Memories, heteroscedasticity, and price limit in Currency futures markets

Long-Term Storage Capacity of Reservoirs

H. E. Hurst · Transactions of the American Society of Civil Engineers · 1951 · 6.1K citations

Hydrogeology, Cumulative Totals, Engineering +12

Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test

Andrew W. Lo, A. Craig MacKinlay · Review of Financial Studies · 1988 · 3.7K citations

Empirical Finance, Follow Random Walks, Simple Specification Test +17

Time Series Regression with a Unit Root

P. C. B. Phillips · Econometrica · 1987 · 2.9K citations

Engineering, Unit Root, Regression Analysis +16

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

Forward Exchange Rate, Exchange Rate, Exchange Rates +16

The origin of predictable behavior

Mathematical Social Sciences · 1983 · 1.1K citations

Emergent Phenomenon, Behavioral Sciences, Evolutionary Game Theory +6