Research graph
References from Rational expectations, inflation and the nominal interest rate. Local targets link to admitted publications; unresolved targets remain external evidence.
Yield curve forecasts of inflation: a cautionary tale
1994 · External reference
The dividend-price ratio and expectations of future dividends and discount factors
10.1093/rfs/1.3.195 · 1988 · External reference
Stock prices, earnings, and expected dividends
10.1111/j.1540-6261.1988.tb04598.x · 1988 · External reference
Information aggregation in a noisy rational expectations economy
10.1016/0304-405x(81)90026-x · 1981 · External reference
Do expected shifts in inflation affect estimates of the long-run Fisher relation?
1995 · External reference
Short-term interest rates as predictors of inflation
1975 · External reference
The information in the term structure
10.1016/0304-405x(84)90013-8 · 1984 · External reference
Term structure forecasts of interest rates, inflation and real returns
10.1016/0304-3932(90)90045-6 · 1990 · External reference
The information in long-maturity forward rates
1987 · External reference
Inflation, real returns and capital investment
10.1016/0304-3932(82)90021-6 · 1982 · External reference
Unresolved reference
1930 · External reference
On the efficiency of competitive stock markets where traders have diverse information
10.1111/j.1540-6261.1976.tb01907.x · 1976 · External reference
An introduction to the theory of rational expectations under asymmetric information
10.2307/2297195 · 1981 · External reference
On the impossibility of informationally efficient markets
1980 · External reference
On the aggregation of information in competitive markets
10.1016/0022-0531(80)90056-3 · 1980 · External reference
Inflation and real interest rates on assets with different risk characteristics
10.1111/j.1540-6261.1984.tb03659.x · 1984 · External reference
Variance bounds tests and stock price valuation models
10.1086/261419 · 1986 · External reference
The present value relation: tests based on implied variance bounds
10.2307/1911512 · 1981 · External reference
An unbiased reexamination of stock market volatility
10.1111/j.1540-6261.1985.tb04990.x · 1985 · External reference
Dividend variability and variance bounds tests for the rationality of stock market prices
1986 · External reference
On the current state of the stock market rationality hypothesis
1987 · External reference
The real rate of interest: an empirical investigation
1981 · External reference
The information in the term structure: some further results
10.1002/jae.3950030406 · 1988 · External reference
What does the term structure tell us about future inflation?
10.1016/0304-3932(90)90046-7 · 1990 · External reference
Rational expectations and the theory of price movements
10.2307/1909635 · 1961 · External reference
Short-term interest rates as predictors of inflation: on testing the hypothesis that the real rate of interest is constant
1977 · External reference
Mean reversion in stock prices: evidence and implications
10.1016/0304-405x(88)90021-9 · 1988 · External reference
Do stock prices move too much to be justified by subsequent changes in dividends?
1981 · External reference
The probability of gross violations of a present value variance inequality
10.1086/261577 · 1988 · External reference
Does the stock market rationally reflect fundamental values?
10.1111/j.1540-6261.1986.tb04519.x · 1986 · External reference
Dividend innovations and stock price volatility
10.2307/1911841 · 1988 · External reference
Rational expectations and macroeconomic forecasts
10.1080/07350015.1985.10509462 · 1985 · External reference
The record and improvability of economic forecasting
1986 · External reference
Consensus and uncertainty in economic prediction
10.1086/261473 · 1987 · External reference
