Herakles M. Polemarchakis

 

 

http://www2.warwick.ac.uk/fac/soc/economics/staff/faculty/polemarchakis_

 

 

Articles

 

 

“A brief note on the efficiency of equilibrium with costly transactions,” Review of Economic Studies , 43, (1976) (with J. R. Green)

 

“On the desirability of a totally random monetary policy,” Journal of Economic Theory, 15, (1977) (with L. Weiss)

 

“On the structure of the set of fixed price equilibria,” Journal of Mathematical Economics , 5, (1978) (with G. Laroque)

 

“Fixed wages, layoffs, unemployment compensation and welfare,” American Economic Review, 68, (1978) (with L. Weiss)

 

“Unequal treatment in the core,” Econometrica, 46, (1978) (with M. A. Khan)

 

“Incomplete markets, price regulation and welfare,” American Economic Review, 69, (1979)

 

“Equity, efficiency and advantageous randomness,” Quarterly Journal of Economics, 94, (1979)

 

“Is there an income effect ?,” Journal of Economic Theory, 21, (1979)

 

“Implicit contracts and employment theory,” Review of Economic Studies, 46, (1979)

 

“Identifiability of the von Neumann - Morgenstern utility function from asset demands,” in J. R. Green and J. A. Scheinkman (eds.), General Equilibrium, Growth and Trade: Essays in honour of L. McKenzie, Academic Press (1979) (with J. R. Green and L. J. Lau)

 

“On the disaggregation of excess demand functions,” Econometrica, 48, (1980) (with J. D. Geanakoplos)

 

“Recovering cardinal utility,” Review of Economic Studies, 48, (1981) (with P. Dybvig)

 

“Constrained excess demand functions,” Journal of Economic Theory, 25, (1981)

 

“We cannot disagree forever,” Journal of Economic Theory, 28, (1982) (with J. D. Geanakoplos)

 

“Homothetic preferences and aggregation,” Quarterly Journal of Economics, 98, (1983)

 

"Retroactive Money", Economica , 50, (1983) (with J. Bulow)

 

“Monopolistic quantity rationing,” Quarterly Journal of Economics, 98(Suppl.), (1983) (with V. Böhm, E. Maskin and A. Postlewaite)

 

“Observable probabilistic beliefs,” Journal of Mathematical Economics, 11, (1983)

 

“Expectations, demand and observability,” Econometrica, 51, (1983)

 

“On the disaggregation of excess demand functions when prices and aggregate income vary independently,” European Economic Review, 20, (1983)

 

“On the transfer paradox,” International Economic Review, 24, (1983)

 

“Disaggregation of excess demand under additive separability,” European Economic Review, 20, (1983)

 

“Asset markets, general equilibrium and the neutrality of money,” Review of Economic Studies, 51, (1984) (with C. Chamley)

 

“Another proposition on the recoverability of cardinal utility,” Journal of Economic Theory, 34, (1984) (with D. Rose)

 

“Intertemporally separable overlapping generations economies,” Journal of Economic Theory, 34, (1984) (with J. D. Geanakoplos)

 

“On the recoverability of risk and time preferences from consumption and asset demands,” European Economic Review, 25, (1984) (with L. Selden)

 

“Approximate aggregation under uncertainty,” Journal of Economic Theory, 38, (1986) (with L. Selden, P. Zipkin and L. Pohlman)

 

“Existence, regularity and constrained suboptimality of competitive allocations when the asset market is incomplete,” in W. Heller, R. Starr and D. Starrett (eds.), Uncertainty, Information and Communication: Essays in Honor of K. J. Arrow, Vol. III, Cambridge University Press, (1986) (with J. D. Geanakoplos)

 

“Walrasian indeterminacy and keynesian macroeconomics,” Review of Economic Studies, 53, (1986) (with J. D. Geanakoplos)

 

“Stable cartels,” International Economic Review, 27, (1986) (with N. Economides and M. - P. Donsimoni)

 

“Intertemporal equilibrium and the transfer paradox,” Review of Economic Studies, 54, (1987) (with O. Galor)

 

“Portfolio choice, exchange rates and indeterminacy,” Journal of Economic Theory, 46, (1988)

 

“Intertemporal equilibrium and disadvantageous growth,” European Economic Review, 33, (1989) (with M. - P. Donsimoni)

 

 “Asset markets and equilibrium processes,” Review of Economic Studies, 57, (1990) (with J. Dutta)

 

“Convexity and sunspots: a comment,” Journal of Economic Theory, 52, (1990) (with D. Cass)

 

“Noninformative rational expectations equilibria when assets are nominal: an example,” Geneva Papers on Risk and Insurance Theory, 15, (1990) (with K. Mischel and P. Siconolfi)

 

“Options and equilibrium,” Journal of Mathematical Economics, 19, (1990) (with B. - I. Ku)

 

“Observability and optimality,” Journal of Mathematical Economics, 19, (1990) (with J. D. Geanakoplos)

 

“Overlapping generations,” in W. Hildenbrand and H. Sonnenshein (eds.), Handbook of Mathematical Economics, Vol. IV, North Holland, (1991) (with J. D. Geanakoplos)

 

“Asset pricing and observability,” in W. Barnett, B. Cornet, C. d'Aspremont, J. J. - Gabszewicz and A. Mas - Colell (eds.), Equilibrium Theory and Applications, Cambridge University Press, (1991) (with J. Dutta)

 

“On the aggregate effects of individual risks,” in P. S. Dasgupta, D. Gale, O. D. Hart and E. Maskin (eds.), Economic Analysis of Markets and Games: Essays in Honor of F.H. Hahn, Cambridge University Press, (1992) (with J. Dutta)

 

“Competitive equilibria without free disposal or nonsatiation,” Journal of Mathematical Economics , 22, (1993) (with P. Siconolfi)

 

“Asset markets and the information revealed by prices,” Economic Theory, 3, (1993) (with P. Siconolfi)

 

“Redistribution and Welfare,” Journal of Mathematical Economics, 23, (1994) (with M. - P. Donsimoni)

 

“Generic existence of competitive equilibria when the asset market is incomplete: a symmetric argument,” Economic Theory, 5, (1995) (with P. Siconolfi)

 

“The Relevance of financial policy,” European Economic Review, 39, (1995) (Wi - th J. Detemple and P. Gottardi)

 

“Generic existence of competitive equilibria with restricted participation,” Journal of Mathematical Economics , 28, (1997) (with P. Siconolfi)

 

“Nash - Walras equilibria,” Ricerche Economiche, 51, (1997) (with S. Ghosal)

 

“Partially revealing rational expectations equilibria,” Journal of Economic Theory, 80, (1998) (with A. Heifetz)

 

“Prices, asset markets and indeterminacy,” Journal of Economic Theory, 82, (1998) (with P. Siconolfi)

 

“Exchange and optimality,” Economic Theory, 13, (1999) (with S. Ghosal)

 

“Trade and welfare,” in G. Chichilnisky (ed.), Information, Markets and Social Choice: Essays in Honour of K. J. Arrow, Cambridge University Press, (1999) (with T. Cordella and E. Minelli)

 

“Nash - walras equilibria of a large economy,” Proceedings of the National Academy of Sciences (USA) , 97, (2000) (with E. Minelli)

 

“A Role for monetary policy when prices reveal information: an example,” Journal of Economic Theory , 95, (2000)(with G. Seccia)

 

“The relevance of extrinsic uncertainty,” Annales d' Economie et de Statistique, xx, (2001) (with L. Ventura)

 

“The identification of preferences from equilibrium prices: uncertainty,” Journal of Economic Theory , 102, (2002) (with F. Kübler, P.-A. Chiappori and I. Ekeland)

 

“Balance of payments and the determinacy of interest rates,” Review of International Economics, 10, (2002) (with M. Salto)

 

“Equilibrium and arbitrage in incomplete asset markets with fixed prices,” Journal of Mathematical Economics , 37, (2002), (with P. J.-J. Herings)

 

“Equilibrium selections,” in G. Bitros (ed.), Essays in Honor of E. Drandakis, Edward Elgar, (2002) (with B. Allen and J. Dutta) eqs.pdf

 

“Asset markets and investment decisions,” International Economic Review, 43, (2002) (with A. de Waegenaere and L. Ventura)

 

“Information at equilibrium,” Economic Theory, 2-3, (2003) (with E. Minelli)

 

“Testable implications of general equilibrium theory: a differentiable approach,” Journal of Mathematical Economics, 40, (2004) (with P.-A. Chiappori, I. Ekeland and F. Kübler)

 

“Simple markovian equilibria in economies of overlapping generations,” Economic Theory, 24 (2004) (with F. Kübler)

 

“Money and prices under uncertainty,” Review of Economic Studies, 72 (2005) (with T. Nakajima)

 

“Monetary equilibria over an infinite horizon,” Economic Theory, 25 (2005) (with G. Bloise and J. H Drèze)

 

“Pareto improving price regulation when the asset markets is incomplete,” Economic Theory, 25, (2005) (with P. J. - J. Herings)

 

“Debt, liquidity and dynamics,” Economic Theory, 27 (2006) (with C. Rochon)

 

The taxation of trades in assets,” Journal of Economic Theory, 126 (2006) (with A. Citanna and M. Tirelli)

 

“Sunspots, correlation and competition,” Games and Economic Behavior, 56 (2006) (with I. Ray)

 

“Monetary policy and dynamic efficiency in economies of overlapping generations,’’ International Journal of Economic Theory, forthcoming (with G. Bloise)

 

“Frequency of trade and the determinacy of equilibrium paths: logarithmic economies of overlapping generations,” Economic

Theory, forthcoming (with S. Demichelis)

 

“Pareto improving taxes,” Journal of Mathematical Economics, forthcoming (with J. D. Geanakoplos)

 

“Identification of pareto-improving policies: information as the real invisible hand,” Journal of Mathematical Economics,

forthcoming (with A. Carvajal)