Details about Michael Magill

Access statistics for papers by Michael Magill.

Last updated 2016-03-03. Update your information in the RePEc Author Service.

Short-id: pma388

Working Papers

2005

1. An Equilibrium Model of Managerial Compensation
   IEPR Working Papers, Institute of Economic Policy Research (IEPR) View citations (1)

2004

2. Common Shocks and Relative Compensation Schemes
   IEPR Working Papers, Institute of Economic Policy Research (IEPR) View citations (1)
3. Demography and the Long-run Predictability of the Stock Market
   Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (93)
   Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2002) View citations (5)
   See also Journal Article Demography and the Long-Run Predictability of the Stock Market, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2004) View citations (100) (2004)
4. Demography and the Stock Market
   Theory workshop papers, UCLA Department of Economics View citations (99)

2003

5. Demography and the Long Run Behavior of the Stock Market
   Levine's Working Paper Archive, David K. Levine View citations (4)

2000

6. Equity, Options and Efficiency in the Presence of Moral Hazard
   Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (3)

1995

7. Which Improves Welfare More: Nominal or Indexed Bond ?
   LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (1)
   Also in Department of Economics, California Davis - Department of Economics (1995) View citations (1)
   Working Papers, Southern California - Department of Economics (1995) View citations (1)
   Working Papers, California Davis - Institute of Governmental Affairs (1995) View citations (1)
   See also Journal Article Which improves welfare more: A nominal or an indexed bond?, Economic Theory, Springer (1997) View citations (12) (1997)

1993

8. Icomplete Markets Over an Infinite Horizon: Long-Lived Securities and Speculative Bubbles
   Working Papers, Southern California - Department of Economics
   See also Journal Article Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles, Journal of Mathematical Economics, Elsevier (1996) View citations (78) (1996)
9. Infinite Horizon Incomplete Markets
   Working Papers, Southern California - Department of Economics
   Also in Working Papers, California Davis - Institute of Governmental Affairs (1992) View citations (4)
   DELTA Working Papers, DELTA (Ecole normale supérieure) (1992)
   See also Journal Article Infinite Horizon Incomplete Markets, Econometrica, Econometric Society (1994) View citations (98) (1994)

1990

10. Generic inefficiency of stock market equilibrium when markets are incomplete
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (56)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1988) View citations (19)
    See also Journal Article Generic inefficiency of stock market equilibrium when markets are incomplete, Journal of Mathematical Economics, Elsevier (1990) View citations (84) (1990)

1988

11. A geometric Approach to a Class of Fixed Point Theorem
    Working Papers, Stanford - Institute for Thoretical Economics
12. REAL EFFECTS OF MONEY IN GENERAL EQUILIBRIUM
    Working Papers, Southern California - Department of Economics View citations (1)
    See also Journal Article Real effects of money in general equilibrium, Journal of Mathematical Economics, Elsevier (1992) View citations (40) (1992)

1985

13. Allocation of aggregate and individual risks through financial markets
    CEPREMAP Working Papers (Couverture Orange), CEPREMAP

1978

14. Dynamics Under Uncertainty
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
    See also Journal Article Dynamics under Uncertainty, Econometrica, Econometric Society (1979) View citations (9) (1979)
15. On Cyclical Motion in Dynamic Economics
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science

1977

16. The Origin of Cycling in Dynamic Economic Models Arising from Maxamizing Behavior
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
17. The Stability of Equilibrium
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
    See also Journal Article The Stability of Equilibrium, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1979) View citations (4) (1979)

Undated

18. EQUITY, BONDS, GROWTH AND INFLATION IN A QUADRATIC INFINITE HORIZON ECONOMY
    Department of Economics, California Davis - Department of Economics
19. INCENTIVES AND RISK SHARING IN A STOCK MARKET EQUILIBRIUM
    Department of Economics, California Davis - Department of Economics View citations (5)
20. The Stock Market in the Overlapping Generations
    Department of Economics, California Davis - Department of Economics View citations (7)

Journal Articles

2015

1. Prices and investment with collateral and default
   Journal of Economic Dynamics and Control, 2015, 51, (C), 111-132 View citations (10)

2014

2. Anchoring expectations of inflation
   Journal of Mathematical Economics, 2014, 50, (C), 86-105 View citations (6)
3. Term structure and forward guidance as instruments of monetary policy
   Economic Theory, 2014, 56, (1), 1-32 View citations (6)

2010

4. A COMOMENT CRITERION FOR THE CHOICE OF RISKY INVESTMENT BY FIRMS
   International Economic Review, 2010, 51, (3), 723-744 View citations (1)

2009

5. The probability approach to general equilibrium with production
   Economic Theory, 2009, 39, (1), 1-41 View citations (11)

2008

6. Normative properties of stock market equilibrium with moral hazard
   Journal of Mathematical Economics, 2008, 44, (7-8), 785-806 View citations (1)

2006

7. Common Shocks and Relative Compensation
   Annals of Finance, 2006, 2, (4), 407-420 View citations (6)

2004

8. Demography and the Long-Run Predictability of the Stock Market
   Brookings Papers on Economic Activity, 2004, 35, (1), 241-326 View citations (100)
   See also Working Paper Demography and the Long-run Predictability of the Stock Market, Cowles Foundation Discussion Papers (2004) View citations (93) (2004)

2003

9. Indeterminacy of equilibrium in stochastic OLG models
   Economic Theory, 2003, 21, (2), 435-454 View citations (12)
10. Nonshiftable capital, affine price expectations and convergence to the Golden Rule
    Journal of Mathematical Economics, 2003, 39, (3-4), 239-272 View citations (11)

2002

11. Capital market equilibrium with moral hazard
    Journal of Mathematical Economics, 2002, 38, (1-2), 149-190 View citations (21)

1999

12. Infinite horizon CAPM equilibrium
    Economic Theory, 2000, 15, (1), 103-138 View citations (3)

1997

13. Which improves welfare more: A nominal or an indexed bond?
    Economic Theory, 1997, 10, (1), 1-37 View citations (12)
    See also Working Paper Which Improves Welfare More: Nominal or Indexed Bond ?, LIDAM Discussion Papers CORE (1995) View citations (1) (1995)

1996

14. Book reviews
    Journal of Economics, 1996, 63, (1), 101-123
15. Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles
    Journal of Mathematical Economics, 1996, 26, (1), 133-170 View citations (78)
    See also Working Paper Icomplete Markets Over an Infinite Horizon: Long-Lived Securities and Speculative Bubbles, Working Papers (1993) (1993)

1994

16. Infinite Horizon Incomplete Markets
    Econometrica, 1994, 62, (4), 853-80 View citations (98)
    See also Working Paper Infinite Horizon Incomplete Markets, Working Papers (1993) (1993)

1992

17. Real effects of money in general equilibrium
    Journal of Mathematical Economics, 1992, 21, (4), 301-342 View citations (40)
    See also Working Paper REAL EFFECTS OF MONEY IN GENERAL EQUILIBRIUM, Working Papers (1988) View citations (1) (1988)

1990

18. A geometric approach to a class of equilibrium existence theorems
    Journal of Mathematical Economics, 1990, 19, (1-2), 95-106 View citations (46)
19. Characterisation of generically complete real asset structures
    Journal of Mathematical Economics, 1990, 19, (1-2), 167-194 View citations (27)
20. Existence of equilibrium with incomplete markets
    Journal of Mathematical Economics, 1990, 19, (1-2), 39-67 View citations (43)
21. Generic inefficiency of stock market equilibrium when markets are incomplete
    Journal of Mathematical Economics, 1990, 19, (1-2), 113-151 View citations (84)
    See also Working Paper Generic inefficiency of stock market equilibrium when markets are incomplete, LIDAM Reprints CORE (1990) View citations (56) (1990)

1987

22. Some Results on Comparative Statics under Uncertainty
    International Economic Review, 1987, 28, (2), 493-507 View citations (29)

1985

23. Investment in information acquisition
    Economics Letters, 1985, 19, (3), 221-225 View citations (3)

1983

24. An asymptotic property of equilibrium on futures markets arising from speculation
    Economics Letters, 1983, 11, (4), 371-375

1981

25. Infinite Horizon Programs
    Econometrica, 1981, 49, (3), 679-711 View citations (16)

1980

26. An existence criterion for models of resource allocation over an infinite horizon
    Economics Letters, 1980, 5, (3), 209-213 View citations (1)

1979

27. Dynamics under Uncertainty
    Econometrica, 1979, 47, (4), 843-68 View citations (9)
    See also Working Paper Dynamics Under Uncertainty, Discussion Papers (1978) (1978)
28. Stability of Regular Equilibria and the Correspondence Principle for Symmetric Variational Problems
    International Economic Review, 1979, 20, (2), 297-315 View citations (16)
29. The Stability of Equilibrium
    International Economic Review, 1979, 20, (3), 577-97 View citations (4)
    See also Working Paper The Stability of Equilibrium, Discussion Papers (1977) (1977)

1977

30. A local analysis of N-sector capital accumulation under uncertainty
    Journal of Economic Theory, 1977, 15, (1), 211-219 View citations (34)
31. Some new results on the local stability of the process of capital accumulation
    Journal of Economic Theory, 1977, 15, (1), 174-210 View citations (39)

1976

32. Portfolio selection with transactions costs
    Journal of Economic Theory, 1976, 13, (2), 245-263 View citations (147)
33. The preferability of investment through a mutual fund
    Journal of Economic Theory, 1976, 13, (2), 264-271

Books

2002

1. Theory of Incomplete Markets, Volume 1, vol 1
   MIT Press Books, The MIT Press View citations (69)

Chapters

2010

1. general equilibrium with incomplete markets
   Palgrave Macmillan View citations (1)

1991

2. Incomplete markets
   Chapter 30 in Handbook of Mathematical Economics, 1991, vol. 4, pp 1523-1614 View citations (174)