Curriculum Vitae
Herakles M.
Polemarchakis
Articles
A brief note on the
efficiency of equilibrium with costly transactions, Review of Economic
Studies ,
43, 535-542 (1976) (with J. R. Green)
On the desirability of a
totally random monetary policy, Journal of Economic Theory, 15,
345-350 (1977) (with L. Weiss)
On the structure of the
set of fixed price equilibria, Journal of Mathematical Economics , 5,
53-69 (1978) (with G. Laroque)
Fixed wages, layoffs,
unemployment compensation and welfare, American Economic Review,
68, 909-917 (1978) (with L. Weiss)
Unequal treatment in the
core, Econometrica, 46, 1475-1481 (1978) (with M. A. Khan)
Incomplete markets, price
regulation and welfare, American Economic Review, 69, 662-669
(1979)
Equity, efficiency and
advantageous randomness, Quarterly Journal of Economics, 94,
465-470 (1979)
Is there an income effect?,
Journal of Economic Theory, 21, 380-388 (1979)
Implicit contracts and
employment theory, Review of Economic Studies, 46, 97-108 (1979)
Identifiability of the von
Neumann - Morgenstern utility function from asset demands, 151-161 in J.
R. Green and J. A. Scheinkman (eds.), General Equilibrium, Growth and
Trade: Essays in honour of L. McKenzie, xxx-xxx, Academic Press (1979)
(with J. R. Green and L. J. Lau)
On the disaggregation of
excess demand functions, Econometrica, 48, 217-229 (1980) (with
J. D. Geanakoplos)
Recovering cardinal
utility, Review of Economic Studies, 48, 159-166 (1981) (with P.
Dybvig)
Constrained excess demand
functions, Journal of Economic Theory, 25, 323-337 (1981)
We cannot disagree forever,
Journal of Economic Theory, 28, 192-200 (1982) (with J. D.
Geanakoplos)
Homothetic preferences and
aggregation, Quarterly Journal of Economics, 98, 363-369 (1983)
Retroactive Money, Economica
, 50, 301-310 (1983) (with J. Bulow)
Monopolistic quantity
rationing, Quarterly Journal of Economics, 98(Suppl.), 189-197
(1983) (with V. Bφhm, E. Maskin and A. Postlewaite)
Observable probabilistic
beliefs, Journal of Mathematical Economics, 11, 65-75 (1983)
Expectations, demand and
observability, Econometrica, 51, 565-574 (1983)
On the disaggregation of excess demand functions
when prices and aggregate income vary independently, European Economic
Review, 20, 217-229 (1983)
On the transfer paradox, International
Economic Review, 24, 749-760 (1983)
Disaggregation of excess
demand under additive separability, European Economic Review, 20,
311-318 (1983)
Asset markets, general
equilibrium and the neutrality of money, Review of Economic Studies,
51, 127-138 (1984) (with C. Chamley)
Another proposition on the
recoverability of cardinal utility, Journal of Economic Theory,
34, 164-168 (1984) (with D. Rose)
Intertemporally separable
overlapping generations economies, Journal of Economic Theory,
34, 207-215 (1984) (with J. D. Geanakoplos)
On the recoverability of risk and time
preferences from consumption and asset demands, European Economic Review,
25, 115-133 (1984) (with L. Selden)
Approximate aggregation
under uncertainty, Journal of Economic Theory, 38, 180-210 (1986)
(with L. Selden, P. Zipkin and L. Pohlman)
Existence, regularity and
constrained suboptimality of competitive allocations when the asset market is
incomplete, p.65-95 in W. Heller, R. Starr and D. Starrett (eds.), Uncertainty,
Information and Communication: Essays in Honor of K. J. Arrow, Vol. III,
xxx-xxx, Cambridge University Press, (1986) (with J. D. Geanakoplos)
Walrasian indeterminacy and
keynesian macroeconomics, Review of Economic
Studies, 53, 755-779 (1986) (with J. D. Geanakoplos)
Stable cartels, International
Economic Review, 27, 317-327 (1986) (with N. Economides and M. - P.
Donsimoni)
Intertemporal equilibrium
and the transfer paradox, Review of Economic Studies, 54, 147-156
(1987) (with O. Galor)
Portfolio choice, exchange
rates and indeterminacy, Journal of Economic Theory, 46, 414-421
(1988)
Intertemporal equilibrium
and disadvantageous growth, European Economic Review, 33, 59-65
(1989) (with M. - P. Donsimoni)
Asset markets and equilibrium
processes, Review of Economic Studies, 57, .229-254 (1990) (with
J. Dutta)
Convexity and sunspots: a
comment, Journal of Economic Theory, 52, 433-439 (1990) (with D.
Cass)
Noninformative rational
expectations equilibria when assets are nominal: an example, Geneva
Papers on Risk and Insurance Theory, 15, 73-79 (1990) (with K. Mischel and
P. Siconolfi)
Observability and optimality, Journal of Mathematical Economics, 19, 153-165 (1990) (with J. D. Geanakoplos)
Options and equilibrium,
Journal of Mathematical Economics, 19, 107-112 (1990) (with B. - I.
Ku)
Overlapping generations,
p.1899-1960 in W. Hildenbrand and H. Sonnenshein (eds.), Handbook of
Mathematical Economics, Vol. IV,
Asset pricing and
observability, p.9-30 in W. Barnett, B. Cornet, C. d'Aspremont, J. J. -
Gabszewicz and A. Mas - Colell (eds.), Equilibrium Theory and Applications,
xxx-xxx, Cambridge University Press, (1991) (with J. Dutta)
On the aggregate effects of individual risks,
p.475-500 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,
xxx-xxx, Cambridge University Press, (1992) (with J. Dutta)
Competitive equilibria
without free disposal or nonsatiation, Journal of Mathematical Economics , 22,
85-99 (1993) (with P. Siconolfi)
Asset markets and the
information revealed by prices, Economic Theory, 3, 645-661
(1993) (with P. Siconolfi)
Redistribution and Welfare,
Journal of Mathematical Economics, 23, 235-242 (1994) (with M. - P.
Donsimoni)
Generic existence of
competitive equilibria when the asset market is incomplete: a symmetric
argument, Economic Theory, 5, 289-311 (1995) (with P. Siconolfi)
The Relevance of financial
policy, European Economic Review, 39, 1133-1154 (1995) (Wi - th J. Detemple and P. Gottardi)
Generic existence of
competitive equilibria with restricted participation, Journal of
Mathematical Economics ,
28, 289-311 (1997) (with P. Siconolfi)
Nash - Walras equilibria,
Ricerche Economiche, 51, 31-40 (1997) (with
Partial revealation with
rational expectations, Journal of Economic Theory, 80, 171-181
(1998) (with A. Heifetz)
Prices, asset markets and indeterminacy, Journal of Economic Theory, 82, .46-64 (1998) (with P. Siconolfi)
Exchange and optimality,
Economic Theory, 13, 629-xxx (1999) (with
Trade and welfare, in
G. Chichilnisky (ed.), Information, Markets and Social Choice: Essays in
Honour of K. J. Arrow, xxx-xxx, Cambridge University Press, (1999) (with
T. Cordella and
Nash - walras equilibria
of a large economy, Proceedings of the National Academy of Sciences
(USA) ,
97, 5675-5678 (2000) (with
A Role for monetary policy
when prices reveal information: an example, Journal of Economic Theory , 95,
107-115 (2000)(with G. Seccia)
The relevance of extrinsic
uncertainty, Annales d' Economie et de
Statistique, xx, xxx-xxx, (2001) (with L. Ventura)
The identification of preferences
from equilibrium prices: uncertainty, Journal of Economic Theory , 102,
403-420 (2002) (with F. Kόbler, P.-A. Chiappori and
Balance of payments and
the determinacy of interest rates, Review of International Economics,
10, 459-468 (2002) (with M. Salto)
Equilibrium and arbitrage
in incomplete asset markets with fixed prices, Journal of Mathematical
Economics ,
37, 133-155 (2002), (with P. J.-J. Herings)
Equilibrium selections, in G. Bitros (ed.), Essays in
Honor of E. Drandakis, xxx-xxx, Edward Elgar, (2002) (with B. Allen and J.
Dutta)
Asset markets and
investment decisions, International Economic Review, 43, .857-873
(2002) (with A. de Waegenaere and L. Ventura)
Information at equilibrium,
Economic Theory, 2-3, 573-584 (2003) (with
Testable
implications of general equilibrium theory: a differentiable approach, Journal
of Mathematical Economics, 40, 105-119 (2004) (with P.-A.
Chiappori,
Simple markovian
equilibria in economies of overlapping generations, Economic Theory,
24,.623-643 (2004) (with F. Kόbler)
Money and prices under
uncertainty, Review of Economic Studies, 72, 223-246 (2005) (with
T. Nakajima)
Monetary equilibria over
an infinite horizon, Economic Theory, 25, .51-74 (2005) (with G.
Bloise and J. H Drθze)
Pareto improving price
regulation when the asset markets is incomplete, Economic Theory,
25, 135-154 (2005) (with P. J. - J. Herings)
Debt, liquidity and
dynamics, Economic Theory, 27, 179-211 (2006) (with C. Rochon)
"The taxation of
trades in assets, Journal of Economic Theory, 126, 299-313 (2006)
(with A. Citanna and M. Tirelli)
Sunspots, correlation and
competition, Games and Economic Behavior, 56, 174-184 (2006)
(with I. Ray)
Monetary policy and
dynamic efficiency in economies of overlapping generations, International
Journal of Economic Theory, xx, xxx-xxx (xxxx) (with G. Bloise)
The determinacy of
equilibrium in economies of overlapping generations, Economic
Theory, 32, xxx-475 (2007) (with
Pareto improving taxes,
Journal of Mathematical Economics, 44, 682-696 (2008) (with J. D.
Geanakoplos)
Identification of
pareto-improving policies: information as the real invisible hand, Journal
of Mathematical Economics,
44, 167-179 (2008) (with A. Carvajal)