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

Asset Prices in an Exchange Economy

Robert E. Lucas · Econometrica · 1978 · 5.1K citations

Market Equilibrium, Exchange Rate, Dynamic Economics +17

A Theory of the Consumption Function

Milton Friedman · Econometrica · 1960 · 2.3K citations

Economic Measure, Economics, Public Policy +14

Risk Aversion and the Martingale Property of Stock Prices

Stephen F. LeRoy · International Economic Review · 1973 · 359 citations

Economics, Portfolio Optimization, Financial Economics +11

Securities Market Efficiency in an Arrow-Debreu Economy

Mark Rubinstein · American Economic Review · 1975 · 160 citations

Empirical Finance, Market Microstructure, Economics +6

The Estimation of Parameters in Multivariate Time Series Models

G. Tunnicliffe Wilson · Journal of the Royal Statistical Society Series B (Statistical Methodology) · 1973 · 133 citations

Parameter Identification, Parameter Estimation, Engineering +13