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On the Short-Run Equilibrium in a Monetary Economy
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On the Short-Run Equilibrium in a Monetary Economy (1974)On the Short-Run Equilibrium in a Monetar…Review of Economic Studies (2010)Review of Economic StudiesEconomies with a finite set of equilibria (2008)Economies with a finite set o…Money, Interest and Prices (1991)Money, Interest and PricesON SOME PROBLEMS OF PROVING THE EXISTENCE OF AN EQUILIBRIUM IN A MONETARY ECONOMY (1989)ON SOME PROBLEMS OF PROVING T…Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets (1972)Existence of Equilibrium of P…Capital and growth (1971)Capital and growthThe Optimum Quantity of Money (1970)The Optimum Quantity of MoneyEconomies with a Finite Set of Equilibria (1970)Economies with a Finite Set o…Aspects of the Theory of Risk-Bearing. (1966)Aspects of the Theory of Risk…Theory of Value (1959)Theory of ValueLiquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The monetary dynamics of hyperinflation (1956)The monetary dynamics of hype…ON THE CLASSICAL MULTILATERAL EXCHANGE PROBLEM * (1956)ON THE CLASSICAL MULTILATERAL…The law of supply and demand (1955)The law of supply and demandOn Equilibrium in Graham's Model of World Trade and Other Competitive Systems (1954)On Equilibrium in Graham's Mo…Foundations of Economic Analysis. (1948)Foundations of Economic Analy…The core of a monetary economy without trust (1978)The core of a monetary econom…Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)On the measurement of inequality (1970)Risk Aversion and Incentive Effects (2002)Agency for International Development (1978)Signaling in Retrospect and the Informational Structure of Markets (2002)Existence of an equilibrium for a competitive economy (2008)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Money and Growth: The Case of Long Run Perfect Foresight (1974)Behavioral Capital Asset Pricing Theory (1994)Understanding the employment relation: the analysis of idiosyncratic exchange (2009)Über die Statistik verketteter Vorgänge (1923)The Wealth of Ideas (2005)Applied General Equilibrium Analysis (2017)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and Residual Claims (1983)Well-being : the foundations of hedonic psychology (1999)Quasi-maximum likelihood estimation and inference in dynamic models with time-varying covariances (1992)Why is There so Little Money in U.S. Politics? (2003)Belief in a Just World and Redistributive Politics (2006)Neo-Keynesian Disequilibrium Theory in a Monetary Economy (1975)Interpersonal Comparability and Social Choice Theory (1980)Investigating the sources of process innovation among UK manufacturing firms (2006)Oligopoly “A la cournot” in a general equilibrium analysis (1972)Random economies with many interacting agents (1974)A convergent process of price adjustment and global newton methods (1976)The Solution of Linear Difference Models under Rational Expectations (1980)A Theory of the Term Structure of Interest Rates (1985)The Modern History of Exchange Rate Arrangements: A Reinterpretation (2004)
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References

  • 1948Foundations of Economic Analysis.4,128 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 2010Review of Economic Studies2,967 cited
  • 1959Theory of Value2,538 cited
  • 1966Aspects of the Theory of Risk-Bearing.1,888 cited
  • 1956The monetary dynamics of hyperinflation1,734 cited
  • 1972Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets722 cited
  • 1971Capital and growth567 cited
  • 1970Economies with a Finite Set of Equilibria517 cited
  • 1954On Equilibrium in Graham's Model of World Trade and Other Competitive Systems483 cited
  • 2008Economies with a finite set of equilibria410 cited
  • 1991Money, Interest and Prices308 cited
  • 1970The Optimum Quantity of Money281 cited
  • 1955The law of supply and demand271 cited
  • 1989ON SOME PROBLEMS OF PROVING THE EXISTENCE OF AN EQUILIBRIUM IN A MONETARY ECONOMY213 cited
  • 1956ON THE CLASSICAL MULTILATERAL EXCHANGE PROBLEM *212 cited

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  • 1978The core of a monetary economy without trust77 cited