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Martine Quinzii

(deceased)

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Author-Name: John Geanakoplos & Michael Magill & Martine Quinzii, 2004. "Demography and the Long-Run Predictability of the Stock Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(1), pages 241-326.

    Mentioned in:

    1. L'impact de la démographie sur le prix des actifs
      by bertrandachou@orange.fr (Bertrand Achou) in BS Initiative on 2013-12-19 10:43:28
    2. L'impact de la démographie sur le prix des actifs
      by bertrandachou@orange.fr (Bertrand Achou) in BS Initiative on 2013-12-19 10:43:28
  2. John Geanakoplos & Michael Magill & Martine Quinzii, 2002. "Demography and the Long-run Predictability of the Stock Market," Cowles Foundation Discussion Papers 1380R, Cowles Foundation for Research in Economics, Yale University, revised Jul 2004.

    Mentioned in:

    1. L'impact de la démographie sur le prix des actifs
      by bertrandachou@orange.fr (Bertrand Achou) in BS Initiative on 2013-12-19 10:43:28
    2. L'impact de la démographie sur le prix des actifs
      by bertrandachou@orange.fr (Bertrand Achou) in BS Initiative on 2013-12-19 10:43:28

Working papers

  1. Martine Quinzii, 2016. "Unconventional Monetary Policy and the Safety of the Banking System," 2016 Meeting Papers 1511, Society for Economic Dynamics.

    Cited by:

    1. Jaevin Park, 2020. "Inside Money, Business Cycle, and Bank Capital Requirements," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 103-121, April.
    2. Nathaniel Pancost & Roberto Robatto, 2019. "The Effects of Capital Requirements on Good and Bad Risk Taking," 2019 Meeting Papers 638, Society for Economic Dynamics.
    3. Benigno, Pierpaolo & Robatto, Roberto, 2018. "Private Money Creation, Liquidity Crises, and Government Intervention," CEPR Discussion Papers 13091, C.E.P.R. Discussion Papers.

  2. Michael J. P. Magill & Martine Quinzii & Jean-Charles Rochet, 2013. "A Critique of Shareholder Value Maximization," Swiss Finance Institute Research Paper Series 13-16, Swiss Finance Institute.

    Cited by:

    1. Azar, José, 2017. "Portfolio Diversification, Market Power, and the Theory of the Firm," IESE Research Papers D/1170, IESE Business School.
    2. Philippe De Donder & John E. Roemer, 2013. "An Allegory of the Political Influence of the Top 1%," CESifo Working Paper Series 4478, CESifo.
    3. Elena L. del Mercato & Vincenzo Platino, 2016. "On the regularity of smooth production economies with externalities: Competitive equilibrium à la Nash," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01162039, HAL.
    4. Josef Falkinger, 2014. "In search of economic reality under the veil of financial markets," ECON - Working Papers 154, Department of Economics - University of Zurich.
    5. Justin Leroux, 2015. "Track-and-Trade: A liability approach to climate policy," CIRANO Working Papers 2015s-18, CIRANO.
    6. Maria Cristina Zaccone & Cristina Santhià & Martina Bosone, 2022. "How Hybrid Organizations Adopt Circular Economy Models to Foster Sustainable Development," Sustainability, MDPI, vol. 14(5), pages 1-20, February.

  3. Martine Quinzii & Michael Magill, 2007. "The Probability Approach To General Equilibrium With Production," Working Papers 80, University of California, Davis, Department of Economics.

    Cited by:

    1. Woźny, Łukasz & Growiec, Jakub, 2008. "Intergenerational interactions in human capital accumulation," MPRA Paper 10308, University Library of Munich, Germany.
    2. Bianchi, Milo & Dana, Rose-Anne & Jouini, Elyès, 2021. "Shareholder Heterogeneity, Asymmetric Information, and the Equilibrium Manager," TSE Working Papers 21-1181, Toulouse School of Economics (TSE).
    3. Milo Bianchi & Rose-Anne Dana & Elyès Jouini, 2022. "Equilibrium CEO contract with belief heterogeneity," Post-Print halshs-03839944, HAL.
    4. Magill, Michael & Quinzii, Martine, 2014. "Anchoring expectations of inflation," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 86-105.
    5. Balbus, Łukasz & Reffett, Kevin & Woźny, Łukasz, 2012. "Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment," Journal of Mathematical Economics, Elsevier, vol. 48(2), pages 115-132.
    6. Carvalho, Jaimilton & Orrillo, Jaime & da Silva, Fernanda Rocha Gomes, 2020. "Probability of default in collateralized credit operations for small business," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).

  4. Martine Quinzii & Michael Magill, 2005. "An Equilibrium Model of Managerial Compensation," Working Papers 120, University of California, Davis, Department of Economics.

    Cited by:

    1. Guido Maretto, 2017. "Diversification and screening," Nova SBE Working Paper Series wp610, Universidade Nova de Lisboa, Nova School of Business and Economics.
    2. Guido Maretto, 2011. "Contracts and Market: Risk Sharing with Hidden Types," Working Papers ECARES ECARES 2011-005, ULB -- Universite Libre de Bruxelles.

  5. Martine Quinzii & Michael Magill, 2005. "Common Shocks and Relative Compensation Schemes," Working Papers 132, University of California, Davis, Department of Economics.

    Cited by:

  6. Martine Quinzii & Michael Magill, 2004. "Which Improves Welfare More: Nominal Or Indexed Bond?," Working Papers 230, University of California, Davis, Department of Economics.

    Cited by:

    1. Michael Magill & Martine Quinzii, "undated". "Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy," Department of Economics 98-08, California Davis - Department of Economics.
    2. Jürgen Eichberger & Klaus Rheinberger & Martin Summer, 2014. "Credit Risk in General Equilibrium," CESifo Working Paper Series 4602, CESifo.
    3. Ceyhun Bora Durdu, 2007. "Quantitative Implications of Indexed Bonds in Small Open Economies," 2007 Meeting Papers 482, Society for Economic Dynamics.
    4. Minwook KANG, 2014. "Sunspots and Inflation-indexed Bonds," Economic Growth Centre Working Paper Series 1401, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    5. Peters, David W., 2007. "The behavior of government of Canada real return bond returns," International Review of Financial Analysis, Elsevier, vol. 16(2), pages 152-171.
    6. Eisei Ohtaki & Hiroyuki Ozaki, 2013. "Monetary Equilibria and Knightian Uncertainty," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-032, Keio/Kyoto Joint Global COE Program.
    7. Patrick Minford & Eric Nowell & Bruce Webb, 2003. "Nominal Contracting and Monetary Targets -- Drifting into Indexation," Economic Journal, Royal Economic Society, vol. 113(484), pages 65-100, January.
    8. Minwook Kang, 2020. "Inflation‐Indexed Bonds and Nominal Bonds: Financial Innovation and Precautionary Motives," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(4), pages 721-745, June.

  7. Martine Quinzii & Michael Magill, 2003. "Incentives and Risk Sharing in a Stock Market Equilibrium," Working Papers 3, University of California, Davis, Department of Economics.

    Cited by:

    1. Alberto Bisin & Piero Gottardi & Guido Ruta, 2010. "Equilibrium Corporate Finance," Economics Working Papers ECO2010/01, European University Institute.
    2. Sunanda Roy, 2000. "Risk Sharing through Labor Contracts - Risk Aversion, Market Incompleteness and Employment," Econometric Society World Congress 2000 Contributed Papers 1767, Econometric Society.
    3. Alberto Bisin & Piero Gottardi, 2000. "Decentralizing Incentive Efficient Allocations of Economies with Adverse Selection," Econometric Society World Congress 2000 Contributed Papers 0855, Econometric Society.
    4. Peter Bossaerts & Caroline Fohlin, 2000. "Universal Banking and the Pricing of Securities Risk: Historical Evidence from Germany," Econometric Society World Congress 2000 Contributed Papers 1596, Econometric Society.
    5. Kocherlakota, Narayana R., 1998. "The effects of moral hazard on asset prices when financial markets are complete," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 39-56, February.

  8. Martine Quinzii & Carmen Bevia & JosÅ A. Silva, 2003. "Buying Several Indivisible Goods," Working Papers 258, University of California, Davis, Department of Economics.

    Cited by:

    1. Carmen Beviá, 2010. "Manipulation games in economies with indivisible goods," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 209-222, March.
    2. Alessandra Casella & Aniol Llorente-Saguer & Thomas R. Palfrey, 2010. "Competitive Equilibrium in Markets for Votes," NBER Working Papers 16315, National Bureau of Economic Research, Inc.
    3. Talman, A.J.J. & Yang, Z.F., 2006. "A Discrete Multivariate Mean Value Theorem with Applications," Discussion Paper 2006-106, Tilburg University, Center for Economic Research.
    4. Koshevoy, Gleb A. & Talman, Dolf, 2006. "Competitive equilibria in economies with multiple indivisible and multiple divisible commodities," Journal of Mathematical Economics, Elsevier, vol. 42(2), pages 216-226, April.
    5. Federico Echenique, 2004. "Counting Combinatorial Choice Rules," Game Theory and Information 0404004, University Library of Munich, Germany.
    6. Goossens, D.R. & Müller, R.J. & Spieksma, F.C.R., 2007. "Matrix bids in combinatorial auctions: expressiveness and micro-economic properties," Research Memorandum 016, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    7. Sanchez-Soriano, Joaquin & Lopez, Marco A. & Garcia-Jurado, Ignacio, 2001. "On the core of transportation games," Mathematical Social Sciences, Elsevier, vol. 41(2), pages 215-225, March.
    8. Yang, Yi-You, 2015. "On the Maximal Domain Theorem," MPRA Paper 67265, University Library of Munich, Germany.
    9. Koshevoy, G.A. & Talman, A.J.J., 2006. "Competitive Equilibria in Economies with Multiple Divisible and Indivisible Commodities and No Money," Discussion Paper 2006-51, Tilburg University, Center for Economic Research.
    10. van der Laan, G. & Talman, A.J.J. & Yang, Z.F., 1999. "Existence and Welfare Properties of Equilibrium in an Exchange Economy with Multiple Divisible, Indivisible Commodities and Linear Production Technologies," Discussion Paper 1999-76, Tilburg University, Center for Economic Research.
    11. Danilov, V. & Koshevoy, G. & Lang, C., 2013. "Equilibria in Markets with Indivisible Goods," Journal of the New Economic Association, New Economic Association, vol. 18(2), pages 10-34.
    12. van der Laan, Gerard & Talman, Dolf & Yang, Zaifu, 2002. "Existence and Welfare Properties of Equilibrium in an Exchange Economy with Multiple Divisible and Indivisible Commodities and Linear Production Technologies," Journal of Economic Theory, Elsevier, vol. 103(2), pages 411-428, April.
    13. Ning Sun & Zaifu Yang, 2008. "A Double-Track Auction for Substitutes and Complements," KIER Working Papers 656, Kyoto University, Institute of Economic Research.
    14. Yang, Yi-You, 2013. "Competitive equilibrium with indivisible objects," MPRA Paper 74662, University Library of Munich, Germany, revised 19 Oct 2016.
    15. Ning Sun & Zaifu Yang, 2014. "An Efficient and Incentive Compatible Dynamic Auction for Multiple Complements," Discussion Papers 14/06, Department of Economics, University of York.
    16. van der Laan, G. & Talman, A.J.J. & Yang, Z.F., 2002. "Existence and welfare properties of equilibrium in an exchange economy with multiple divisible and indivisible commodities and linear production," Other publications TiSEM 5a5610bf-4f85-4a25-963c-c, Tilburg University, School of Economics and Management.
    17. Danilov, Vladimir & Koshevoy, Gleb & Murota, Kazuo, 2001. "Discrete convexity and equilibria in economies with indivisible goods and money," Mathematical Social Sciences, Elsevier, vol. 41(3), pages 251-273, May.
    18. Hatfield, John William & Plott, Charles R. & Tanaka, Tomomi, 2016. "Price controls, non-price quality competition, and the nonexistence of competitive equilibrium," Games and Economic Behavior, Elsevier, vol. 99(C), pages 134-163.
    19. Takanori Maehara & Kazuo Murota, 2015. "Valuated matroid-based algorithm for submodular welfare problem," Annals of Operations Research, Springer, vol. 229(1), pages 565-590, June.
    20. Meertens, M.A., 2005. "On balancedness of superadditive games and price equilibria in exchange economies," Economics Letters, Elsevier, vol. 86(1), pages 43-49, January.
    21. Iimura, Takuya, 2003. "A discrete fixed point theorem and its applications," Journal of Mathematical Economics, Elsevier, vol. 39(7), pages 725-742, September.
    22. Sanghak Lee & Greg M. Allenby, 2014. "Modeling Indivisible Demand," Marketing Science, INFORMS, vol. 33(3), pages 364-381, May.
    23. Yang, Zaifu, 2003. "A competitive market model for indivisible commodities," Economics Letters, Elsevier, vol. 78(1), pages 41-47, January.
    24. Satoru Fujishige & Zaifu Yang, 2002. "Existence of an Equilibrium in a General Competitive Exchange Economy with Indivisible Goods and Money," Annals of Economics and Finance, Society for AEF, vol. 3(1), pages 135-147, May.
    25. Satoru Fujishige & Zaifu Yang, 2020. "A Universal Dynamic Auction for Unimodular Demand Types: An Efficient Auction Design for Various Kinds of Indivisible Commodities," Discussion Papers 20/08, Department of Economics, University of York.

  9. Martine Quinzii & Michael Magill & Kristin Van Gaasback, 2003. "The Stock Market in the Overlapping Generations," Working Papers 253, University of California, Davis, Department of Economics.

    Cited by:

    1. Jean-Marc Bonnisseau & Lalaina Rakotonindrainy, 2017. "Existence of equilibrium in OLG economies with increasing returns," Post-Print hal-01275234, HAL.
    2. Monika BÜTLER & Philipp HARMS, 2001. "Old folks and spoiled brats : Why the baby boomers' saving crisis need not be that bad," Cahiers de Recherches Economiques du Département d'économie 01.07, Université de Lausanne, Faculté des HEC, Département d’économie.
    3. Koskela, Erkki & Ollikainen, Markku & Puhakka, Mikk0, 2001. "Renewable Resources in an Overlapping Generations Economy without Capital," Discussion Papers 751, The Research Institute of the Finnish Economy.
    4. Lalaina Rakotonindrainy, 2014. "Existence of equilibrium in OLG economies with durable goods," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01021382, HAL.

  10. John Geanakoplos & Michael Magill & Martine Quinzii, 2003. "Demography and the Long Run Behavior of the Stock Market," Levine's Working Paper Archive 506439000000000269, David K. Levine.

    Cited by:

    1. Takáts, Előd, 2012. "Aging and house prices," Journal of Housing Economics, Elsevier, vol. 21(2), pages 131-141.
    2. Favero, Carlo A. & Gozluklu, Arie E. & Tamoni, Andrea, 2011. "Demographic Trends, the Dividend-Price Ratio, and the Predictability of Long-Run Stock Market Returns," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 46(5), pages 1493-1520, October.
    3. Mikael Juselius & Elod Takats, 2015. "Can demography affect inflation and monetary policy?," BIS Working Papers 485, Bank for International Settlements.
    4. Carlo A. Favero & Arie E. Gozluklu & Haoxi Yang, 2011. "Demographics and The Behaviour of Interest Rates," Working Papers 388, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    5. Elod Takats, 2010. "Ageing and asset prices," BIS Working Papers 318, Bank for International Settlements.
    6. Kim, Sei-Wan & Lee, Bong-Soo & Kim, Young-Min, 2019. "Early 60s is not old enough: Evidence from twenty-one countries’ equity fund markets," Journal of International Money and Finance, Elsevier, vol. 92(C), pages 62-74.
    7. Kiyohiko Nishimura & Elod Takáts, 2012. "Ageing, property prices and money demand," BIS Working Papers 385, Bank for International Settlements.
    8. Carlo A. Favero & Andrea Tamoni, 2010. "Demographics and the Econometrics of the Term Structure of Stock Market Risk," Working Papers 367, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.

  11. John Geanakoplos & Michael Magill & Martine Quinzii, 2002. "Demography and the Long-run Predictability of the Stock Market," Cowles Foundation Discussion Papers 1380, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. P. Siconolfi & A. Citanna, 2007. "Recursive equilibrium in stochastic OLG economies," 2007 Meeting Papers 777, Society for Economic Dynamics.
    2. Xavier Raurich & Thomas Seegmuller, 2017. "Income Distribution by Age Group and Productive Bubbles," Working Papers halshs-01629219, HAL.
    3. Matteo Leombroni & Monika Piazzesi & Martin Schneider & Ciaran Rogers, 2020. "Inflation and the Price of Real Assets," NBER Working Papers 26740, National Bureau of Economic Research, Inc.
    4. Rajnish Mehra & Facundo Piguillem & Edward C. Prescott, 2011. "Costly financial intermediation in neoclassical growth theory," Quantitative Economics, Econometric Society, vol. 2(1), pages 1-36, March.
    5. Olivia S. Mitchell, 2018. "Enhancing risk management for an aging world," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 43(2), pages 115-136, September.
    6. John Geanakoplos, 2008. "Overlapping Generations Models of General Equilibrium," Cowles Foundation Discussion Papers 1663, Cowles Foundation for Research in Economics, Yale University.
    7. Chen, Jiazi & Niu, Linlin, 2023. "How do baby boomers affect interest rates? A functional analysis of the impact of age distribution on macroeconomic trends," Finance Research Letters, Elsevier, vol. 53(C).
    8. Etienne Gagnon & Benjamin K. Johannsen & David López-Salido, 2021. "Understanding the New Normal: The Role of Demographics," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(2), pages 357-390, June.
    9. Butler, Alexander W. & Yi, Hanyi, 2022. "Aging and public financing costs: Evidence from U.S. municipal bond markets," Journal of Public Economics, Elsevier, vol. 211(C).
    10. Marianna Brunetti & Costanza Torricelli, 2010. "Demographics and asset returns: does the dynamics of population ageing matter?," Annals of Finance, Springer, vol. 6(2), pages 193-219, March.
    11. Iwaisako, Tokuo & 祝迫, 得夫 & Ono, Arito & Saito, Amane & Tokuda, Hidenobu, 2016. "Impact of population aging on household savings and portfolio choice in Japan," HIT-REFINED Working Paper Series 61, Institute of Economic Research, Hitotsubashi University.
    12. Yeganeh Forouheshfar & Najat El Mekkaoui & Hippolyte d'Albis, 2019. "Demographics in MENA countries: a major driver for economic growth," PSE Working Papers halshs-02409029, HAL.
    13. Kedar-Levy, Haim, 2006. "Can baby-boomers' retirement increase stock prices?," The Quarterly Review of Economics and Finance, Elsevier, vol. 46(2), pages 284-299, May.
    14. Stefano Colonnello & Roberto Marfè & Qizhou Xiong, 2021. "Housing Yields," Working Papers 2021:21, Department of Economics, University of Venice "Ca' Foscari", revised 2021.
    15. Stefano DellaVigna & Joshua M. Pollet, 2005. "Attention, Demographics, and the Stock Market," NBER Working Papers 11211, National Bureau of Economic Research, Inc.
    16. James Poterba, 2004. "The Impact of Population Aging on Financial Markets," NBER Working Papers 10851, National Bureau of Economic Research, Inc.
    17. Marco Del Negro & Domenico Giannone & Marc Giannoni & Andrea Tambalotti, 2018. "Global trends in interest rates," Staff Reports 866, Federal Reserve Bank of New York.
    18. Wolfgang Kuhle, 2008. "Demography and Equity Premium," MEA discussion paper series 08157, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    19. Döring, Diether & Buth, Rainer & Rosengart, Anja Helena, 2007. "Bedroht die künftige demographische Entwicklung die Vermögenswerte kapitalgedeckter Altersversorgungssysteme? Auswertung des Standes der internationalen Forschung," Arbeitspapiere 128, Hans-Böckler-Stiftung, Düsseldorf.
    20. Kurt G. Lunsford & Kenneth D. West, 2018. "Some Evidence on Secular Drivers of U.S. Safe Real Rates," NBER Working Papers 25288, National Bureau of Economic Research, Inc.
    21. Nicolae B. Gârleanu & Stavros Panageas, 2020. "Heterogeneity and Asset Prices: A Different Approach," NBER Working Papers 26607, National Bureau of Economic Research, Inc.
    22. Kedar-Levy, Haim, 2014. "The potential effect of US baby-boom retirees on stock returns," The North American Journal of Economics and Finance, Elsevier, vol. 30(C), pages 106-121.
    23. Zhigang Feng & Jianjun Miao & Adrian Peralta-Alva & Manuel S. Santos, 2009. "Numerical simulation of nonoptimal dynamic equilibrium models," Working Papers 2009-018, Federal Reserve Bank of St. Louis.
    24. Orrego, Fabrizio, 2011. "Habit formation and sunspots in overlapping generations models," Working Papers 2011-013, Banco Central de Reserva del Perú.
    25. Ansgar Belke & Christian Dreger & Richard Ochmann, 2012. "Do Wealthier Households Save More?: The Impact of the Demographic Factor," Discussion Papers of DIW Berlin 1211, DIW Berlin, German Institute for Economic Research.
    26. Miguel A. Iraola & Manuel S. Santos, 2009. "Long Term Asset Price Volatility and Macroeconomic Fluctuations," Working Papers 2010-1, University of Miami, Department of Economics.
    27. Stefano DellaVigna & Joshua M. Pollet, 2007. "Demographics and Industry Returns," American Economic Review, American Economic Association, vol. 97(5), pages 1667-1702, December.
    28. Marten Hillebrand, 2008. "Pension Systems, Demographic Change, and the Stock Market," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-77972-8, October.
    29. Federico M. Bandi & Bernard Perron & Andrea Tamoni & Claudio Tebaldi, 2014. "The scale of predictability," Working Papers 509, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    30. Tuomas Saarenheimo, 2005. "Ageing, interest rates, and financial flows," Labor and Demography 0508015, University Library of Munich, Germany.
    31. Ronald Lee, 2016. "Macroeconomics, Aging and Growth," NBER Working Papers 22310, National Bureau of Economic Research, Inc.
    32. Alan Guoming Huang & Eric Hughson & J. Chris Leach, 2016. "Generational Asset Pricing, Equity Puzzles, and Cyclicality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 52-71, October.
    33. Orrego, Fabrizio, 2011. "Demografía y precios de activos," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 22, pages 83-101.
    34. Zongwu Cai & Jiazi Chen & Linlin Niu, 2021. "A Semiparametric Model for Bond Pricing with Life Cycle Fundamental," Working Papers 2021-01-06, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    35. Yoshida, Jiro, 2017. "Stock Prices, Regional Housing Prices, and Aggregate Technology Shocks," HIT-REFINED Working Paper Series 72, Institute of Economic Research, Hitotsubashi University.
    36. Andrea Berardi & Michael Markovich & Alberto Plazzi & Andrea Tamoni, 2019. "Mind the (Convergence) Gap: Bond Predictability Strikes Back!," Swiss Finance Institute Research Paper Series 19-52, Swiss Finance Institute.
    37. Marianna Brunetti, 2007. "Population Ageing, Household Portfolios and Financial Asset Returns: a Survey of the Literature," Politica economica, Società editrice il Mulino, issue 2, pages 171-208.
    38. Panageas, Stavros, 2020. "The Implications of Heterogeneity and Inequality for Asset Pricing," Foundations and Trends(R) in Finance, now publishers, vol. 12(3), pages 199-275, November.
    39. Simo-Kengne, Beatrice D. & Riedel, Frank & Demeze-Jouatsa, Ghislain-Herman, 2022. "Demographic Changes and Asset Prices in an Overlapping Generations Model," Center for Mathematical Economics Working Papers 672, Center for Mathematical Economics, Bielefeld University.
    40. K.B. Oh & Xuebin Chen & Jianmei Wang & Geoffrey R. Durden & Nicole El-Haber, 2011. "China’s Changing Demographics and their Influence on Financial Markets," Chapters, in: Lilai Xu (ed.), China’s Economy in the Post-WTO Environment, chapter 3, Edward Elgar Publishing.
    41. George M. Constantinides & John B. Donaldson & Rajnish Mehra, 2005. "Junior is Rich: Bequests as Consumption," NBER Working Papers 11122, National Bureau of Economic Research, Inc.
    42. Hans Fehr & Sabine Jokisch, 2006. "Demographischer Wandel und internationale Finanzmärkte," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 7(4), pages 501-517, November.
    43. Zongwu Cai & Jiazi Chen & Linlin Liu, 2021. "Estimating Impact of Age Distribution on Bond Pricing: A Semiparametric Functional Data Analysis Approach," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202102, University of Kansas, Department of Economics, revised Jan 2021.
    44. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 225-241, January.
    45. Brito, Paulo & Dilao, Rui, 2006. "Equilibrium price dynamics in an overlapping-generations exchange economy," MPRA Paper 699, University Library of Munich, Germany.
    46. Fabrizio Orrego & Stephen Spear, "undated". "Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production," GSIA Working Papers 2012-E38, Carnegie Mellon University, Tepper School of Business.
    47. Steven F. Venti, 2010. "Comment on "Aging Populations, Pension Operations, Potential Economic Disappointment and Its Allocation"," NBER Chapters, in: Demography and the Economy, pages 326-331, National Bureau of Economic Research, Inc.
    48. Maria Pinita Angelia & Rudi Purwono, 2021. "The convergence of financial sector in Asia," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(6), pages 166-173, September.
    49. Auclert, Adrien & Malmberg, Hannes & Martenet, Frederic & Rognlie, Matthew, 2021. "Demographics, Wealth, and Global Imbalances in the Twenty-First Century," CEPR Discussion Papers 16470, C.E.P.R. Discussion Papers.
    50. Felix KUBLER & Karl SCHMEDDERS, 2010. "Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices," Swiss Finance Institute Research Paper Series 10-21, Swiss Finance Institute.
    51. Citanna, Alessandro & Siconolfi, Paolo, 2012. "Recursive equilibrium in stochastic OLG economies: Incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 322-337.
    52. Motavasseli, Ali, 2016. "Essays in environmental policy and household economics," Other publications TiSEM b32e287e-169b-4e89-9878-1, Tilburg University, School of Economics and Management.
    53. Philipp Harms & Philipp an de Meulen, 2009. "The Demographics of Expropriation Risk," Working Papers 09.02, Swiss National Bank, Study Center Gerzensee.
    54. Yoshida, Jiro, 2007. "Technology Shocks and Asset Price Dynamics: The Role of Housing in General Equilibrium," MPRA Paper 6271, University Library of Munich, Germany.
    55. Shaofeng Xu, 2013. "An Equilibrium Analysis of the Rise in House Prices and Mortgage Debt," Staff Working Papers 13-9, Bank of Canada.
    56. Zheng Liu & Mark M. Spiegel, 2011. "Boomer retirement: headwinds for U.S. equity markets?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue aug22.
    57. Saarenheimo, Tuomas, 2005. "Ageing, interest rates, and financial flows," Bank of Finland Research Discussion Papers 2/2005, Bank of Finland.
    58. Robert F. Martin, 2005. "The baby boom: predictability in house prices and interest rates," International Finance Discussion Papers 847, Board of Governors of the Federal Reserve System (U.S.).
    59. Manuel Santos & Jianjun Miao, 2005. "Numerical Solution of Dynamic Non-Optimal Economies," 2005 Meeting Papers 266, Society for Economic Dynamics.
    60. Shihong Zeng & Xinwei Zhang & Xiaowei Wang & Guowang Zeng, 2019. "Population Aging, Household Savings and Asset Prices: A Study Based on Urban Commercial Housing Prices," Sustainability, MDPI, vol. 11(11), pages 1-21, June.
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    1. Emma Moreno Garcia & Juan Pablo Torres-Martinez, 2007. "Equilibrium with default-dependent credit constraints," Textos para discussão 540, Department of Economics PUC-Rio (Brazil).
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    5. Michael Magill & Martine Quinzii, "undated". "Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy," Department of Economics 98-08, California Davis - Department of Economics.
    6. Aloisio Araujo, 2015. "General equilibrium, preferences and financial institutions after the crisis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(2), pages 217-254, February.
    7. Bernard Cornet & Abhishek Ranjan, 2013. "Equilibria in a multi-period economy," Documents de travail du Centre d'Economie de la Sorbonne 13021, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    8. Kevin X. D. Huang & Jan Werner, 2002. "Implementing Arrow-Debreu equilibria by trading infinitely-lived securities," Research Working Paper RWP 02-08, Federal Reserve Bank of Kansas City.
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    13. Miao, Jianjun, 2006. "Competitive equilibria of economies with a continuum of consumers and aggregate shocks," Journal of Economic Theory, Elsevier, vol. 128(1), pages 274-298, May.
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    1. Emma Moreno Garcia & Juan Pablo Torres-Martinez, 2007. "Equilibrium with default-dependent credit constraints," Textos para discussão 540, Department of Economics PUC-Rio (Brazil).
    2. Stefano Bosi & Cuong Le Van & Ngoc-Sang Pham, 2018. "Intertemporal equilibrium with heterogeneous agents, endogenous dividends and collateral constraints," Post-Print halshs-01223969, HAL.
    3. Emma Moreno-García & Juan Pablo Torres-Martínez, 2010. "On equilibrium existence in infinite horizon economies," Working Papers wp315, University of Chile, Department of Economics.
    4. Bernard Cornet & Abhishek Ranjan, 2013. "Equilibria in a multi-period economy," Documents de travail du Centre d'Economie de la Sorbonne 13021, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
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    7. Abdelkrim Seghir & Juan Torres-Martínez, 2008. "Wealth transfers and the role of collateral when lifetimes are uncertain," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 36(3), pages 471-502, September.
    8. Santiago Mira-Navarro, 2002. "Equilibria of heterogeneous economies with a continuum of agents," Documentos de trabajo conjunto ULL-ULPGC 2002-08, Facultad de Ciencias Económicas de la ULPGC.
    9. Duffie, Darrell, 1996. "Incomplete security markets with infinitely many states: An introduction," Journal of Mathematical Economics, Elsevier, vol. 26(1), pages 1-8.
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    11. John Geanakoplos & William R. Zame, 2013. "Collateral Equilibrium: A Basic Framework," Levine's Working Paper Archive 786969000000000741, David K. Levine.
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    51. Rubén Poblete-Cazenave & Juan Torres-Martínez, 2013. "Equilibrium with limited-recourse collateralized loans," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 53(1), pages 181-211, May.
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    72. Iraola, Miguel A. & Sepúlveda, Fabián & Torres-Martínez, Juan Pablo, 2019. "Financial segmentation and collateralized debt in infinite-horizon economies," Journal of Mathematical Economics, Elsevier, vol. 80(C), pages 56-69.
    73. Raad, R., 2012. "Existence of an equilibrium for infinite horizon economies with and without complete information," Journal of Mathematical Economics, Elsevier, vol. 48(4), pages 247-262.
    74. Werner, Jan, 2014. "Rational asset pricing bubbles and debt constraints," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 145-152.

  15. QUINZII, Martine & THISSE, Jacques-François, 1990. "On the optimality of central places," LIDAM Reprints CORE 907, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

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    1. Tomoya Mori & Tony Smith, 2015. "On the spatial scale of industrial agglomerations," ERSA conference papers ersa15p29, European Regional Science Association.
    2. Takatoshi Tabuchi, 2009. "Self-organizing Marketplaces," CIRJE F-Series CIRJE-F-607, CIRJE, Faculty of Economics, University of Tokyo.
    3. MORI Tomoya, 2021. "Regularity in Urban Agglomeration Patterns and Its Macroscopic Implications for Regional Policies (Japanese)," Policy Discussion Papers (Japanese) 21012, Research Institute of Economy, Trade and Industry (RIETI).
    4. Mori, Tomoya & Wrona, Jens, 2023. "Centrality Bias in Inter-City Trade," Ruhr Economic Papers 1013, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    5. Arthur Huang & David Levinson, 2008. "Why retailers cluster: An agent model of location choice on supply chains," Working Papers 201105, University of Minnesota: Nexus Research Group.
    6. Wen-Tai Hsu & Thomas J. Holmes, 2009. "Optimal City Hierarchy: A Dynamic Programming Approach to Central Place Theory," 2009 Meeting Papers 342, Society for Economic Dynamics.
    7. Gilles Duranton, 1997. "La nouvelle économie géographique : agglomération et dispersion," Économie et Prévision, Programme National Persée, vol. 131(5), pages 1-24.
    8. de Palma, André & Papageorgiou, Yorgos Y. & Thisse, Jacques-François & Ushchev, Philip, 2019. "About the origin of cities," Journal of Urban Economics, Elsevier, vol. 111(C), pages 1-13.
    9. Wen-Tai Hsu & Tomoya Mori & Tony E. Smith, 2014. "Spatial Patterns and Size Distributions of Cities," KIER Working Papers 882, Kyoto University, Institute of Economic Research.
    10. Takatoshi Tabuchi & Jacques-Francois Thisse, 2006. "Self-organizing Urban Hierarchy," CIRJE F-Series CIRJE-F-414, CIRJE, Faculty of Economics, University of Tokyo.
    11. Tomoya Mori, 2017. "Central Place Analysis," KIER Working Papers 959, Kyoto University, Institute of Economic Research.
    12. Ralph Braid, 2014. "The socially optimal and equilibrium locations of two stores or libraries with consumer search," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(1), pages 123-136, August.
    13. Hsu, Wen-Tai & Holmes, Thomas J. & Morgan, Frank, 2014. "Optimal city hierarchy: A dynamic programming approach to central place theory," Journal of Economic Theory, Elsevier, vol. 154(C), pages 245-273.
    14. TABUCHI, Takatoshi & THISSE, Jacques-François, 2011. "A new economic geography model of central places," LIDAM Reprints CORE 2267, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    15. Adamson, Jordan, 2021. "Agglomeration and the extent of the market: Theory and experiment on spatially coordinated exchange," Journal of Economic Behavior & Organization, Elsevier, vol. 190(C), pages 838-850.

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    1. Julio Davila & J.H. Jong & Per Krusell & José-Victor Rios Rull, 2012. "Constrainted efficiency in the neoclassical growth model with uninsurable idiosyncratic skocks," PSE-Ecole d'économie de Paris (Postprint) halshs-00751900, HAL.
    2. DRÈZE, Jacques & MINELLI, Enrico & TIRELLI, Mario, 2004. "Production and financial policies under asymmetric information," LIDAM Discussion Papers CORE 2004027, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Richard Arnott & Bruce Greenwald & Joseph E. Stiglitz, 1993. "Information and Economic Efficiency," NBER Working Papers 4533, National Bureau of Economic Research, Inc.
    4. Pascal Stiefenhofer, 2009. "Production in General Equilibrium with Incomplete Markets," Discussion Papers 09/06, Department of Economics, University of York.
    5. Bonnisseau, Jean-Marc & Lachiri, Oussama, 2004. "On the objective of firms under uncertainty with stock markets," Journal of Mathematical Economics, Elsevier, vol. 40(5), pages 493-513, August.
    6. Tarun Sabarwal, 2004. "A Consistent Firm Objective When Markets are Incomplete: Profit Maximization," Econometric Society 2004 North American Summer Meetings 141, Econometric Society.
    7. Charles P. Thomas, 1995. "The Role of Fiscal Policy in an Incomplete Markets Framework," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(3), pages 449-468.
    8. Tarun Sabarwal, 2004. "Value Maximization As An Ex Post Consistent Firm Objective When Markets are Incomplete," GE, Growth, Math methods 0406002, University Library of Munich, Germany, revised 13 May 2005.
    9. Rahul Mukherjee, 2011. "Country Portfolios with Imperfect Corporate Governance," IHEID Working Papers 08-2011, Economics Section, The Graduate Institute of International Studies.
    10. Tirelli, Mario, 2002. "Income Taxation when Markets are Incomplete," MPRA Paper 746, University Library of Munich, Germany.
    11. Emmanuel Farhi & Iván Werning, 2016. "A Theory of Macroprudential Policies in the Presence of Nominal Rigidities," Econometrica, Econometric Society, vol. 84, pages 1645-1704, September.
    12. Davila, Julio, 2008. "The taxation of capital returns in overlapping generations economies without Financial assets," LIDAM Discussion Papers CORE 2008075, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    13. Antonio Jiménez-Martínez, 2009. "Notes on the Constrained Suboptimality Result by J. D. Geanakoplos and H. M. Polemarchakis (1986)," Working Papers DTE 466, CIDE, División de Economía.
    14. Jacques Drèze & Alain Durré & Jacques Drèze & Jean-François Carpantier, 2014. "Fiscal Integration and Growth Stimulation in Europe," Recherches économiques de Louvain, De Boeck Université, vol. 80(2), pages 5-45.
    15. CRES, Herve & TVEDE, Mich, 2001. "Proxy fights in incomplete markets: when majority voting and sidepayments are equivalent," HEC Research Papers Series 726, HEC Paris.
    16. Elena L. del Mercato & Vincenzo Platino, 2016. "On the regularity of smooth production economies with externalities: Competitive equilibrium à la Nash," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01162039, HAL.
    17. Tirelli, Mario, 2006. "The evaluation of public investments under uncertainty," Research in Economics, Elsevier, vol. 60(4), pages 188-198, December.
    18. Jacques Drèze & Oussama Lachiri & Enrico Minelli, 2009. "Stock Prices, Anticipations and Investment in General Equilibrium," Working Papers 0916, University of Brescia, Department of Economics.
    19. Hervé Crès, 2006. "A geometric study of shareholders' voting in incomplete markets: multivariate median and mean shareholder theorems," Post-Print halshs-00119536, HAL.
    20. Zoran Popovic & Marko Backovic, 2017. "Sequential Model of Economic System and Constrained Pareto Optimality," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(1), pages 141-158.
    21. Cass, David & Siconolfi, Paolo & Villanacci, Antonio, 2001. "Generic regularity of competitive equilibria with restricted participation," Journal of Mathematical Economics, Elsevier, vol. 36(1), pages 61-76, September.
    22. CRES, Hervé & TVEDE, Mich, 2004. "The Dreze and Grossman-Hart criteria for production in incomplete markets: Voting foundations and compared political stability," HEC Research Papers Series 794, HEC Paris.
    23. Roberto C. Raimondo, 2003. "Hart Effect And Equilibrium In Incomplete Markets I," Department of Economics - Working Papers Series 876, The University of Melbourne.
    24. Basak, Suleyman & Cass, David & Licari, Juan Manuel & Pavlova, Anna, 2008. "Multiplicity in general financial equilibrium with portfolio constraints," Journal of Economic Theory, Elsevier, vol. 142(1), pages 100-127, September.
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    26. DREZE, Jacques H. & LACHIRI, Oussama & MINELLI, Enrico, 2007. "Shareholder-efficient production plans in a multi-period economy," LIDAM Discussion Papers CORE 2007082, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    27. Tirelli, Mario, 2008. "Constrained inefficiency in GEI: A geometric argument," Journal of Mathematical Economics, Elsevier, vol. 44(11), pages 1197-1214, December.
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    30. Fugarolas, Guadalupe, 2006. "Nash equilibria applied to Spot-financial equilibria in General equilibrium incomplete market models," MPRA Paper 470, University Library of Munich, Germany.
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    32. Zierhut, Michael, 2019. "Nonexistence of constrained efficient production plans," Journal of Mathematical Economics, Elsevier, vol. 83(C), pages 127-136.
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    34. Giraud, Gael, 2003. "Strategic market games: an introduction," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 355-375, July.
    35. Michael Zierhut, 2021. "Generic regularity of differentiated product oligopolies," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(1), pages 341-374, February.
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    37. Cass, David & Pavlova, Anna, 2004. "On trees and logs," Journal of Economic Theory, Elsevier, vol. 116(1), pages 41-83, May.
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    39. Filippo Taddei, 2007. "Collateral, Financial Arrangements and Pareto Optimality," Carlo Alberto Notebooks 64, Collegio Carlo Alberto.
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    45. Wan-hsiang Pan, 1995. "A second welfare theorem for constrained efficient allocations in incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 24(6), pages 577-599.
    46. St-Pierre, Marc, 2018. "A note on multiplicative uncertainty and shareholders’ unanimity," Journal of Mathematical Economics, Elsevier, vol. 77(C), pages 54-58.
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    48. TIRELLI, Mario, 2000. "Capital income taxation when markets are incomplete," LIDAM Discussion Papers CORE 2000011, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    49. Alberto Bisin & John Geanakoplos & Piero Gottardi & Enrico Minelli & Heracles Polemarchakis, 2009. "Markets and Contracts," Working Papers 0915, University of Brescia, Department of Economics.
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    54. Ando, Sakai & Matsumura, Misaki, 2020. "Constrained inefficiency of competitive entrepreneurship," Journal of Mathematical Economics, Elsevier, vol. 88(C), pages 98-103.
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    58. A. Jofré & R. T. Rockafellar & R. J-B. Wets, 2017. "General economic equilibrium with financial markets and retainability," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(1), pages 309-345, January.
    59. Suleyman Basak & David Cass & Juan Manuel Licari & Anna Pavlova, 2006. "Multiplicity and Sunspots in General Financial Equilibrium with Portfolio Constraints," PIER Working Paper Archive 06-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    Cited by:

    1. Alessandro Citanna & Antonio Villanacci, "undated". "Incomplete markets, allocative efficiency and the information revealed by prices," GSIA Working Papers 10, Carnegie Mellon University, Tepper School of Business.
    2. Frank Portier & Omar Licandro & Jean Francois Fagnart, "undated". "Idiosyncratic uncertainty, capacity utilization and the business cycle," Working Papers 96-11, FEDEA.
    3. Li Lin & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2016. "On default and uniqueness of monetary equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(1), pages 245-264, June.
    4. Gottardi, Piero, 1995. "Does sunspot monetary policy matter?," Economics Letters, Elsevier, vol. 47(3-4), pages 297-303, March.
    5. Heracles M. Polemarchakis & G. Seccia, 1994. "A Role for Monetary Policy When Prices Reveal Information: An Example," Working Papers hal-00607666, HAL.
    6. Pradeep Dubey & John Geanakoplos, 2003. "Real Determinacy with Nominal Assets," Cowles Foundation Discussion Papers 1427R, Cowles Foundation for Research in Economics, Yale University, revised Nov 2004.
    7. M. Salto & T. Pietra, 2013. "Welfare and excess volatility of exchange rates," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 501-529, March.
    8. Pradeep Dubey & John Geanakoplos, 2003. "Monetary Equilibrium with Missing Markets," Cowles Foundation Discussion Papers 1389, Cowles Foundation for Research in Economics, Yale University.
    9. Portier, Franck & Tallon, Jean-Marc, 1995. "On the non-neutrality and optimality of monetary policy when financial markets are incomplete: a macroeconomic perspective," Ricerche Economiche, Elsevier, vol. 49(1), pages 33-49, March.
    10. Enrique L. Kawamura, 2004. "Exchange Rate Regimes, Monetary Policy and Banking Performance in Economies with Cash Constraints. Chang and Velasco Revisited," Working Papers 66, Universidad de San Andres, Departamento de Economia, revised Jan 2004.
    11. Hoelle, Matthew, 2015. "On the Pareto efficiency of term structure targeting policies," Mathematical Social Sciences, Elsevier, vol. 77(C), pages 62-69.
    12. Eugeni, Sara, 2015. "Nominal Exchange Rates and Net Foreign Assets' Dynamics: the Stabilization Role of Valuation Effects," MPRA Paper 63549, University Library of Munich, Germany.
    13. Cass, David & Siconolfi, Paolo & Villanacci, Antonio, 2001. "Generic regularity of competitive equilibria with restricted participation," Journal of Mathematical Economics, Elsevier, vol. 36(1), pages 61-76, September.
    14. Gourdel & Triki, 2005. "Monetary Policy with Incomplete Markets," Finance 0503026, University Library of Munich, Germany.
    15. Enrique L. Kawamura, 2003. "Diamond-Dybvig Banks in Two-Good, Two-Currencies, Small Open Economies with Cash-in-Advance Constraints," Working Papers 57, Universidad de San Andres, Departamento de Economia, revised Jan 2004.
    16. Alessandro, CITANNA & Archishman, CHAKRABORTY, 1999. "Moral Hazard, Aggregate Risk and Nominal Linear Financial Contracts," HEC Research Papers Series 683, HEC Paris.
    17. Gersbach, Hans & Faure, Salomon, 2016. "On the Money Creation Approach to Banking," CEPR Discussion Papers 11368, C.E.P.R. Discussion Papers.
    18. BLOISE, Gaetano & DREZE, Jacques H. & POLEMARCHAKIS, Herakles M., 2005. "Monetary equilibria over an infinite horizon," LIDAM Reprints CORE 1750, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    19. Magill, Michael & Quinzii, Martine, 2014. "Anchoring expectations of inflation," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 86-105.
    20. Kawamura, Enrique, 2007. "Exchange rate regimes, banking and the non-tradable sector," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 325-345, March.
    21. P. Dubey & J. Geanakoplos, 2001. "Inside and Outside Money, Gains to Trade, and IS-LM," Department of Economics Working Papers 01-08, Stony Brook University, Department of Economics.
    22. Marta Faias & Emma Moreno-García, 2010. "Incomplete financial markets and differential information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 189-206, May.
    23. Thomas Quint & Martin Shubik, 2004. "A Consumable Money. An Elementary Discussion of Commodity Money, Fiat Money and Credit: Part I," Cowles Foundation Discussion Papers 1455, Cowles Foundation for Research in Economics, Yale University.
    24. Monique Florenzano & Stella Kanellopoulou & Yiannis Vailakis, 2006. "Equilibrium of incomplete markets with money and intermediate banking system," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00112209, HAL.
    25. Neumeyer, Pablo Andres, 1998. "Inflation-stabilization risk in economies with incomplete asset markets," Journal of Economic Dynamics and Control, Elsevier, vol. 23(3), pages 371-391, November.
    26. Nikolaos Romanidis & Dimitrios P. Tsomocos, 2022. "Default and determinacy under quantitative easing," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 95-111, July.
    27. Jean-Marc Tallon, 1995. "Théorie de l'équilibre général avec marchés financiers incomplets," Post-Print halshs-00502526, HAL.
    28. Keen, Steve, 2013. "A monetary Minsky model of the Great Moderation and the Great Recession," Journal of Economic Behavior & Organization, Elsevier, vol. 86(C), pages 221-235.
    29. Bisin, Alberto, 1998. "General Equilibrium with Endogenously Incomplete Financial Markets," Journal of Economic Theory, Elsevier, vol. 82(1), pages 19-45, September.
    30. Wan-hsiang Pan, 1995. "A second welfare theorem for constrained efficient allocations in incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 24(6), pages 577-599.
    31. Matthew Hoelle, 2018. "Stationary inflation and Pareto efficiency with incomplete markets and a large open economy," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 115-128, April.
    32. Pascal Gourdel & Leila Triki, 2005. "Incomplete markets and monetary policy," Cahiers de la Maison des Sciences Economiques b05024, Université Panthéon-Sorbonne (Paris 1).
    33. TIRELLI, Mario, 2000. "Constrained suboptimality and financial innovation in GEI with a single commodity," LIDAM Discussion Papers CORE 2000019, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    34. SALTO, Matteo, 1998. "Indeterminacy of equilibrium allocations in monetary open economies," LIDAM Discussion Papers CORE 1998062, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    35. A. Jofré & R. T. Rockafellar & R. J-B. Wets, 2017. "General economic equilibrium with financial markets and retainability," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(1), pages 309-345, January.
    36. Leo Ferraris, 2002. "Inside versus outside money: indeterminacy in GEI models," Working Papers in Public Economics 62, Department of Economics and Law, Sapienza University of Roma.

  18. Quinzii, M., 1988. "Efficiency Of Marginal Cost Pricing Equilibria," Papers m8807, Southern California - Department of Economics.

    Cited by:

    1. Wan-hsiang Pan, 1995. "A second welfare theorem for constrained efficient allocations in incomplete markets," Journal of Mathematical Economics, Elsevier, vol. 24(6), pages 577-599.
    2. Moriguchi, Chiaki, 1996. "Two-part marginal cost pricing in a pure fixed cost economy," Journal of Mathematical Economics, Elsevier, vol. 26(3), pages 363-385.

  19. GABSZEWICZ, Jean J. & QUINZII, Martine, 1986. "The dynamics of capacity adjustments in a competitive economy," LIDAM Reprints CORE 705, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    Cited by:

    1. H. Kim, 1999. "Economic Capacity Utilization and its Determinants: Theory and Evidence," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 15(4), pages 321-339, December.

  20. Martine Quinzii, 1982. "Core and Competitive Equilibria with Indivisibilities," Cowles Foundation Discussion Papers 644, Cowles Foundation for Research in Economics, Yale University.

    Cited by:

    1. Bhaskar Dutta & Rajiv Vohra, 2001. "Incomplete Information, Credibility and the Core," Working Papers 2001-02, Brown University, Department of Economics.
    2. Gabrielle Demange, 2006. "The strategy structure of some coalition formation games," PSE Working Papers halshs-00590290, HAL.
    3. Caplin, Andrew & Leahy, John, 2014. "A graph theoretic approach to markets for indivisible goods," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 112-122.
    4. Karl Shell & Randall Wright, 1991. "Indivisibilities, lotteries, and sunspot equilibria," Staff Report 133, Federal Reserve Bank of Minneapolis.
    5. Jinpeng Ma, 1998. "Competitive Equilibrium with Indivisibilities," Departmental Working Papers 199809, Rutgers University, Department of Economics.
    6. Jorge Rivera & Michael Florig, 2004. "Indivisible Goods and Fiat Money," Econometric Society 2004 Latin American Meetings 167, Econometric Society.
    7. Harold L. Cole & George J. Mailath & Andrew Postlewaite, "undated". ""Efficient Non-Contractible Investments''," CARESS Working Papres 98-13, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
    8. Jorge Rivera C. & Michael Florig, 2005. "Welfare properties and core for a competitive equilibrium without divisible," Working Papers wp213, University of Chile, Department of Economics.
    9. Toda, Manabu, 2005. "Axiomatization of the core of assignment games," Games and Economic Behavior, Elsevier, vol. 53(2), pages 248-261, November.
    10. Svensson, Lars-Gunnar, 2004. "Strategy-Proof and Fair Wages," Working Papers 2004:8, Lund University, Department of Economics.
    11. Hans Gersbach & Hans Haller, 2003. "Competitive Markets, Collective Decisions and Group Formation," CESifo Working Paper Series 953, CESifo.
    12. Yan-An Hwang & Mau-Hsiang Shih, 2007. "Equilibrium in a Market Game," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(2), pages 387-392, May.
    13. Francoise Forges, 2006. "The Ex Ante Incentive Compatible Core in Exchange Economies with and without Indivisibilities," CESifo Working Paper Series 1686, CESifo.
    14. Lars-Gunnar Svensson, 2009. "Coalitional strategy-proofness and fairness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(2), pages 227-245, August.
    15. Satoru Fujishige & Zaifu Yang, 2002. "Existence of an Equilibrium in a General Competitive Exchange Economy with Indivisible Goods and Money," Annals of Economics and Finance, Society for AEF, vol. 3(1), pages 135-147, May.

  21. Fogelman Francoise & Guesnerie Roger & Quinzii Martine, 1977. "Dynamic processes for tax reform theory," CEPREMAP Working Papers (Couverture Orange) 7703, CEPREMAP.

    Cited by:

    1. Tirole Jean & Guesnerie Roger, 1979. "Gradient projection algorithms for problems in public finance : a note," CEPREMAP Working Papers (Couverture Orange) 7907, CEPREMAP.
    2. Alan Krause, 2004. "The Dynamic Process of Tax Reform," Econometric Society 2004 Australasian Meetings 119, Econometric Society.
    3. Guesnerie, R., 1995. "The genealogy of modern theoretical public economics: From first best to second best," European Economic Review, Elsevier, vol. 39(3-4), pages 353-381, April.
    4. Guy Gilbert, 1982. "Economie de la réforme fiscale et systèmes fiscaux comparés : une revue de littérature," Revue Économique, Programme National Persée, vol. 33(4), pages 750-768.
    5. Gareth D. Myles, 1995. "Imperfect Competition and Industry-Specific Input Taxes," Public Finance Review, , vol. 23(3), pages 336-355, July.

  22. Martine Quinzii & Michael Magill, 1899. "Normative Properties Of Stock Market Equilibrium With Moral Hazard," Working Papers 79, University of California, Davis, Department of Economics.

    Cited by:

    1. Scotchmer, Suzanne & Shannon, Chris, 2019. "Verifiability and group formation in markets," Journal of Economic Theory, Elsevier, vol. 183(C), pages 417-477.

Articles

  1. Magill, Michael & Quinzii, Martine, 2015. "Prices and investment with collateral and default," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 111-132.

    Cited by:

    1. Pham, Ngoc-Sang, 2023. "Some Lectures on Macroeconomics," MPRA Paper 119643, University Library of Munich, Germany.
    2. Pham, Ngoc-Sang, 2025. "(Non-Monotonic) Effects of Productivity and Credit Constraints on Equilibrium Aggregate Production in General Equilibrium Models with Heterogeneous Producers," MPRA Paper 123394, University Library of Munich, Germany.
    3. León-Ledesma, Miguel & Orrillo, Jaime, 2021. "Production, bankruptcy, and financial policies under collateral constraints," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 109-119.
    4. Ngoc-Sang Pham, 2022. "Impacts of (individual and aggregate) productivity and credit shocks on equilibrium aggregate production," Working Papers halshs-03686284, HAL.
    5. Pham, Ngoc-Sang, 2018. "Credit limits and heterogeneity in general equilibrium models with a finite number of agents," MPRA Paper 88736, University Library of Munich, Germany.
    6. Yifei Wu & Jeffrey H Dorfman, 2018. "Reducing residential mortgage default: Should policy act before or after home purchases?," PLOS ONE, Public Library of Science, vol. 13(7), pages 1-23, July.
    7. Pavan, Marina & Barreda-Tarrazona, Iván, 2020. "Should I default on my mortgage even if I can pay? Experimental evidence," Journal of Economic Dynamics and Control, Elsevier, vol. 110(C).
    8. Yifei Wu & Jeffrey H. Dorfman & Brady E. Brewer, 2021. "The susceptibility of farmland loans to default under falling farmland and commodity prices," Agricultural Economics, International Association of Agricultural Economists, vol. 52(4), pages 561-574, July.

  2. Michael Magill & Martine Quinzii & Jean‐Charles Rochet, 2015. "A Theory of the Stakeholder Corporation," Econometrica, Econometric Society, vol. 83(5), pages 1685-1725, September.

    Cited by:

    1. Hart, Oliver D. & Zingales, Luigi, 2017. "Companies Should Maximize Shareholder Welfare Not Market Value," Working Papers 267, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    2. Maarten Pieter Schinkel & Leonard Treuren, 2021. "Corporate Social Responsibility by Joint Agreement," Tinbergen Institute Discussion Papers 21-063/VII, Tinbergen Institute.
    3. Elizabeth Salamanca & Jorge Alcaraz, 2024. "Can high-skilled Mexicans’ migration adopt a positive externality view under a stakeholders’ approach?," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(3), pages 629-644, September.
    4. Zingales, Luigi & Hart, Oliver, 2017. "Companies Should Maximize Shareholder Welfare Not Market Value," CEPR Discussion Papers 12186, C.E.P.R. Discussion Papers.
    5. Elena L. del Mercato & Vincenzo Platino, 2016. "On the regularity of smooth production economies with externalities: Competitive equilibrium à la Nash," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01162039, HAL.
    6. Olivier Beaumais & Mireille Chiroleu-Assouline, 2020. "Informal versus Formal Corporate Social Responsibility: a Tale of Hidden Green Attitude," PSE Working Papers halshs-03073242, HAL.
    7. Gilles Hilary & Laura Xiaolei Liu, 2021. "Blockchain and Other Distributed Ledger Technologies in Finance," Springer Books, in: Raghavendra Rau & Robert Wardrop & Luigi Zingales (ed.), The Palgrave Handbook of Technological Finance, pages 243-268, Springer.
    8. Romec, Arthur, 2023. "Stakeholder orientation and managerial incentives: Evidence from a natural experiment," International Review of Financial Analysis, Elsevier, vol. 88(C).
    9. Zia ur Rehman & Asad Khan & Asim Rahman, 2020. "Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2991-3005, November.
    10. Bejan, Camelia, 2024. "On the shareholders versus stakeholders debate," Journal of Economic Behavior & Organization, Elsevier, vol. 218(C), pages 68-88.
    11. Karca D. Aral & Erasmo Giambona & Luk N. Van Wassenhove, 2023. "Managerial flexibility, capacity investment, and inventory levels," Production and Operations Management, Production and Operations Management Society, vol. 32(12), pages 3890-3907, December.
    12. ZHANG, Jing & ZI, Shuang, 2021. "Socially responsible investment and firm value: The role of institutions," Finance Research Letters, Elsevier, vol. 41(C).
    13. Hao Liang & Luc Renneboog, 2017. "On the Foundations of Corporate Social Responsibility," Journal of Finance, American Finance Association, vol. 72(2), pages 853-910, April.
    14. Dongmin Kong & Jia Liu & Yanan Wang & Ling Zhu, 2024. "Employee Stock Ownership Plans and Corporate Environmental Engagement," Journal of Business Ethics, Springer, vol. 189(1), pages 177-199, January.
    15. Marshall, Andrew & Rao, Sandeep & Roy, Partha P. & Thapa, Chandra, 2022. "Mandatory corporate social responsibility and foreign institutional investor preferences," Journal of Corporate Finance, Elsevier, vol. 76(C).
    16. Ünveren, Burak & Durmaz, Tunç & Sunal, Seçkin, 2023. "AI revolution and coordination failure: Theory and evidence," Journal of Macroeconomics, Elsevier, vol. 78(C).
    17. Vives, Xavier & Azar, José, 2020. "General Equilibrium Oligopoly and Ownership Structure," CEPR Discussion Papers 15499, C.E.P.R. Discussion Papers.
    18. Huo, Xiaolin & Jiang, Dayan & Qiu, Zhigang & Yang, Sijie, 2022. "The impacts of dual carbon goals on asset prices in China," Journal of Asian Economics, Elsevier, vol. 83(C).
    19. Yang, Ruoke, 2022. "What do we learn from ratings about corporate social responsibility? New evidence of uninformative ratings," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    20. Xin, Xianyang & Wong, Jin Boon & Hasan, Mostafa Monzur, 2021. "Stakeholder orientation and cost stickiness," Journal of Behavioral and Experimental Finance, Elsevier, vol. 32(C).
    21. Leung, Woon Sau & Song, Wei & Chen, Jie, 2019. "Does bank stakeholder orientation enhance financial stability?," Journal of Corporate Finance, Elsevier, vol. 56(C), pages 38-63.
    22. Tang, Dragon Yongjun & Zhang, Yupu, 2020. "Do shareholders benefit from green bonds?," Journal of Corporate Finance, Elsevier, vol. 61(C).
    23. Luca Gandullia & Stefano Piserà, 2020. "Do income taxes affect corporate social responsibility? Evidence from European‐listed companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 1017-1027, March.
    24. Camelia Bejan, 2020. "Investment and financing in incomplete markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(1), pages 149-182, February.
    25. Liang, Hao & Wang, Rong & Zhu, Haikun, 2020. "Growing up under Mao and Deng: On the ideological determinants of corporate policies," BOFIT Discussion Papers 20/2020, Bank of Finland Institute for Emerging Economies (BOFIT).
    26. C. Gizem Korpeoglu & Stephen E. Spear, 2018. "A theory of managerial compensation and taxation with endogenous risk," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 81-100, April.
    27. Johannes Kolb, 2019. "Do investment banks create value for their clients? Empirical evidence from European acquisitions," European Financial Management, European Financial Management Association, vol. 25(1), pages 80-115, January.
    28. Woon Sau Leung & Wei Song & Jie Chen, 2018. "Does Bank Stakeholder Orientation Enhance Financial Stability? Evidence from a Natural Experiment," Working Papers 2018-14, Swansea University, School of Management.
    29. Fabrizio Ferraro, 2019. "Going political? Towards deliberative corporate governance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(1), pages 3-20, March.
    30. Billette de Villemeur, Etienne & Leroux, Justin, 2016. "A liability approach to climate policy: A thought experiment," MPRA Paper 75497, University Library of Munich, Germany.
    31. Liu, Xianda & Hou, Wenxuan & Main, Brian G.M., 2022. "Anti-market sentiment and corporate social responsibility: Evidence from anti-Jewish pogroms," Journal of Corporate Finance, Elsevier, vol. 76(C).
    32. Luca Di Simone & Barbara Petracci & Mariacristina Piva, 2022. "Economic Sustainability, Innovation, and the ESG Factors: An Empirical Investigation," Sustainability, MDPI, vol. 14(4), pages 1-16, February.
    33. Moisson, Paul-Henri, 2024. "Social Responsibility, Consequentialism and Public Policy," TSE Working Papers 24-1521, Toulouse School of Economics (TSE).
    34. Lorenzo Dal Maso & Gerald J. Lobo & Francesco Mazzi & Luc Paugam, 2020. "Implications of the Joint Provision of CSR Assurance and Financial Audit for Auditors' Assessment of Going‐Concern Risk†," Contemporary Accounting Research, John Wiley & Sons, vol. 37(2), pages 1248-1289, June.
    35. Reuter, Marco, 2022. "The value of decentralization using the blockchain," ZEW Discussion Papers 22-056, ZEW - Leibniz Centre for European Economic Research.
    36. Li, Yanxi & Yu, Conghui & Shi, Jinyan & Liu, Yuanyuan, 2023. "How does green bond issuance affect total factor productivity? Evidence from Chinese listed enterprises," Energy Economics, Elsevier, vol. 123(C).
    37. Deng, Jing & Liu, Yejiao & Zhuang, Zhitao & Gu, Xuesong & Xing, Xiaoyun, 2024. "Do China and USA differ in the interrelationship between green bond and ESG markets?," International Review of Economics & Finance, Elsevier, vol. 93(PB), pages 919-934.
    38. Md Mosharraf Hossain & Lafang Wang & Jing Yu, 2024. "The reputational costs of corporate environmental underperformance: evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 930-948, February.
    39. Fiordelisi, Franco & Galloppo, Giuseppe & Lattanzio, Gabriele & Paimanova, Viktoriia, 2023. "Looking at socially responsible investment strategies through the lenses of the global ETF industry," Journal of International Money and Finance, Elsevier, vol. 137(C).
    40. DasGupta, Ranjan & Roy, Arup, 2023. "Firm environmental, social, governance and financial performance relationship contradictions: Insights from institutional environment mediation," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    41. Bhutta, Umair Saeed & Tariq, Adeel & Farrukh, Muhammad & Raza, Ali & Iqbal, Muhammad Khalid, 2022. "Green bonds for sustainable development: Review of literature on development and impact of green bonds," Technological Forecasting and Social Change, Elsevier, vol. 175(C).

  3. Magill, Michael & Quinzii, Martine, 2014. "Anchoring expectations of inflation," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 86-105.

    Cited by:

    1. Bernardino Adão & Pedro Teles, 2010. "Short and Long Interest Rate Targets," Working Papers w201015, Banco de Portugal, Economics and Research Department.
    2. Li Lin & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2016. "On default and uniqueness of monetary equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(1), pages 245-264, June.
    3. Hoelle, Matthew, 2015. "On the Pareto efficiency of term structure targeting policies," Mathematical Social Sciences, Elsevier, vol. 77(C), pages 62-69.
    4. McMahon, Michael & Peiris, M. Udara & Polemarchakis, Herakles, 2018. "Perils of unconventional monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 92-114.
    5. Matthew Hoelle, 2018. "Stationary inflation and Pareto efficiency with incomplete markets and a large open economy," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 115-128, April.
    6. Keith Anderson & Tomasz Zastawniak, 2017. "Glamour, value and anchoring on the changing /," The European Journal of Finance, Taylor & Francis Journals, vol. 23(5), pages 375-406, April.

  4. Michael Magill & Martine Quinzii, 2014. "Term structure and forward guidance as instruments of monetary policy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(1), pages 1-32, May.

    Cited by:

    1. Li Lin & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2016. "On default and uniqueness of monetary equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 62(1), pages 245-264, June.
    2. Hoelle, Matthew, 2015. "On the Pareto efficiency of term structure targeting policies," Mathematical Social Sciences, Elsevier, vol. 77(C), pages 62-69.
    3. Hommes, Cars & Makarewicz, Tomasz, 2021. "Price level versus inflation targeting under heterogeneous expectations: a laboratory experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 39-82.
    4. Emilian DOBRESCU, 2020. "Self-fulfillment degree of economic expectations within an integrated space: The European Union case study," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-32, December.
    5. McMahon, Michael & Peiris, M. Udara & Polemarchakis, Herakles, 2018. "Perils of unconventional monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 92-114.
    6. Matthew Hoelle, 2018. "Stationary inflation and Pareto efficiency with incomplete markets and a large open economy," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 115-128, April.

  5. Michael Magill & Martine Quinzii, 2010. "A Comoment Criterion For The Choice Of Risky Investment By Firms," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(3), pages 723-744, August.

    Cited by:

    1. Matthew Sobel, 2013. "Discounting axioms imply risk neutrality," Annals of Operations Research, Springer, vol. 208(1), pages 417-432, September.

  6. Michael Magill & Martine Quinzii, 2009. "The probability approach to general equilibrium with production," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(1), pages 1-41, April.
    See citations under working paper version above.
  7. Magill, Michael & Quinzii, Martine, 2008. "Normative properties of stock market equilibrium with moral hazard," Journal of Mathematical Economics, Elsevier, vol. 44(7-8), pages 785-806, July.
    See citations under working paper version above.
  8. Michael Magill & Martine Quinzii, 2006. "Common Shocks and Relative Compensation," Annals of Finance, Springer, vol. 2(4), pages 407-420, October.

    Cited by:

    1. Pierre Fleckinger, 2012. "Correlation and relative performance evaluation," Post-Print hal-00670892, HAL.
    2. Kellner, Christian, 2015. "Tournaments as a response to ambiguity aversion in incentive contracts," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 627-655.
    3. Martine Quinzii & Michael Magill, 1899. "Normative Properties Of Stock Market Equilibrium With Moral Hazard," Working Papers 79, University of California, Davis, Department of Economics.

  9. Author-Name: John Geanakoplos & Michael Magill & Martine Quinzii, 2004. "Demography and the Long-Run Predictability of the Stock Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(1), pages 241-326.
    See citations under working paper version above.
  10. Michael Magill & Martine Quinzii, 2003. "Indeterminacy of equilibrium in stochastic OLG models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 21(2), pages 435-454, March.

    Cited by:

    1. Zhigang Feng & Matthew Hoelle, 2017. "Indeterminacy in stochastic overlapping generations models: real effects in the long run," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 559-585, February.
    2. Shurojit Chatterji & Subir Chattopadhyay, 2002. "Functional Sunspot Equilibria," Working Papers 0201, Centro de Investigacion Economica, ITAM, revised Nov 2003.
    3. Eisei Ohtaki & Hiroyuki Ozaki, 2014. "Optimality in a Stochastic OLG Model with Ambiguity," Working Papers e069, Tokyo Center for Economic Research.
    4. P. Jean-Jacques Herings & Harold Houba, 2022. "Costless delay in negotiations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 69-93, July.
    5. Martin Barbie & Marten Hillebrand, 2017. "Bubbly Markov Equilibria," Working Papers 1703, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    6. Takeoka, Norio, 2006. "Stationary Markov equilibria on a non-compact self-justified set," Journal of Mathematical Economics, Elsevier, vol. 42(3), pages 269-290, June.
    7. Eisei Ohtaki, 2020. "Optimality in an OLG model with nonsmooth preferences," Working Papers e145, Tokyo Center for Economic Research.
    8. Eisei Ohtaki & Hiroyuki Ozaki, 2013. "Monetary Equilibria and Knightian Uncertainty," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-032, Keio/Kyoto Joint Global COE Program.
    9. Ohtaki, Eisei, 2014. "Tractable graphical device for analyzing stationary stochastic OLG economies," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 16-26.

  11. Magill, Michael & Quinzii, Martine, 2003. "Nonshiftable capital, affine price expectations and convergence to the Golden Rule," Journal of Mathematical Economics, Elsevier, vol. 39(3-4), pages 239-272, June.

    Cited by:

    1. Kunieda, Takuma, 2008. "Asset bubbles and borrowing constraints," Journal of Mathematical Economics, Elsevier, vol. 44(2), pages 112-131, January.
    2. Edgar A. Ghossoub & Robert Reed, 2008. "The Stock Market, Monetary Policy, and Economic Development," Working Papers 0071, College of Business, University of Texas at San Antonio.
    3. Luís Aguiar-Conraria & Karl Shell, 2005. "Capital Gains: Blue Machines And Red Machines," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 50(spec0), pages 437-447.
    4. Edgar A. Ghossoub & Robert R. Reed, 2013. "The Stock Market, Monetary Policy, and Economic Development," Southern Economic Journal, John Wiley & Sons, vol. 79(3), pages 639-658, January.
    5. Marten Hillebrand, 2008. "Pension Systems, Demographic Change, and the Stock Market," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-77972-8, October.
    6. Barinci, Jean-Paul & Cho, Hye-Jin & Drugeon, Jean-Pierre, 2021. "On equilibrium elasticities of substitution in simple overlapping generations economies with heterogeneous goods," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 120-137.
    7. Martin Barbie & Marten Hillebrand, 2017. "Bubbly Markov Equilibria," Working Papers 1703, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    8. Aguiar-Conraria, Luis & Shell, Karl, 2006. "Capital Gains," Working Papers 06-02, Cornell University, Center for Analytic Economics.
    9. Dam, Lammertjan, 2011. "Socially responsible investment in an environmental overlapping generations model," Resource and Energy Economics, Elsevier, vol. 33(4), pages 1015-1027.
    10. Hillebrand, Marten, 2012. "On the optimal size of Social Security in the presence of a stock market," Journal of Mathematical Economics, Elsevier, vol. 48(1), pages 26-38.
    11. Ghossoub, Edgar A. & Reed, Robert R., 2017. "Financial development, income inequality, and the redistributive effects of monetary policy," Journal of Development Economics, Elsevier, vol. 126(C), pages 167-189.

  12. Magill, Michael & Quinzii, Martine, 2002. "Capital market equilibrium with moral hazard," Journal of Mathematical Economics, Elsevier, vol. 38(1-2), pages 149-190, September.

    Cited by:

    1. Quiggin, John & Chambers, Robert G., 2006. "Capital market equilibrium with moral hazard and flexible technology," Journal of Mathematical Economics, Elsevier, vol. 42(3), pages 358-363, June.
    2. Wagner, W.B., 2007. "International risk sharing and government moral hazard," Other publications TiSEM eea59e30-3d51-4f71-bfb2-2, Tilburg University, School of Economics and Management.
    3. Alberto Bisin & Piero Gottardi & Guido Ruta, 2010. "Equilibrium Corporate Finance," Economics Working Papers ECO2010/01, European University Institute.
    4. Bisin, Alberto; & Gottardi, Piero; & Ruta, Guido, 2014. "Equilibrium corporate finance and intermediation," Economics Working Papers ECO2014/09, European University Institute.
    5. Branko Urosevic, 2001. "Moral hazard and dynamics of insider ownership stakes," Economics Working Papers 787, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2004.
    6. Viral V. Acharya & Alberto Bisin, 2009. "Managerial hedging, equity ownership, and firm value," RAND Journal of Economics, RAND Corporation, vol. 40(1), pages 47-77, March.
    7. Blonski, Matthias & von Lilienfeld-Toal, Ulf, 2008. "Excess returns and the distinguished player paradox," University of Göttingen Working Papers in Economics 78, University of Goettingen, Department of Economics.
    8. Wolfgang Buchholz & Jonas Frank & Hans-Dieter Karl & Johannes Pfeiffer & Karen Pittel & Ursula Triebswetter & Jochen Habermann & Wolfgang Mauch & Thomas Staudacher, 2012. "Die Zukunft der Energiemärkte: Ökonomische Analyse und Bewertung von Potenzialen und Handlungsmöglichkeiten," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 57, July.
    9. Alberto Bisin & Gian Luca Clementi & Piero Gottardi, 2014. "Capital Structure and Hedging Demand with Incomplete Markets," NBER Working Papers 20345, National Bureau of Economic Research, Inc.
    10. Calcagno, R. & Wagner, W.B., 2003. "The Inefficiency of the Stock Market Equilibrium under Moral Hazard," Discussion Paper 2003-107, Tilburg University, Center for Economic Research.
    11. Matthias Blonski & Ulf Lilienfeld-Toal, 2023. "Moral hazard with excess returns," Mathematics and Financial Economics, Springer, volume 17, number 6, February.
    12. Calcagno, R. & Wagner, W.B., 2003. "The Inefficiency of the Stock Market Equilibrium under Moral Hazard," Other publications TiSEM 373f263e-04ad-4f4c-9654-7, Tilburg University, School of Economics and Management.
    13. Florackis, Chrisostomos & Kostakis, Alexandros & Ozkan, Aydin, 2009. "Managerial ownership and performance," Journal of Business Research, Elsevier, vol. 62(12), pages 1350-1357, December.
    14. Martine Quinzii & Michael Magill, 1899. "Normative Properties Of Stock Market Equilibrium With Moral Hazard," Working Papers 79, University of California, Davis, Department of Economics.
    15. Wolf Wagner, 2010. "Divestment, Entrepreneurial Incentives, and the Life Cycle of the Firm," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(5‐6), pages 591-611, June.
    16. Calcagno, Riccardo & Wagner, Wolf, 2006. "Dispersed initial ownership and the efficiency of the stock market under moral hazard," Journal of Mathematical Economics, Elsevier, vol. 42(1), pages 36-45, February.

  13. Michael Magill & Martine Quinzii, 2000. "Infinite horizon CAPM equilibrium," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 15(1), pages 103-138.

    Cited by:

    1. Felix Kubler & Karl Schmedders, 2001. "Incomplete Markets, Transitory Shocks, and Welfare," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(4), pages 747-766, October.

  14. Bevia, Carmen & Quinzii, Martine & Silva, Jose A., 1999. "Buying several indivisible goods," Mathematical Social Sciences, Elsevier, vol. 37(1), pages 1-23, January.
    See citations under working paper version above.
  15. Michael Magill & Martine Quinzii, 1997. "Which improves welfare more: A nominal or an indexed bond?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(1), pages 1-37.
    See citations under working paper version above.
  16. Magill, Michael & Quinzii, Martine, 1996. "Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles," Journal of Mathematical Economics, Elsevier, vol. 26(1), pages 133-170.
    See citations under working paper version above.
  17. Magill, Michael & Quinzii, Martine, 1994. "Infinite Horizon Incomplete Markets," Econometrica, Econometric Society, vol. 62(4), pages 853-880, July.
    See citations under working paper version above.
  18. Magill, M. & Quinzii, M., 1992. "Real effects of money in general equilibrium," Journal of Mathematical Economics, Elsevier, vol. 21(4), pages 301-342.
    See citations under working paper version above.
  19. Geanakoplos, J. & Magill, M. & Quinzii, M. & Dreze, J., 1990. "Generic inefficiency of stock market equilibrium when markets are incomplete," Journal of Mathematical Economics, Elsevier, vol. 19(1-2), pages 113-151.
    See citations under working paper version above.
  20. Quinzii, Martine & Thisse, Jacques-Francois, 1990. "On the Optimality of Central Places," Econometrica, Econometric Society, vol. 58(5), pages 1101-1119, September.
    See citations under working paper version above.
  21. Gabszewicz, J. Jaskold & Quinzii, M., 1986. "The dynamics of capacity adjustments in a competitive economy," European Economic Review, Elsevier, vol. 30(4), pages 729-748, August.
    See citations under working paper version above.
  22. Quinzii, Martine & Rochet, Jean-Charles, 1985. "Multidimensional signalling," Journal of Mathematical Economics, Elsevier, vol. 14(3), pages 261-284, June.

    Cited by:

    1. Luis Almeida Costa e & Luis Vasconcelos, 2008. "Share the fame or share the blame? The reputational implications of partnerships," Nova SBE Working Paper Series wp539, Universidade Nova de Lisboa, Nova School of Business and Economics.
    2. Sanghoon Lee, 2007. "The Timing Of Signaling: To Study In High School Or In College?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(3), pages 785-807, August.
    3. , & , & ,, 2008. "Credible ratings," Theoretical Economics, Econometric Society, vol. 3(3), September.
    4. Smart, Michael, 2000. "Competitive Insurance Markets with Two Unobservables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(1), pages 153-169, February.
    5. Guido M. Sandleris, 2005. "Sovereign Defaults: Information, Investment and Credit," 2005 Meeting Papers 21, Society for Economic Dynamics.
    6. Nathan Berg & Jeong‐Yoo Kim & Ilgyun Seon, 2021. "A performance‐based payment: Signaling the quality of a credence good," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(5), pages 1117-1131, July.
    7. Seung Han Yoo, 2016. "Signaling with Two Correlated Characteristics," Discussion Paper Series 1605, Institute of Economic Research, Korea University.
    8. Silvia Rossetto, 2008. "The price of rapid exit in venture capital-backed IPOs," Annals of Finance, Springer, vol. 4(1), pages 29-53, January.
    9. Rochet, Jean-Charles, 1985. "Vers une tarification équitable de l’assurance?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(4), pages 453-471, décembre.
    10. Takaoka, Sumiko, 2005. "The effects of product liability costs on R&D with asymmetric information," Japan and the World Economy, Elsevier, vol. 17(1), pages 59-81, January.
    11. Gottlieb, Daniel & Moreira, Humberto Ataíde & Araújo, Aloísio Pessoa de, 2004. "A model of mixed signals with applications to countersignaling an the GED," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 553, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    12. Jiwoong Lee & Rudolf Müller & Dries Vermeulen, 2019. "Separating equilibrium in quasi-linear signaling games," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(4), pages 1033-1054, December.
    13. Feltovich, N. & Harbaugh, R. & To, T., 1998. "Too Cool for School? A Theory of Counter signaling," The Warwick Economics Research Paper Series (TWERPS) 518, University of Warwick, Department of Economics.
    14. Silvia Rossetto, 2013. "IPO activity and information in secondary market prices," Annals of Finance, Springer, vol. 9(4), pages 667-687, November.
    15. Laurent Linnemer, 2008. "Dissipative Advertising Signals Quality Even Without Repeat Purchases," Working Papers 2008-18, Center for Research in Economics and Statistics.
    16. Aloisio Araujo & Daniel Gottlieb & Humberto Moreira, 2007. "A model of mixed signals with applications to countersignalling," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1020-1043, December.
    17. B. Caillaud & R. Guesnerie & P. Rey & J. Tirole, 1988. "Government Intervention in Production and Incentives Theory: A Review of Recent Contributions," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 1-26, Spring.
    18. Liu, Shuo & Pei, Harry, 2020. "Monotone equilibria in signaling games," European Economic Review, Elsevier, vol. 124(C).
    19. Kyle Bagwell, 2007. "Signalling and entry deterrence: a multidimensional analysis," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 670-697, September.
    20. Seung Hoon D. Chung & Simon C. Parker, 2023. "Founder affiliations: jobseeker reactions and impact on employee recruitment by start-up ventures," Small Business Economics, Springer, vol. 61(1), pages 259-283, June.
    21. Wei Zhang, 2014. "Job Market Signalling With Two Dimensions Of Private Information," Bulletin of Economic Research, Wiley Blackwell, vol. 66(2), pages 113-132, April.
    22. Børsum, Øystein, 2011. "Employee Stock Options," Memorandum 11/2010, Oslo University, Department of Economics.

  23. Ichiishi, Tatsuro & Quinzii, Martine, 1983. "Decentralization for the Core of a Production Economy with Increasing Returns," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(2), pages 397-412, June.

    Cited by:

    1. Kenneth J. Arrow & Timothy J. Kehoe, 1994. "Distinguished Fellow: Herbert Scarf's Contributions to Economics," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 161-181, Fall.
    2. Egbert Dierker, 1986. "When does marginal cost pricing lead to Pareto efficiency?," Journal of Economics, Springer, vol. 5(1), pages 41-66, December.
    3. Antonio Villar Notario, 1994. "Existence and efficiency of equilibrium in economies with increasing returns to scale: An exposition," Working Papers. Serie AD 1994-07, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    4. Jean-Marc Bonnisseau & Vincent Iehlé, 2007. "Payoff-dependent balancedness and cores," PSE-Ecole d'économie de Paris (Postprint) hal-00176203, HAL.
    5. Jean-Marc Bonnisseau & Vincent Iehlé, 2007. "Payoff-dependent balancedness and cores (revised version)," UFAE and IAE Working Papers 678.07, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    6. Fleurbaey, Marc, 1996. "Reward patterns of fair solutions," Journal of Public Economics, Elsevier, vol. 59(3), pages 365-395, March.
    7. Ken Urai & Hiromi Murakami & Weiye Chen, 2023. "Generalization of the social coalitional equilibrium structure," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 11(1), pages 1-25, April.

  24. Quinzii, Martine, 1982. "An existence theorem for the core of a productive economy with increasing returns," Journal of Economic Theory, Elsevier, vol. 28(1), pages 32-50, October.

    Cited by:

    1. Egbert Dierker, 1986. "When does marginal cost pricing lead to Pareto efficiency?," Journal of Economics, Springer, vol. 5(1), pages 41-66, December.
    2. Antonio Villar Notario, 1994. "Existence and efficiency of equilibrium in economies with increasing returns to scale: An exposition," Working Papers. Serie AD 1994-07, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

  25. Fogelman, Francoise & Quinzii, Martine & Guesnerie, Roger, 1978. "Dynamic processes for tax reform theory," Journal of Economic Theory, Elsevier, vol. 17(2), pages 200-226, April.
    See citations under working paper version above.

Chapters

  1. Michael Magill & Martine Quinzii, 2010. "general equilibrium with incomplete markets," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.

    Cited by:

  2. Martine Quinzii, 1992. "Efficiency of Marginal Cost Pricing Equilibria," Palgrave Macmillan Books, in: Mukul Majumdar (ed.), Equilibrium and Dynamics, chapter 14, pages 269-286, Palgrave Macmillan.
    See citations under working paper version above.

Books

  1. Michael Magill & Martine Quinzii (ed.), 2008. "Incomplete Markets," Books, Edward Elgar Publishing, volume 0, number 4204.

    Cited by:

    1. Robert Jarrow, 2010. "Convenience yields," Review of Derivatives Research, Springer, vol. 13(1), pages 25-43, April.
    2. Colino, Jesús P. & Nogales, Francisco J. & Stute, Winfried, 2008. "LIBOR additive model calibration to swaptions markets," DES - Working Papers. Statistics and Econometrics. WS ws085619, Universidad Carlos III de Madrid. Departamento de Estadística.
    3. Robert Jarrow & Philip Protter, 2011. "Foreign currency bubbles," Review of Derivatives Research, Springer, vol. 14(1), pages 67-83, April.
    4. Unyong Pyo, 2011. "Minimax price bounds in incomplete markets," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(3), pages 274-295, July.
    5. Basak, Suleyman & Chabakauri, Georgy, 2009. "Dynamic Mean-Variance Asset Allocation," CEPR Discussion Papers 7256, C.E.P.R. Discussion Papers.
    6. Eva Carceles, 2000. "Asset Prices And Business Cycles Under Market Incompleteness," Computing in Economics and Finance 2000 364, Society for Computational Economics.
    7. Colino, Jesús P., 2008. "Weak convergence in credit risk," DES - Working Papers. Statistics and Econometrics. WS ws085518, Universidad Carlos III de Madrid. Departamento de Estadística.

  2. Michael Magill & Martine Quinzii, 2002. "Theory of Incomplete Markets, Volume 1," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262632543, December.

    Cited by:

    1. Beker, Pablo F. & Cuevas, Conrado, 2018. "The social value of information in economies with mandatory savings," CRETA Online Discussion Paper Series 40, Centre for Research in Economic Theory and its Applications CRETA.
    2. Rodilla, Pablo & García-González, Javier & Baíllo, Álvaro & Cerisola, Santiago & Batlle, Carlos, 2015. "Hydro resource management, risk aversion and equilibrium in an incomplete electricity market setting," Energy Economics, Elsevier, vol. 51(C), pages 365-382.
    3. Julio Deride & Alejandro Jofré & Roger J-B Wets, 2019. "Solving Deterministic and Stochastic Equilibrium Problems via Augmented Walrasian," Computational Economics, Springer;Society for Computational Economics, vol. 53(1), pages 315-342, January.
    4. Jean-Henry Ferrasse & Nandeeta Neerunjun & Hubert Stahn, 2021. "Managing intermittency in the electricity market," AMSE Working Papers 2114, Aix-Marseille School of Economics, France.
    5. Gordan Žitković, 2012. "An example of a stochastic equilibrium with incomplete markets," Finance and Stochastics, Springer, vol. 16(2), pages 177-206, April.
    6. Dumas, Bernard & Lyasoff, Andrew, 2009. "Incomplete-Market Equilibria Solved Recursively on an Event Tree," CEPR Discussion Papers 7138, C.E.P.R. Discussion Papers.
    7. Olga A. Rud & Jean Paul Rabanal & Manizha Sharifova, 2018. "An experiment on the efficiency of bilateral exchange under incomplete markets," Working Papers 123, Peruvian Economic Association.
    8. holmes, james, 2019. "Why do firms incorporate and what difference does it make?," MPRA Paper 93313, University Library of Munich, Germany.
    9. Barnett, William & Su, Liting, 2017. "Financial Firm Production of Inside Monetary and Credit Card Services: An Aggregation Theoretic Approach," MPRA Paper 82061, University Library of Munich, Germany.
    10. Patrick Beissner & Frank Riedel, 2019. "Equilibria Under Knightian Price Uncertainty," Econometrica, Econometric Society, vol. 87(1), pages 37-64, January.
    11. Hoog S. van der, 2005. "On the Micro-Dynamics of a Cash-in-Advance Economy," CeNDEF Working Papers 05-04, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    12. Eric Langlais, 2012. "Safety and the allocation of costs in large accidents," Post-Print hal-01411623, HAL.
    13. Krebs, Tom, 2005. "Fundamentals, information, and international capital flows: A welfare analysis," European Economic Review, Elsevier, vol. 49(3), pages 579-598, April.
    14. Miguel Vazquez & Michelle Hallack, 2013. "Short-term allocation of gas networks in the EU and gas-electricity input foreclosure," RSCAS Working Papers 2013/41, European University Institute.
    15. Aloisio Araujo & Alain Chateauneuf & José Heleno Faro, 2012. "Pricing rules and Arrow-Debreu ambiguous valuation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00685413, HAL.
    16. Philippe Bich & Bernard Cornet, 2009. "Existence of pseudo-equilibria in a financial economy," Post-Print hal-00629764, HAL.
    17. Yue Ma, 2008. "Incomplete financial market and the sequence of international trade liberalization," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 13(1), pages 108-117.
    18. Haug, Jørgen & Hens, Thorsten & Wöhrmann, Peter, 2011. "Risk Aversion in the Large and in the Small," Discussion Papers 2011/12, Norwegian School of Economics, Department of Business and Management Science.
    19. Franklin Allen & Douglas Gale, 2003. "Financial Fragility, Liquidity and Asset Prices," Center for Financial Institutions Working Papers 01-37, Wharton School Center for Financial Institutions, University of Pennsylvania.
    20. Roberto C. Raimondo, 2003. "Hart Effect And Equilibrium In Incomplete Markets I," Department of Economics - Working Papers Series 876, The University of Melbourne.
    21. Alessandro, CITANNA, 1999. "Financial Innovation and Price Volatility," HEC Research Papers Series 685, HEC Paris.
    22. Agnieszka Lipieta & Andrzej Malawski, 2016. "Price versus quality competition: in search for Schumpeterian evolution mechanisms," Journal of Evolutionary Economics, Springer, vol. 26(5), pages 1137-1171, December.
    23. V. Filipe MARTINS-DA-ROCHA & YIANNIS VAILAKIS, 2008. "Endogenous Transaction Costs," Discussion Papers 0810, University of Exeter, Department of Economics.
    24. Kenneth L. Judd & Sy-Ming Guu, 2001. "Asymptotic Methods for Asset Market Equilibrium Analysis," NBER Working Papers 8135, National Bureau of Economic Research, Inc.
    25. Bianchi, Milo & Dana, Rose-Anne & Jouini, Elyès, 2021. "Shareholder Heterogeneity, Asymmetric Information, and the Equilibrium Manager," TSE Working Papers 21-1181, Toulouse School of Economics (TSE).
    26. Eduardo Siandra, 2002. "The Economics of financial Matching," Documentos de Trabajo (working papers) 1002, Department of Economics - dECON.
    27. Anthropelos, Michail & Kardaras, Constantinos & Vichos, Georgios, 2020. "Effective risk aversion in thin risk-sharing markets," LSE Research Online Documents on Economics 102275, London School of Economics and Political Science, LSE Library.
    28. Milo Bianchi & Rose-Anne Dana & Elyès Jouini, 2022. "Equilibrium CEO contract with belief heterogeneity," Post-Print halshs-03839944, HAL.
    29. Eduardo Dávila & Anton Korinek, 2016. "Pecuniary Externalities in Economies with Financial Frictions," NBER Working Papers 22444, National Bureau of Economic Research, Inc.
    30. Agnieszka Lipieta, 2015. "Producers’ Adjustment Trajectories Resulting in Equilibrium in the Economy with Linear Consumption Sets," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 7(4), pages 187-204, December.
    31. Eduardo Dávila, 2023. "Optimal Financial Transaction Taxes," Journal of Finance, American Finance Association, vol. 78(1), pages 5-61, February.
    32. Robert M. Anderson & Roberto C. Raimondo, 2003. "Market Clearing and Derivative Pricing," Discussion Papers 03-17, University of Copenhagen. Department of Economics.
    33. Arnold, Lutz G., 2023. "On the neutrality of socially responsible investing," Theoretical Economics, Econometric Society, vol. 18(1), January.
    34. Agnieszka Lipieta & Ilona Ćwięczek, 2022. "Mechanisms leading to equilibrium in economy with financial market," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4166-4182, October.
    35. Dow, G.K. & Skillman, G.L., 1998. "Collective Choice and Control Rights in Firms," Discussion Papers dp98-08, Department of Economics, Simon Fraser University.
    36. Haim Levy & Enrico De Giorgi & Thorsten Hens, "undated". "Prospect Theory and the CAPM: A contradiction or coexistence?," IEW - Working Papers 157, Institute for Empirical Research in Economics - University of Zurich.
    37. Michael Magill, 2000. "Equity, Options and Efficiency in the Presence of Moral Hazard," Econometric Society World Congress 2000 Contributed Papers 1845, Econometric Society.
    38. Miguel Vazquez & Michelle Hallack, 2016. "Short-Term Allocation Of Gas Networks And Gas-Electricity Input Foreclosure," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 126, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    39. Rodolfo Apreda, 2001. "The Brokerage of Asymmetric Information," CEMA Working Papers: Serie Documentos de Trabajo. 190, Universidad del CEMA.
    40. Vasco Molini & Michiel Keyzer & Bart van den Boom & Wouter Zant & Nicholas Nsowah-Nuamah, 2010. "Safety Nets and Index-Based Insurance: Historical Assessment and Semiparametric Simulation for Northern Ghana," Economic Development and Cultural Change, University of Chicago Press, vol. 58(4), pages 671-712, July.
    41. Miguel Vazquez & Michelle Hallac, 2014. "Analysis Of The Strategic Use Of Forward Contracting In Electricity Markets," Anais do XLI Encontro Nacional de Economia [Proceedings of the 41st Brazilian Economics Meeting] 129, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    42. Hellwig, Klaus, 2004. "Portfolio selection subject to growth objectives," Journal of Economic Dynamics and Control, Elsevier, vol. 28(10), pages 2119-2128, September.
    43. Ma, Wei, 2018. "Real indeterminacy of general equilibrium under Knightian uncertainty," Journal of Mathematical Economics, Elsevier, vol. 79(C), pages 106-111.
    44. Marco Celentani & J. Ignacio Conde-Ruiz & Klaus Desmet, "undated". "Inflation in open economies with complete markets," Working Papers 2004-12, FEDEA.
    45. Beißner, Patrick, 2016. "Radner Equilibria under Ambiguous Volatility," Center for Mathematical Economics Working Papers 493, Center for Mathematical Economics, Bielefeld University.
    46. Tajibaeva, Liaila, 2005. "Integrated economy of humans and biological resources: A general equilibrium approach," 2005 Annual meeting, July 24-27, Providence, RI 19312, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    47. Ward, William A., 2000. "Globalization and Its Implications: The Size and Location of Manufacturing Sector Export Firms in South Carolina," Working Papers 112957, Clemson University, Center for International Trade.
    48. Michail Anthropelos & Nikolaos E. Frangos & Stylianos Z. Xanthopoulos & Athanasios N. Yannacopoulos, 2008. "On contingent claims pricing in incomplete markets: A risk sharing approach," Papers 0809.4781, arXiv.org, revised Feb 2012.
    49. Valeriy M. Marakulin, 2017. "Contracts and domination in incomplete markets: what is a true core?," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(1), pages 81-108, April.
    50. Chaiki Hara & Atsushi Kajii, 2004. "Risk-Free Bond Prices in Incomplete Markets with Recursive Utility Functions and Multiple Beliefs," KIER Working Papers 590, Kyoto University, Institute of Economic Research.
    51. Frank Niehaus, 2000. "A Simple Option Pricing Model With Heterogeneous Agents," Computing in Economics and Finance 2000 342, Society for Computational Economics.
    52. Gilboa, Itzhak & Samuelson, Larry & Schmeidler, David, 2022. "Learning (to disagree?) in large worlds," Journal of Economic Theory, Elsevier, vol. 199(C).
    53. Hayashi, Takashi, 2014. "Consumer surplus analysis under uncertainty: A general equilibrium perspective," Journal of Mathematical Economics, Elsevier, vol. 55(C), pages 154-164.
    54. Bernard Dumas & Pascal Maenhout, 2002. "A Central-Planning Approach to Dynamic Incomplete-Market Equilibrium," Levine's Working Paper Archive 391749000000000523, David K. Levine.
    55. William A. Barnett & Liting Su, 2017. "Financial Firm Production Of Inside Monetary And Credit Card Services: An Aggregation Theoretic Approach1," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201707, University of Kansas, Department of Economics, revised Oct 2017.
    56. Piero Gottardi & Rohit Rahi, 2012. "Risk-Sharing and Retrading in Incomplete Markets," Economics Working Papers ECO2012/03, European University Institute.
    57. Alexander Mihailov, 2004. "Effects of the exchange-rate regime on trade: the role of price setting," Money Macro and Finance (MMF) Research Group Conference 2003 66, Money Macro and Finance Research Group.
    58. Aloisio Araujo & J. Mauricio Villalba, 2022. "Equilibrium efficiency with secured and unsecured assets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 1025-1049, June.

  3. Quinzii, Martine, 1993. "Increasing Returns and Economic Efficiency," OUP Catalogue, Oxford University Press, number 9780195065534.

    Cited by:

    1. Sushama Murty, 2014. "Necessary and sufficient conditions for an environmental Kuznets curve with some illustrative examples," Discussion Papers 1407, University of Exeter, Department of Economics.
    2. Murty, Sushama, 2006. "Externalities and Fundamental Nonconvexities: A Reconciliation of Approaches to General Equilibrium Externality Modeling and Implications for Decentralization," Economic Research Papers 269649, University of Warwick - Department of Economics.

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