Production-Based Asset Pricing and the Link Between Stock Returns andEconomic Fluctuations

John H. Cochrane

The Journal of Finance, Vol. 46, No. 1. (Mar., 1991), pp. 209-237.

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Production-Based Asset Pricing and the Link Between Stock Returns and EconomicFluctuationsJohn H. CochraneThe Journal of Finance, Vol. 46, No. 1. (Mar., 1991), pp. 209-237.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199103%2946%3A1%3C209%3APAPATL%3E2.0.CO%3B2-7

This article references the following linked citations. If you are trying to access articles from anoff-campus location, you may be required to first logon via your library web site to access JSTOR. Pleasevisit your library's website or contact a librarian to learn about options for remote access to JSTOR.

[Footnotes]

1 Permanent and Temporary Components of Stock PricesEugene F. Fama; Kenneth R. FrenchThe Journal of Political Economy, Vol. 96, No. 2. (Apr., 1988), pp. 246-273.Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28198804%2996%3A2%3C246%3APATCOS%3E2.0.CO%3B2-B

1 Stock Market Prices do not Follow Random Walks: Evidence from a Simple SpecificationTestAndrew W. Lo; A. Craig MacKinlayThe Review of Financial Studies, Vol. 1, No. 1. (Spring, 1988), pp. 41-66.Stable URL:

http://links.jstor.org/sici?sici=0893-9454%28198821%291%3A1%3C41%3ASMPDNF%3E2.0.CO%3B2-U

1 The Term Structure as a Predictor of Real Economic ActivityArturo Estrella; Gikas A. HardouvelisThe Journal of Finance, Vol. 46, No. 2. (Jun., 1991), pp. 555-576.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199106%2946%3A2%3C555%3ATTSAAP%3E2.0.CO%3B2-0

http://www.jstor.org

LINKED CITATIONS- Page 1 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.

1 The Stock Market and InvestmentRobert J. BarroThe Review of Financial Studies, Vol. 3, No. 1, National Bureau of Economic Research Conference:Stock Market Volatility and the Crash, Dorado Beach, March 16-18, 1989. (1990), pp. 115-131.Stable URL:

http://links.jstor.org/sici?sici=0893-9454%281990%293%3A1%3C115%3ATSMAI%3E2.0.CO%3B2-P

1 Stock Returns, Real Activity, Inflation, and MoneyEugene F. FamaThe American Economic Review, Vol. 71, No. 4. (Sep., 1981), pp. 545-565.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28198109%2971%3A4%3C545%3ASRRAIA%3E2.0.CO%3B2-D

1 Stock Returns, Expected Returns, and Real ActivityEugene F. FamaThe Journal of Finance, Vol. 45, No. 4. (Sep., 1990), pp. 1089-1108.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199009%2945%3A4%3C1089%3ASRERAR%3E2.0.CO%3B2-1

4 The Present Value of Profits and Cyclical Movements in InvestmentAndrew B. Abel; Olivier J. BlanchardEconometrica, Vol. 54, No. 2. (Mar., 1986), pp. 249-273.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198603%2954%3A2%3C249%3ATPVOPA%3E2.0.CO%3B2-1

4 Investment, Adjustment Costs, and UncertaintyRoger CraineInternational Economic Review, Vol. 16, No. 3. (Oct., 1975), pp. 648-661.Stable URL:

http://links.jstor.org/sici?sici=0020-6598%28197510%2916%3A3%3C648%3AIACAU%3E2.0.CO%3B2-K

4 The Dynamic Demand for Capital and LaborMatthew D. ShapiroThe Quarterly Journal of Economics, Vol. 101, No. 3. (Aug., 1986), pp. 513-542.Stable URL:

http://links.jstor.org/sici?sici=0033-5533%28198608%29101%3A3%3C513%3ATDDFCA%3E2.0.CO%3B2-C

http://www.jstor.org

LINKED CITATIONS- Page 2 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.

5 The Role of Conditioning Information in Deducing Testable Restrictions Implied by DynamicAsset Pricing ModelsLars Peter Hansen; Scott F. RichardEconometrica, Vol. 55, No. 3. (May, 1987), pp. 587-613.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198705%2955%3A3%3C587%3ATROCII%3E2.0.CO%3B2-Y

6 Predicting Stock Returns in an Efficient MarketRonald J. Balvers; Thomas F. Cosimano; Bill McDonaldThe Journal of Finance, Vol. 45, No. 4. (Sep., 1990), pp. 1109-1128.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199009%2945%3A4%3C1109%3APSRIAE%3E2.0.CO%3B2-3

6 Asset Prices in an Exchange EconomyRobert E. Lucas, Jr.Econometrica, Vol. 46, No. 6. (Nov., 1978), pp. 1429-1445.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28197811%2946%3A6%3C1429%3AAPIAEE%3E2.0.CO%3B2-I

References

The Present Value of Profits and Cyclical Movements in InvestmentAndrew B. Abel; Olivier J. BlanchardEconometrica, Vol. 54, No. 2. (Mar., 1986), pp. 249-273.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198603%2954%3A2%3C249%3ATPVOPA%3E2.0.CO%3B2-1

Predicting Stock Returns in an Efficient MarketRonald J. Balvers; Thomas F. Cosimano; Bill McDonaldThe Journal of Finance, Vol. 45, No. 4. (Sep., 1990), pp. 1109-1128.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199009%2945%3A4%3C1109%3APSRIAE%3E2.0.CO%3B2-3

http://www.jstor.org

LINKED CITATIONS- Page 3 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.

The Stock Market and InvestmentRobert J. BarroThe Review of Financial Studies, Vol. 3, No. 1, National Bureau of Economic Research Conference:Stock Market Volatility and the Crash, Dorado Beach, March 16-18, 1989. (1990), pp. 115-131.Stable URL:

http://links.jstor.org/sici?sici=0893-9454%281990%293%3A1%3C115%3ATSMAI%3E2.0.CO%3B2-P

The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-RationalAlternativesJohn H. CochraneThe American Economic Review, Vol. 79, No. 3. (Jun., 1989), pp. 319-337.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28198906%2979%3A3%3C319%3ATSOTOT%3E2.0.CO%3B2-P

Investment, Adjustment Costs, and UncertaintyRoger CraineInternational Economic Review, Vol. 16, No. 3. (Oct., 1975), pp. 648-661.Stable URL:

http://links.jstor.org/sici?sici=0020-6598%28197510%2916%3A3%3C648%3AIACAU%3E2.0.CO%3B2-K

The Term Structure as a Predictor of Real Economic ActivityArturo Estrella; Gikas A. HardouvelisThe Journal of Finance, Vol. 46, No. 2. (Jun., 1991), pp. 555-576.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199106%2946%3A2%3C555%3ATTSAAP%3E2.0.CO%3B2-0

Stock Returns, Real Activity, Inflation, and MoneyEugene F. FamaThe American Economic Review, Vol. 71, No. 4. (Sep., 1981), pp. 545-565.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28198109%2971%3A4%3C545%3ASRRAIA%3E2.0.CO%3B2-D

Stock Returns, Expected Returns, and Real ActivityEugene F. FamaThe Journal of Finance, Vol. 45, No. 4. (Sep., 1990), pp. 1089-1108.Stable URL:

http://links.jstor.org/sici?sici=0022-1082%28199009%2945%3A4%3C1089%3ASRERAR%3E2.0.CO%3B2-1

http://www.jstor.org

LINKED CITATIONS- Page 4 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.

Permanent and Temporary Components of Stock PricesEugene F. Fama; Kenneth R. FrenchThe Journal of Political Economy, Vol. 96, No. 2. (Apr., 1988), pp. 246-273.Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28198804%2996%3A2%3C246%3APATCOS%3E2.0.CO%3B2-B

The Role of Conditioning Information in Deducing Testable Restrictions Implied by DynamicAsset Pricing ModelsLars Peter Hansen; Scott F. RichardEconometrica, Vol. 55, No. 3. (May, 1987), pp. 587-613.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198705%2955%3A3%3C587%3ATROCII%3E2.0.CO%3B2-Y

Stock Market Prices do not Follow Random Walks: Evidence from a Simple Specification TestAndrew W. Lo; A. Craig MacKinlayThe Review of Financial Studies, Vol. 1, No. 1. (Spring, 1988), pp. 41-66.Stable URL:

http://links.jstor.org/sici?sici=0893-9454%28198821%291%3A1%3C41%3ASMPDNF%3E2.0.CO%3B2-U

Asset Prices in an Exchange EconomyRobert E. Lucas, Jr.Econometrica, Vol. 46, No. 6. (Nov., 1978), pp. 1429-1445.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28197811%2946%3A6%3C1429%3AAPIAEE%3E2.0.CO%3B2-I

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation ConsistentCovariance MatrixWhitney K. Newey; Kenneth D. WestEconometrica, Vol. 55, No. 3. (May, 1987), pp. 703-708.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28198705%2955%3A3%3C703%3AASPSHA%3E2.0.CO%3B2-F

Two Models of Measurements and the Investment AcceleratorThomas J. SargentThe Journal of Political Economy, Vol. 97, No. 2. (Apr., 1989), pp. 251-287.Stable URL:

http://links.jstor.org/sici?sici=0022-3808%28198904%2997%3A2%3C251%3ATMOMAT%3E2.0.CO%3B2-T

http://www.jstor.org

LINKED CITATIONS- Page 5 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.

The Dynamic Demand for Capital and LaborMatthew D. ShapiroThe Quarterly Journal of Economics, Vol. 101, No. 3. (Aug., 1986), pp. 513-542.Stable URL:

http://links.jstor.org/sici?sici=0033-5533%28198608%29101%3A3%3C513%3ATDDFCA%3E2.0.CO%3B2-C

http://www.jstor.org

LINKED CITATIONS- Page 6 of 6 -

NOTE: The reference numbering from the original has been maintained in this citation list.