Hellwig, M., & Güth, W. (1986). The Private Supply of a Public Good. Zeitschrift für Nationalökonomie, 5, 121–159

Hellwig, M. (1985). Geldwert und Geldneutralität: Indirekter Tausch und Geld in der temporären Gleichgewichtstheorie. Das Wirtschaftsstudium, 14, 503–508

Hellwig, M. (1985). What do we know about Currency Competition? Zeitschrift für Wirtschafts- und Sozialwissenschaften, 105, 565–588

Hellwig, M., & Gale, D. (1985). Incentive-Compatible Debt Contracts: The One-Period Problem. Review of Economic Studies, 52, 647–663

Hellwig, M. (1983). Moral Hazard and Monopolistically Competitive Insurance Markets. Geneva Papers on Risk and Insurance, 8, 44–71

Hellwig, M. (1983). A Note on the Implementation of Rational Expectations Equilibria. Economic Letters, 11, 1–8

Hellwig, M. (1982). Rational Expectations and the Markov Property of Temporary Equilibrium Processes. Journal of Mathematical Economics, 9, 135–144

Hellwig, M. (1982). Rational Expectations Equilibrium with Conditioning on Past Prices: A Mean-Variance Example. Journal of Economic Theory, 26, 279–312

Hellwig, M. (1982). Zur Informationseffizienz des Kapitalmarktes. Zeitschrift für Wirtschafts- und Sozialwissenschaften, 102, 1–27

Hellwig, M. (1981). Bankruptcy, Limited Liability, and the Modigliani-Miller Theorem. American Economic Review, 71, 155–170

Hellwig, M. (1980). The Aggregation of Information in Competitive Markets. Journal of Economic Theory, 22, 477–498

Hellwig, M. (1980). Stochastic Processes of Temporary Equilibria: A Note. Journal of Mathematical Economics, 7, 287–299

Hellwig, M. (1977). A Model of Borrowing and Lending with Bankruptcy. Econometrica, 45, 1879–1906

Hellwig, M. (1975). The Demand for Money and Bonds in Continuous-Time Models. Journal of Economic Theory, 11, 462–464

Hellwig, M., & Foley, D. (1975). Asset Management with Trading Uncertainty. Review of Economic Studies, 42, 327–346

Hellwig, M., & Foley, D. (1975). A Note on the Budget Constraint in a Model of Borrowing. Journal of Economic Theory, 11, 305–314

Admati, A. R., & Hellwig, M. (forthcoming). The Bankers' New Clothes: What’s Wrong With Banking and What to Do About It - New and Expanded Edition, 448 p. Princeton University Press

Admati, A. R., & Hellwig, M. (2013). The Bankers' New Clothes: What’s Wrong With Banking and What to Do About It, 398 p. Princeton University Press

Hellwig, M., Spengel, C., Endres, D., Harhoff, D., Heinemann, F., Hüther, M., … Stein, K. (Eds.). (2009). Steuerliche Förderung von Forschung und Entwicklung (FuE) in Deutschland, 8. Berlin/Heidelberg: Springer Verlag

Hellwig, M., Sapir, A., Aghion, P., Bertola, G., Pisani-Ferry, J., Rosati, D., … Wallace, H. (2004). An Agenda for a Growing Europe: The Sapir Report, 208 p. Oxford: Oxford University Press