Search Results - "Polemarchakis, H.M."

Pareto improving taxes by Geanakoplos, John, Polemarchakis, H.M.

“…We show that in almost every economy with separable externalities, every competitive equilibrium can be Pareto improved by a package of anonymous commodity…”
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Identification of Pareto-improving policies: Information as the real invisible hand by Carvajal, Andrés, Polemarchakis, H.M.

“…Finite sets of market data may not suffice to determine Pareto-improving policies…”
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The taxation of trades in assets by Citanna, A., Polemarchakis, H.M., Tirelli, M.

“…When the asset market is incomplete, there typically exist taxes on trades in assets that are Pareto improving. This fiscal policy is anonymous, it is fully…”
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Erratum to “The taxation of trades in assets” [J. Economic Theory 126 (2006) 299–313] by Citanna, A., Polemarchakis, H.M., Tirelli, M.

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The Identification of Preferences from Equilibrium Prices under Uncertainty by Kübler, F., Chiappori, P.-A., Ekeland, I., Polemarchakis, H.M.

“…The competitive equilibrium correspondence, which associates equilibrium prices of commodities and assets with allocations of endowments, identifies the…”
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Testable implications of general equilibrium theory: a differentiable approach by Chiappori, P.-A., Ekeland, I., Kübler, F., Polemarchakis, H.M.

“…Is general equilibrium theory empirically testable? Our perspective on this question differs from the standard, Sonnenschein–Debreu–Mantel (SDM) viewpoint…”
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A Role for Monetary Policy when Prices Reveal Information: An Example by Polemarchakis, H.M., Seccia, G.

“…In an example, monetary policy can determine the information revealed by prices, and thus it can be effective. Monetary policy that varies only with public…”
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Generic existence of competitive equilibria with restricted participation by Polemarchakis, H.M., Siconolfi, P.

“…The generic existence of competitive equilibria when the asset market is incomplete extends to general economies with restricted participation…”
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Prices, Asset Markets and Indeterminacy by Polemarchakis, H.M., Siconolfi, P.

“…Competitive equilibrium allocations are indeterminate when the net trades in commodities are constrained, while the asset market is incomplete. The model…”
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The relevance of financial policy by Detemple, J., Gottardi, P., Polemarchakis, H.M.

“…When the asset market is incomplete, equilibrium allocations are not invariant to changes in the financial policies of firms: in the presence of secondary…”
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Nash–Walras equilibria by GHOSAL, S., POLEMARCHAKIS, H.M.

“…At a Nash–Walras equilibrium, individuals exchange commodities competitively, and, simultaneously, they interact strategically. Under standard assumptions,…”
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