Details about Edward C. Prescott

Homepage:	http://www.minneapolisfed.org/research/prescott/
Postal address:	Research Department Federal Reserve Bank of Minneapolis P.O. Box 291 Minneapolis, MN 55480-0291 USA
Workplace:	Department of Economics, W.P. Carey School of Business, Arizona State University, (more information at EDIRC) Research Department, Federal Reserve Bank of Minneapolis, (more information at EDIRC)

Access statistics for papers by Edward C. Prescott.

Last updated 2012-09-21. Update your information in the RePEc Author Service.

Short-id: ppr10

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Working Papers

2013

1. On Financing Retirement with an Aging Population
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Staff Report, Federal Reserve Bank of Minneapolis (2012)

2012

2. The labor productivity puzzle
   Working Papers, Federal Reserve Bank of Minneapolis
   See also Chapter (2012)

2011

3. Aggregate labor supply
   Staff Report, Federal Reserve Bank of Minneapolis View citations (10)
4. Costly financial intermediation in neoclassical growth theory
   Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (9)
   See also Journal Article in Quantitative Economics (2011)
5. On efficiently financing retirement
   Working Papers, Federal Reserve Bank of Minneapolis
6. Technology capital transfer
   Working Papers, Federal Reserve Bank of Minneapolis

2010

7. Pareto Optima and Competitive Equilibria With Adverse Selection and Moral Hazard
   Levine's Working Paper Archive, David K. Levine View citations (33)
   See also Journal Article in Econometrica (1984)
8. The equity premium: a puzzle
   Levine's Working Paper Archive, David K. Levine View citations (224)
   See also Journal Article in Journal of Monetary Economics (1985)

2009

9. Technology capital and the U.S. current account
   Staff Report, Federal Reserve Bank of Minneapolis View citations (5)
   Also in Levine's Bibliography, UCLA Department of Economics (2008)
   Working Papers, Federal Reserve Bank of Minneapolis (2007)
   NBER Working Papers, National Bureau of Economic Research, Inc (2008)
   2007 Meeting Papers, Society for Economic Dynamics (2007)
   See also Journal Article in American Economic Review (2010)
10. Technology capital and the U.S. current account (appendices)
    Staff Report, Federal Reserve Bank of Minneapolis
11. Unmeasured investment and the puzzling U.S. boom in the 1990s
    Staff Report, Federal Reserve Bank of Minneapolis
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (6)
    See also Journal Article in American Economic Journal: Macroeconomics (2010)
12. Unmeasured investment and the puzzling U.S. boom in the 1990s (technical appendix)
    Staff Report, Federal Reserve Bank of Minneapolis

2008

13. Intermediated quantities and returns
    Staff Report, Federal Reserve Bank of Minneapolis View citations (1)
    Also in Levine's Bibliography, UCLA Department of Economics (2007)
    Working Papers, Federal Reserve Bank of Minneapolis (2007) View citations (5)
14. Openness, Technology Capital, and Development
    2008 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2007) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (5)
    Staff Report, Federal Reserve Bank of Minneapolis (2008) View citations (3)
    See also Journal Article in Journal of Economic Theory (2009)
15. Using the general equilibrium growth model to study great depressions: a reply to Temin
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)

2007

16. Lifetime aggregate labor supply with endogenous workweek length
    Staff Report, Federal Reserve Bank of Minneapolis View citations (5)
    See also Journal Article in Review of Economic Dynamics (2009)

2006

17. On the needed quantity of government debt
    Working Papers, Federal Reserve Bank of Minneapolis
    See also Journal Article in Quarterly Review (2007)
18. The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article in Journal of Political Economy (2008)
19. Why Did U.S. Market Hours Boom in the 1990s?
    2006 Meeting Papers, Society for Economic Dynamics
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006)

2005

20. Autobiography
    Nobel Prize in Economics documents, Nobel Prize Committee
21. Expensed and sweat equity
    Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
22. Productivity and the Post-1990 U.S. Economy
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2005) View citations (1)
    Levine's Bibliography, UCLA Department of Economics (2004)
    See also Journal Article in Review (2005)
23. Taxes, regulations, and the value of U.S. and U.K. corporations
    Staff Report, Federal Reserve Bank of Minneapolis View citations (59)
    Also in Levine's Bibliography, UCLA Department of Economics (2004) View citations (14)

2004

24. A Unified Theory of the Evolution of International Income Levels
    Levine's Working Paper Archive, David K. Levine View citations (13)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2004) View citations (27)
    See also Chapter (2005)
25. Interview with the 2004 Laureates in Economics, Finn E. Kydland and Edward C. Prescott
    Nobel Prize in Economics documents, Nobel Prize Committee
26. Predictions of the Price of Capital
    2004 Meeting Papers, Society for Economic Dynamics
27. The Transformation of Macroeconomic Policy and Research
    Nobel Prize in Economics documents, Nobel Prize Committee
    See also Journal Article in Annual Report (2005)
28. Why Do Americans Work So Much More Than Europeans?
    Levine's Bibliography, UCLA Department of Economics View citations (178)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2003) View citations (29)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (176)
    See also Journal Article in Quarterly Review (2004)

2003

29. Average Debt and Equity Returns: Puzzling?
    Levine's Working Paper Archive, David K. Levine View citations (23)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2003) View citations (49)
    See also Journal Article in American Economic Review (2003)
30. Non-Convexities in Quantitative General Equilibrium Studies of Business Cycles
    Levine's Working Paper Archive, David K. Levine View citations (2)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2003) View citations (3)
31. The 1929 stock market: Irving Fisher was right
    Staff Report, Federal Reserve Bank of Minneapolis
    See also Journal Article in International Economic Review (2004)
32. The Equity Premium in Retrospect
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
    See also Chapter (2003)

2002

33. Data Appendix to Great Depressions of the Twentieth Century
    Technical Appendices, Review of Economic Dynamics View citations (2)
    See also Journal Article in Review of Economic Dynamics (2002)
34. Data Appendix to The 1990s in Japan: A Lost Decade
    Technical Appendices, Review of Economic Dynamics View citations (10)
    See also Journal Article in Review of Economic Dynamics (2002)
35. Introduction to Sunspots and Lotteries
    Working Papers, Cornell University, Center for Analytic Economics View citations (3)
    See also Journal Article in Journal of Economic Theory (2002)
36. Prosperity and Depression: 2002 Richard T. Ely Lecture
    Working Papers, Federal Reserve Bank of Minneapolis View citations (17)

2001

37. Is the Stock Market Overvalued?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Quarterly Review (2000)
38. Taxes, Regulations, and Asset Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (2001) View citations (22)
39. The Stock Market Crash of 1929: Irving Fisher Was Right!
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2000

40. Lotteries, Sunspots and Incentive Constraints
    Levine's Working Paper Archive, David K. Levine View citations (14)
    See also Journal Article in Journal of Economic Theory (2002)
41. On the equilibrium concept for overlapping generations organizations
    Working Papers, Federal Reserve Bank of Minneapolis View citations (2)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2000) View citations (2)
42. The 1990s in Japan: a lost decade
    Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
    See also Journal Article in Review of Economic Dynamics (2002)

1999

43. Malthus to Solow
    Staff Report, Federal Reserve Bank of Minneapolis View citations (20)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (16)
    See also Journal Article in American Economic Review (2002)

1998

44. Business cycle research: methods and problems
    Working Papers, Federal Reserve Bank of Minneapolis View citations (7)

1997

45. General Competitive Analysis in an Economy with Private Information
    Levine's Working Paper Archive, David K. Levine View citations (18)
    See also Journal Article in International Economic Review (1984)
46. Monopoly rights: a barrier to riches
    Staff Report, Federal Reserve Bank of Minneapolis View citations (9)
    See also Journal Article in American Economic Review (1999)
47. Needed: a theory of total factor productivity
    Staff Report, Federal Reserve Bank of Minneapolis View citations (25)
    See also Journal Article in International Economic Review (1998)
48. Valuation equilibrium with Clubs
    Levine's Working Paper Archive, David K. Levine View citations (10)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1996) View citations (10)
    See also Journal Article in Journal of Economic Theory (1997)

1994

49. Equilibrium business cycles with idle resources and variable capacity utilization
    Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
    See also Journal Article in Economic Theory (1995)
50. The computational experiment: an econometric tool
    Working Paper, Federal Reserve Bank of Cleveland View citations (2)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1994) View citations (5)
    See also Journal Article in Journal of Economic Perspectives (1996)

1993

51. Effects of alternative monetary stabilization policies: an unexpected finding
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (1)

1992

52. Banking in computable general equilibrium economies
    Staff Report, Federal Reserve Bank of Minneapolis View citations (55)
    Also in Open Access publications from Universidad Carlos III de Madrid, Universidad Carlos III de Madrid View citations (5)
    See also Journal Article in Journal of Economic Dynamics and Control (1992)
53. Liquidity constraints in economies with aggregate fluctuations: a quantitative exploration
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
    Also in Open Access publications from Universidad Carlos III de Madrid, Universidad Carlos III de Madrid
54. Recursive methods for computing equilibria of business cycle models
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (47)

1991

55. Seigniorage As a Tax: A Quantitative Evaluation
    Working Papers, Southern California - School of Business Administration View citations (19)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1991) View citations (22)
    See also Journal Article in Journal of Money, Credit and Banking (1991)
56. Technology Adoption and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (1991) View citations (14)

1990

57. The econometrics of the general equilibrium approach to business cycles
    Staff Report, Federal Reserve Bank of Minneapolis View citations (3)
    See also Journal Article in Scandinavian Journal of Economics (1991)

1989

58. Hours and employment variation in business cycle theory
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (5)
    See also Journal Article in Economic Theory (1991)
59. The firm and the plant in general equilibrium theory
    Staff Report, Federal Reserve Bank of Minneapolis View citations (27)

1988

60. Organizations in economic analysis
    Working Papers, Federal Reserve Bank of Minneapolis View citations (15)
    See also Journal Article in Canadian Journal of Economics (1988)
61. Time consistency and policy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (31)

1986

62. Dynamic coalitions, growth, and the firm
    Staff Report, Federal Reserve Bank of Minneapolis View citations (4)
63. Theory ahead of business cycle measurement
    Staff Report, Federal Reserve Bank of Minneapolis View citations (463)
    See also Journal Article in Quarterly Review (1986)

1985

64. Financial intermediary-coalitions
    Staff Report, Federal Reserve Bank of Minneapolis View citations (26)
    See also Journal Article in Journal of Economic Theory (1986)

1983

65. "Can the cycle be reconciled with a consistent theory of expectations?" - or a progress report on business cycle theory
    Working Papers, Federal Reserve Bank of Minneapolis View citations (7)

1982

66. A test of the intertemporal asset pricing model
    Staff Report, Federal Reserve Bank of Minneapolis View citations (2)

1981

67. Post-War U.S. Business Cycles: An Empirical Investigation
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (222)
    See also Journal Article in Journal of Money, Credit and Banking (1997)

1980

68. Time to Build and the Persistence of Unemployment
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science

1979

69. Dynamic Optimal Taxation
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics

Undated

70. Real returns on government debt: a general equilibrium quantitative exploration
    Open Access publications from Universidad Carlos III de Madrid, Universidad Carlos III de Madrid
    See also Journal Article in European Economic Review (1997)

Journal Articles

2011

1. Costly financial intermediation in neoclassical growth theory
   Quantitative Economics, 2011, 2, (1), 1-36 View citations (4)
   See also Working Paper (2011)

2010

2. Technology Capital and the US Current Account
   American Economic Review, 2010, 100, (4), 1493-1522 View citations (6)
   See also Working Paper (2009)
3. Unmeasured Investment and the Puzzling US Boom in the 1990s
   American Economic Journal: Macroeconomics, 2010, 2, (4), 88-123 View citations (6)
   See also Working Paper (2009)

2009

4. Introduction to dynamic general equilibrium
   Journal of Economic Theory, 2009, 144, (6), 2235-2246
5. Lifetime Aggregate Labor Supply with Endogenous Workweek Length
   Review of Economic Dynamics, 2009, 12, (1), 23-36 View citations (13)
   See also Working Paper (2007)
6. Openness, technology capital, and development
   Journal of Economic Theory, 2009, 144, (6), 2454-2476 View citations (8)
   See also Working Paper (2008)

2008

7. Introduction of the special issue: Economic theory in honor of Charalambos D. Aliprantis
   Journal of Mathematical Economics, 2008, 44, (7-8), 551-552
8. The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy
   Journal of Political Economy, 2008, 116, (4), 573-632 View citations (14)
   See also Working Paper (2006)

2007

9. EconomicDynamics Interviews Timothy Kehoe and Edward Prescott on Great Depressions
   EconomicDynamics Newsletter, 2007, 9, (1)
10. On the needed quantity of government debt
    Quarterly Review, 2007, (Nov), 2-15 View citations (1)
    See also Working Paper (2006)
11. Review 3
    Economic Journal, 2007, 117, (524), F648-F650

2006

12. Nobel Lecture: The Transformation of Macroeconomic Policy and Research
    Journal of Political Economy, 2006, 114, (2), 203-235 View citations (35)

2005

13. COMMENTS ON "INFLATION, OUTPUT, AND WELFARE" BY RICARDO LAGOS AND GUILLAUME ROCHETEAU
    International Economic Review, 2005, 46, (2), 523-531
14. Capacity constraints, asymmetries, and the business cycle
    Review of Economic Dynamics, 2005, 8, (4), 850-865 View citations (23)
15. ON EQUILIBRIUM FOR OVERLAPPING GENERATIONS ORGANIZATIONS *
    International Economic Review, 2005, 46, (4), 1065-1080
16. Productivity and the post-1990 U.S. economy
    Review, 2005, (Jul), 537-550 View citations (1)
    See also Working Paper (2005)
17. The transformation of macroeconomic policy and research
    Annual Report, 2005, 6-27 View citations (1)
    See also Working Paper (2004)

2004

18. THE 1929 STOCK MARKET: IRVING FISHER WAS RIGHT
    International Economic Review, 2004, 45, (4), 991-1009 View citations (2)
    See also Working Paper (2003)
19. Why do Americans work so much more than Europeans?
    Quarterly Review, 2004, (Jul), 2-13 View citations (176)
    See also Working Paper (2004)

2003

20. Average Debt and Equity Returns: Puzzling?
    American Economic Review, 2003, 93, (2), 392-397 View citations (42)
    See also Working Paper (2003)
21. In Memoriam: Bruce D. Smith (1954–2002)
    Economic Theory, 2003, 21, (1), a5-a5

2002

22. Great Depressions of the Twentieth Century
    Review of Economic Dynamics, 2002, 5, (1), 1-18 View citations (83)
    See also Book (2007)
    Working Paper (2002)
23. Introduction to Sunspots and Lotteries
    Journal of Economic Theory, 2002, 107, (1), 1-10 View citations (2)
    See also Working Paper (2002)
24. Lotteries, Sunspots, and Incentive Constraints
    Journal of Economic Theory, 2002, 107, (1), 39-69 View citations (19)
    See also Working Paper (2000)
25. Malthus to Solow
    American Economic Review, 2002, 92, (4), 1205-1217 View citations (184)
    See also Working Paper (1999)
26. Prosperity and Depression
    American Economic Review, 2002, 92, (2), 1-15 View citations (20)
27. The 1990s in Japan: A Lost Decade
    Review of Economic Dynamics, 2002, 5, (1), 206-235 View citations (93)
    See also Working Paper (2000)
    Working Paper (2002)

2000

28. Is the stock market overvalued?
    Quarterly Review, 2000, (Fall), 20-40 View citations (48)
    See also Working Paper (2001)

1999

29. Monopoly Rights: A Barrier to Riches
    American Economic Review, 1999, 89, (5), 1216-1233 View citations (135)
    See also Working Paper (1997)
30. Some observations on the Great Depression
    Quarterly Review, 1999, (Win), 25-29 View citations (13)

1998

31. Needed: A Theory of Total Factor Productivity
    International Economic Review, 1998, 39, (3), 525-51 View citations (190)
    See also Working Paper (1997)

1997

32. On defining real consumption
    Review, 1997, (May), 47-53 View citations (5)
33. Postwar U.S. Business Cycles: An Empirical Investigation
    Journal of Money, Credit and Banking, 1997, 29, (1), 1-16 View citations (455)
    See also Working Paper (1981)
    Software Item (1982)
34. Real returns on government debt: A general equilibrium quantitative exploration
    European Economic Review, 1997, 41, (1), 115-137 View citations (5)
    See also Working Paper
35. Valuation Equilibrium with Clubs
    Journal of Economic Theory, 1997, 74, (1), 19-39 View citations (28)
    See also Working Paper (1997)

1996

36. The Computational Experiment: An Econometric Tool
    Journal of Economic Perspectives, 1996, 10, (1), 69-85 View citations (79)
    See also Working Paper (1994)

1995

37. Computable General Equilibrium Models and Monetary Policy Advice: Comment
    Journal of Money, Credit and Banking, 1995, 27, (4), 1502-05
38. Equilibrium Business Cycles with Idle Resources and Variable Capacity Utilization
    Economic Theory, 1995, 6, (1), 35-49 View citations (24)
    See also Working Paper (1994)
39. Introduction to the Symposium: The Discipline of Applied General Equilibrium
    Economic Theory, 1995, 6, (1), 1-11 View citations (7)

1994

40. Barriers to Technology Adoption and Development
    Journal of Political Economy, 1994, 102, (2), 298-321 View citations (331)
41. Stationary Solution to the Overlapping Generations Model of Fiat Money: Experimental Evidence
    Empirical Economics, 1994, 19, (2), 255-77 View citations (19)

1993

42. Changes in the wealth of nations
    Quarterly Review, 1993, (Spr), 3-16 View citations (41)
43. Cyclical movements of the labor input and its implicit real wage
    Economic Review, 1993, (Q II), 12-23 View citations (16)
44. Did Technology Shocks Cause the 1990-1991 Recession?
    American Economic Review, 1993, 83, (2), 280-86 View citations (4)
45. Effects of monetary policies: an unexpected finding
    Proceedings, 1993, (Mar) View citations (1)

1992

46. Banking in computable general equilibrium economies
    Journal of Economic Dynamics and Control, 1992, 16, (3-4), 533-559 View citations (70)
    See also Working Paper (1992)
47. Stochastic Monotonicity and Stationary Distributions for Dynamic Economies
    Econometrica, 1992, 60, (6), 1387-406 View citations (110)

1991

48. Evaluating the welfare effects of alternative monetary arrangements
    Quarterly Review, 1991, (Sum), 3-10 View citations (8)
49. Hours and Employment Variation in Business Cycle Theory
    Economic Theory, 1991, 1, (1), 63-81 View citations (66)
    See also Working Paper (1989)
50. Insurance Contracts as Commodities: A Note
    Review of Economic Studies, 1991, 58, (5), 917-28 View citations (2)
51. Measures of the Insurance Sector Output
    The Geneva Papers on Risk and Insurance - Issues and Practice, 1991, 16, (2), 191-206 View citations (1)
52. Seigniorage as a Tax: A Quantitative Evaluation
    Journal of Money, Credit and Banking, 1991, 23, (3), 462-75 View citations (19)
    Also in Proceedings, 1991, 462-482 (1991) View citations (20)
    See also Working Paper (1991)
53. The Econometrics of the General Equilibrium Approach to Business Cycles
    Scandinavian Journal of Economics, 1991, 93, (2), 161-78 View citations (27)
    See also Working Paper (1990)

1990

54. Business cycles: real facts and a monetary myth
    Quarterly Review, 1990, (Spr), 3-18 View citations (164)
55. The timing of raises and other payments: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1990, 33, (1), 49-52

1988

56. Organizations in Economic Analysis
    Canadian Journal of Economics, 1988, 21, (3), 477-91 View citations (15)
    See also Working Paper (1988)
57. Robert M. Solow's Neoclassical Growth Model: An Influential Contribution to Economics
    Scandinavian Journal of Economics, 1988, 90, (1), 7-12
58. The equity risk premium: A solution?
    Journal of Monetary Economics, 1988, 22, (1), 133-136 View citations (64)
59. The workweek of capital and its cyclical implications
    Journal of Monetary Economics, 1988, 21, (2-3), 343-360 View citations (30)

1987

60. Dynamic Coalitions: Engines of Growth
    American Economic Review, 1987, 77, (2), 63-67 View citations (28)

1986

61. Financial intermediary-coalitions
    Journal of Economic Theory, 1986, 38, (2), 211-232 View citations (222)
    See also Working Paper (1985)
62. Response to a skeptic
    Quarterly Review, 1986, (Fall), 28-33 View citations (8)
63. Theory ahead of business cycle measurement
    Quarterly Review, 1986, (Fall), 9-22 View citations (485)
    Also in Carnegie-Rochester Conference Series on Public Policy, 1986, 25, (1), 11-44 (1986) View citations (230)
    See also Working Paper (1986)

1985

64. The equity premium: A puzzle
    Journal of Monetary Economics, 1985, 15, (2), 145-161 View citations (1304)
    See also Working Paper (2010)

1984

65. General Competitive Analysis in an Economy with Private Information
    International Economic Review, 1984, 25, (1), 1-20 View citations (85)
    See also Working Paper (1997)
66. Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard
    Econometrica, 1984, 52, (1), 21-45 View citations (163)
    See also Working Paper (2010)

1982

67. Time to Build and Aggregate Fluctuations
    Econometrica, 1982, 50, (6), 1345-70 View citations (1318)
    See also Software Item (1982)
    Software Item (1982)

1980

68. Comments on the current state of the theory of aggregate investment behavior
    Carnegie-Rochester Conference Series on Public Policy, 1980, 12, (1), 93-101
69. Dynamic optimal taxation, rational expectations and optimal control
    Journal of Economic Dynamics and Control, 1980, 2, (1), 79-91 View citations (103)
70. Organization Capital
    Journal of Political Economy, 1980, 88, (3), 446-61 View citations (90)
71. Recursive Competitive Equilibrium: The Case of Homogeneous Households
    Econometrica, 1980, 48, (6), 1365-79 View citations (45)

1978

72. Papers in Honor of Herbert A. Simon: An Introduction
    Bell Journal of Economics, 1978, 9, (2), 491-493

1977

73. Rules Rather Than Discretion: The Inconsistency of Optimal Plans
    Journal of Political Economy, 1977, 85, (3), 473-91 View citations (1446)
74. Sequential Location among Firms with Foresight
    Bell Journal of Economics, 1977, 8, (2), 378-393 View citations (72)
75. Should control theory be used for economic stabilization?
    Carnegie-Rochester Conference Series on Public Policy, 1977, 7, (1), 13-38 View citations (22)
76. Should control theory be used for economic stabilization?: A rejoinder
    Carnegie-Rochester Conference Series on Public Policy, 1977, 7, (1), 101-102 View citations (5)

1976

77. Estimation in the Presence of Stochastic Parameter Variation
    Econometrica, 1976, 44, (1), 167-84 View citations (41)

1975

78. Efficiency of the Natural Rate
    Journal of Political Economy, 1975, 83, (6), 1229-36 View citations (37)

1974

79. Equilibrium search and unemployment
    Journal of Economic Theory, 1974, 7, (2), 188-209 View citations (162)

1973

80. An Adaptive Regression Model
    International Economic Review, 1973, 14, (2), 364-71 View citations (27)
81. Market structure and monopoly profits: A dynamic theory
    Journal of Economic Theory, 1973, 6, (6), 546-557 View citations (2)
82. Tests of an Adaptive Regression Model
    The Review of Economics and Statistics, 1973, 55, (2), 248-56 View citations (13)

1972

83. A Note on Price Systems in Infinite Dimensional Space
    International Economic Review, 1972, 13, (2), 416-22 View citations (9)
84. The Multi-Period Control Problem Under Uncertainty
    Econometrica, 1972, 40, (6), 1043-58 View citations (39)

1971

85. Investment Under Uncertainty
    Econometrica, 1971, 39, (5), 659-81 View citations (173)

Books

2007

1. Great depressions of the twentieth century
   Monograph, Federal Reserve Bank of Minneapolis View citations (47)
   See also Journal Article in Review of Economic Dynamics (2002)

2002

2. Barriers to Riches, vol 1
   MIT Press Books, The MIT Press View citations (195)

Chapters

2012

1. The Labor Productivity Puzzle
   Chapter 6 in Government Policies and the Delayed Economic Recovery, 2012
   See also Working Paper (2012)

2005

2. A Unified Theory of the Evolution of International Income Levels
   Chapter 21 in Handbook of Economic Growth, 2005, vol. 1, Part B, pp 1371-1416 View citations (25)
   See also Working Paper (2004)

2003

3. The equity premium in retrospect
   Chapter 14 in Handbook of the Economics of Finance, 2003, vol. 1, Part 2, pp 889-938 View citations (71)
   See also Working Paper (2003)

1980

4. A Competitive Theory of Fluctuations and the Feasibility and Desirability of Stabilization Policy
   A chapter in Rational Expectations and Economic Policy, 1980, pp 169-198 View citations (25)

1973

5. Systematic (Non-Random) Variation Models: Varying Parameter Regression: A Theory And Some Applications
   A chapter in Annals of Economic and Social Measurement, Volume 2, number 4, 1973, pp 462-472 View citations (1)

Software Items

1982

1. Executable program for "Time to Build and Aggregate Fluctuations"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article in Econometrica (1982)
2. FORTRAN code for the Hodrick-Prescott filter
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article in Journal of Money, Credit and Banking (1997)
3. Web interface for "Time to Build and Aggregate Fluctuations"
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles
   See also Journal Article in Econometrica (1982)