Global Currency Hedging

Optimum consumption and portfolio rules in a continuous-time model

Robert C. Merton · Journal of Economic Theory · 1971 · 6.2K citations

Social Sciences, Economics, Finance +16

Liquidity Preference as Behavior Towards Risk

James Tobin · The Review of Economic Studies · 1958 · 3.9K citations

Business, Economics, Finance +11

Capital Market Equilibrium with Restricted Borrowing

Fischer Black · The Journal of Business · 1972 · 3.2K citations

Business, Business Economics, Economics +13

Forward and spot exchange rates

Eugene F. Fama · Journal of Monetary Economics · 1984 · 2.2K citations

Social Sciences, Economics, Finance +12

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

Lars Peter Hansen, Robert J. Hodrick · Journal of Political Economy · 1980 · 2.2K citations

Social Sciences, Economics, Finance +16