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Does Speculation in Financial Markets Have Real Effects?

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Disagreement, speculation, and aggregate investment
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The short rate disconnect in a monetary economy
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Limited Asset Market Participation and the Elasticity of Intertemporal Substitution
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Kinked Adjustment Costs and Aggregate Dynamics
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Survival and Long-Run Dynamics with Heterogeneous Beliefs under Recursive Preferences
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The Zero-Beta Interest Rate
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Measuring Economic Policy Uncertainty*
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Two-Person Dynamic Equilibrium in the Capital Market
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Price Informativeness and Investment Sensitivity to Stock Price
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Heterogeneous Expectations and Bond Markets
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Asset Prices with Heterogeneity in Preferences and Beliefs
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Aggregate Investment and Investor Sentiment
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Asset Pricing When ‘This Time Is Different’
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An Examination of Heterogeneous Beliefs with a Short-Sale Constraint in a Dynamic Economy
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On the Nature of Capital Adjustment Costs
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Manipulation and the Allocational Role of Prices
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Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles
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Liquidity Premia and Transaction Costs
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The Real Effects of Financial Markets: The Impact of Prices on Takeovers
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MEASURING INTERTEMPORAL SUBSTITUTION: THE IMPORTANCE OF METHOD CHOICES AND SELECTIVE REPORTING
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The Real Effects of Financial Markets
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Feedback Effects, Asymmetric Trading, and the Limits to Arbitrage
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Can News About the Future Drive the Business Cycle?
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Natural Selection in Financial Markets: Does It Work?
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Investors' Heterogeneity and Implied Volatility Smiles
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Convex Analysis
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On the Differentiability of the Value Function in Dynamic Models of Economics
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An Intertemporal General Equilibrium Model of Asset Prices
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Implementing Arrow-Debreu Equilibria by Continuous Trading of Few Long-Lived Securities
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Irreversibility and Aggregate Investment
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Stochastic Differential Utility
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