Benjamin M. Friedman

David I. Laibson

English

Research Papers in Economics

A Capital Asset Pricing Model with Time-varying Covariances.&quot;

A Compound Events Model for Security Prices.&quot;

A Monetary History of the United States.

A Simplified Jump Process for Common Stock Returns.&quot;

A Specification Test for Speculative Bubbles.&quot;

A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices.&quot;

Alois.

Are Business Cycles All Alike?&quot; In The American Business Cycle: Continuity and Change, edited by

Autoregressive Conditional Heteroskedasticity with Estimates of the Variance of United Kingdom Inflation.&quot;

Bubbles, Rational Expectations, and Financial Markets.&quot;

Compound Distribution Models of Stock Returns: An Empirical Comparison.&quot;

Conditional Heteroskedasticity in Asset Returns: A New Approach.&quot;

Debt without Disaster. Economic Research, Financial Market Perspectives,

Economic Consequences of Noise Traders.&quot; Working Paper 2395.

Efficiency and Normality in the Futures Market in Foreign Exchange.&quot;

Employment, Growth and Price Level Hearings, Part 2:

Expectations and the Neutrality of Money.&quot;

Financial Stability Revisited: The Economics of Disaster.&quot; Reappraisal of the Discount Mechanism,

Indexes of United States Stock Prices from 1802 to 1987.&quot; Working Paper 2985.

Inference for Jump Diffusion Stock Prices.&quot;

Jump Risks and the Intertemporal Capital Asset Pricing Model.&quot;

Manias, Panics and Crashes: A History of Financial Crises.

Mean Reversion in Equilibrium Asset Prices.&quot; Working Paper 2762.

Mean Reversion in Stock Prices: Evidence and Implications.&quot;

Mean-Variance as an Approximation to Expected Utility Maximization.&quot;

Measuring the Persistence of Expected Returns.&quot;

Minute by Minute: Efficiency, Normality, and Randomness in Intradaily Asset Prices.&quot;

Mixed Diffusion-Jump Process Modeling of Exchange Rate Movements.&quot;

Mr. Keynes on the Causes of Unemployment.&quot;

Optimal Properties of Exponentially Weighted Forecasts.&quot;

Optimum Consumption and Portfolio Rules in a Continuous-Time Model.&quot;

Option Pricing When Underlying Stock Returns are Discontinuous.&quot;

Permanent and Temporary Components of Stock Prices.&quot;

Prices, Employment and Profits.&quot;

Proof That Properly Anticipated Prices Fluctuate Randomly.&quot;

Propagation Problems and Impulse Problems in Dynamic Economics.&quot;

Review of Stabilizing ant Unstable Economy by Hyman Minsky.

Risk, Return, and Equilibrium: Empirical Tests.&quot;

Stabilizing an Unstable Economy.

Stock Prices and Social Dynamics.&quot;

The Behavior of Stock Market Prices.&quot;

The Debt Deflation Theory of Great Depressions.&quot;

The Equity Risk Premium: A Solution.&quot;

The Financial Instability Hypothesis: An Interpretation of Keynes and an Alternative to 'Standard' Theory.&quot;

The General Theory of Employment.&quot;

The Probability Distribution of Foreign Exchange Price Changes: Tests of Candidate Processes.&quot;

The Role of Monetary Policy.&quot;

The Stock Market and Economic Efficiency.

The Summation of Random Causes as the Source of Cyclic Processes.&quot;

The Theory of the Rate of Interest.&quot; Readings in the Theoty of Income Distribution.

The Valuation of Options for Alternative Stochastic Processes.&quot;

The Variation of Certain Speculative Prices.&quot;

Time-Varying Risk Perceptions and the Pricing of Risky Assets.&quot; Working Paper 2694.

Economic Implications of Extraordinary Movements in Stock Prices

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Economic Implications of Extraordinary Movements in Stock Prices

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Research Papers in Economics