +7

A Positive Theory of Monetary Policy in a Natural Rate Model

Robert J. Barro, D. Benjamin Gordon · Journal of Political Economy · 1983 · 2.2K citations

Social Sciences, Economics, Macroeconomics +13