MARTINE QUINZII
Professor of Economics
Curriculum Vitae
Martine Quinzii
Department of Economics,
University of California, Davis, CA 95616.
e-mail: mmquinzii@ucdavis.edu
Tel: 530-752 1567
Fax: 530-752 9382
Fields of Specialization
General Equilibrium, Public Economics, Financial Economics and Monetary Theory.
Education
Habilitation a Diriger des Recherches, Université Paris II, 1988
Doctorate of Economics, Université Paris II, 1986
Ecole Normale Supérieure, Paris, 1968-1972
Diplome d'Etudes Approfondies (DEA): Probability Theory, Université Paris VI, 1972
Aggregation de Mathematiques, 1971
Maitrise de Mathematiques, Université Paris VI, 1970
Employment
Professor, University of California, Davis, 1991-present
Chair, Department of Economics, University of California, Davis, 1995-1999
Associate Professor, University of Southern California, Los Angeles, 1987-1991
Visiting Associate Professor, University of Southern California, Los Angeles, 1986-1987
Maitre de Conference, Department of Economics, Université Paris II, 1983-1986
Maitre-Assistant, Department of Economics, Université Aix- Marseille III, 1979-1983
Research Associate, Laboratoire d' Econométrie de l'Ecole Polytechnique, 1979-1986
Assistant, Departement de Mathematiques, Université Marseille-Luminy, 1975-1979
Lecturer in Mathematics, Lycée H. Daumier, Marseille, 1972-1975
Visiting Appointments / Research Workshops
Visiting Professor, Cowles Foundation, Yale University, Fall 2002
SITE Summer Workshop, Stanford University, July 2002
SITE Summer Workshop, Stanford University, July 2001
Visiting Professor, Cowles Foundation, Yale University, Fall 2000
SITE Summer Workshop, Stanford University, July 1999
SITE Summer Workshop, Stanford University, July 1997
SITE Summer Workshop, Stanford University, July 1996
Visiting Professor, Department of Economics, University of Bonn, October-December 1994
Visiting Professor, CORE, Louvain La Neuve, Belgium, September 1994
BOWO Workshop, University of Bonn, July 1992
SITE Summer Workshop, Stanford University, July 1991
Visiting Associate Professor, Department of Economics, University of Bonn, Spring 1990
Visiting Associate Professor, Institute of Economics, University of Copenhagen, Feb. 1990
IMSS Summer Workshop, Stanford University, Summer 1989
BOWO Workshop, University of Bonn, June 1989
BOWO Workshop, University of Bonn, June 1988
IMSSS Summer Workshop, Stanford University, Summer 1987
IMSSS Summer Workshop, Stanford University, August 1984
Visiting scholar, Cowles Foundation, Yale University, Spring 1982
Visiting scholar, Department of Economics, University of Bonn, May 1977
Visiting scholar, Department of Economics, University of Warwick, May 1976
Editorial Responsabilities
Associate Editor, Econometrica, 1991 - 2003
Associate Editor, Mathematical Social Sciences, 1994 to present
Associate Editor, Journal of Mathematical Economics, 1989-1995
Guest Editor, Journal of Mathematical Economics, Special Issue on the Conferences at Davis, Tokyo and Venice, vol 41, Issues 4-5.
Associate Editor, Annals of Finance, 2005 to present
Grants
§ National Science Foundation Grant #SES-8911877: Money, Financial Assets, and Incomplete Markets, with M. Magill and W. Shafer, 1989-1991
§ National Science Foundation Grant #SES-8709990: Analysis of Incomplete Markets, with M. Magill and W. Shafer, 1987-1989
§ Grant from the French Commissariat General au Plan: Planification et Incitations, with J.C. Rochet and D. Henriet, 1984-1985
§ Grant from the French Commissariat General au Plan: Analyse Stratégique Des Choix Economiques, with H. Moulin, and G. Demange, 1983-1984
§ Grant from the French Commissariat Général au Plan: Planification Décentralisée, with H. Moulin and G. Demange, 1981-1983
Awards and Distinctions
§ Fellow of the Econometric Society (2000)
§ Who is Who’s of Teachers in America, (1998)
§ Vouters Prize for Thesis, Rendements Croissants et Equilibre Général, Université Paris II, (1986)
Publications
BOOKS
§ Theory of Incomplete Markets, with M. Magill, MIT Press, 1996
§ Increasing Returns and Efficiency, Oxford University Press, 1992.
§ Rendements Croissants et Efficacité Economique, Monographies d'Econométrie, Editions du Centre National de la Recherche Scientifique, Paris, 1988.
ARTICLES
The probability approach to general equilibrium with production, 2007, with M. Magill, forthcoming, Economic theory
Normative Properties of Stock Market Equilibrium with Moral Hazard, 2005, with M. Magill, forthcoming, Journal of Mathematical Economics
§ “Common Shock and Relative Compensation”, with M. Magill, Annals of Finance, 2006, 2, pp. 407-420
§ "Demography and the Long-run Predictability of the Stock Market", with John Geanakoplos and M. Magill, in Brookings Papers on Economic Activity, 2004, 1, pp. 241-307
§ “Nonshiftable Capital, Affine Price Expectations, and Convergence to the Golden Rule”, with Michael Magill, Journal of Mathematical Economics, vol 39, 2003, pp 239-272.
§ “Indeterminacy of Equilibrium in Stochastic OLG models”, with Michael Magill, Economic Theory, Vol. 21, 2003, pp 435-454
§ “Incentives and the Stock Market in General Equilibrium,” with M. Magill, General Equilibrium: Problems, Prospects and Alternatives, F. Hahn and F. Pietri eds, New-York: Routledge, 2003.
§ “Intermediation, The Stock Market and Intergenerational Transfers,” with M. Magill, in General Equilibrium: Problems, Prospects and Alternatives, F. Hahn and F. Pietri eds, New-York: Routledge, 2003.
§ “Capital Market Equilibrium with Moral Hazard,” with M. Magill, Journal of Mathematical Economics, vol. 38, 2002, pp. 149-190 .
§ “Infinite Horizon CAPM Equilibrium”, with M. Magill, Economic Theory, vol. 15, 2000, pp. 103-138
“Incentives and Risk Sharing in a Stock Market Equilibrium”, with M. Magill, in Current Trends in Economics: Theory and Applications, Volume 8, A. Alkan, C.D. Aliprantis and N.C. Yannelis eds., Springer-Verlag, 1999.
“Buying Several Indivisible Goods”, with C. Bevia, J. A. Silva, Mathematical Social Sciences, vol. 37, 1999, pp 1-25.
§ “Which Improves Welfare More: a Nominal or an Indexed Bond? “, with M. Magill, Economic Theory, vol. 10, 1997, pp. 1-38.
§ “Incomplete Markets Over An Infinite Horizon: Long Lived Securities and Speculative Bubbles”, with M. Magill, Journal of Mathematical Economics, vol. 26, 1996, pp. 133-170.
§ “Infinite Horizon Incomplete Markets”, with M. Magill, Econometrica, vol. 62, 1994, pp. 853-880.
§ “Real Effects of Money in General Equilibrium,” with M. Magill, Journal of Mathematical Economics, vol. 21, 1992, pp. 301-342.
§ “Efficiency of Marginal Cost Pricing Equilibrium”, in Equilibrium and Dynamics, Essays in Honor of David Gale, M. Majumdar ed., Macmillan, 1992.
§ “The Non-Neutrality of Money in a Production Economy with Nominal Assets,” with M. Magill, in Equilibrium Theory and Applications, W.A. Barnett et al., eds, Cambridge University Press, 1991.
§ “On the Optimality of Central Places” with J. Thisse, Econometrica, 1990, vol. 58, pp. 1101-1120.
§ “Generic Inefficiency of Stock Market Equilibrium When Markets are Incomplete” with J. Geanakoplos, M. Magill and J. Dreze, Journal of Mathematical Economics, 1990, vol. 19, pp. 113-152.
§ “The Dynamics of Capacity Adjustments in a Competitive Economy,” with J. Jaskold-Gabszewicz, European Economic Review, 1986, vol. 30, pp. 729-748.
§ “Multidimensional Signalling” with J.C. Rochet, Journal of Mathematical Economics, vol. 14, 1985, pp. 261-284.
§ “Core and Competitive Equilibria with Indivisibilities,” International Journal of Game Theory, vol. 13, 1984, pp. 41-60.
§ “Decentralization for the Core of a Production Economy with Increasing Returns” with T. Ichiishi, International Economic Review, vol. 24, 1983, pp. 397-412.
§ “An Existence Theorem for the Core of a Productive Economy with Increasing Returns,” Journal of Economic Theory, vol. 18, 1982, pp. 32-50.
§ “Définition et Existence du Noyau dans un Modèle d'Economie où la Production Présente des Rendements Croissants”, Cahiers du Séminaire d'Econométrie, no. 23, 1981, pp. 105-119.
§ “Asymptotic Value of Mixed Games” with F. Fogelman, Mathematics of Operations Research, vol. 5, 1980, pp. 86-93.
§ “A Stable Path to Optimal Taxation,” with F. Fogelman and R. Guesnerie, in New Trends in Dynamic System Theory and Economics, Academic Press, 1979, pp. 365-375.
§ “Dynamic Processes for Tax Reform Theory” with F. Fogelman and R. Guesnerie, Journal of Economic Theory, vol. 17, 1978, pp. 200-226.
BOOK REVIEWs and Miscelleanous
§ Review of: Speculative Bubbles, Speculative Attacks, and Policy Switching, by R.P. Flood and P.M. Garber, MIT Press, 1994, with M. Magill, in Journal of Economics, vol. 63, 1996, pp. 114-118.
§ “Convexe (Economie)”, in Dictionnaire des Sciences Economiques, D. Gaumont, C. Jessua, C. Labrousse and D. Vitry eds, Paris: Presses Universitaires de France, 2001.
§ Review of: General Equilibrium Foundation of Finance—Structure of Incomplete Markets models, by T. Hens and B. Pilgrim, in Journal of Economics, vol. 82, 2004, pp. 315-317.
Invited Lectures
§ Pareto Lecture, ASSET Meeting, University of Bologna, October 1998
§ The Firm with Incomplete Markets, Lecture at the University of Strasbourg, April 1990
§ Lectures on Incomplete Markets, with M. Magill, W. Shafer, University of Bonn, March 1990
§ Lectures on Incomplete Markets, with M. Magill, W. Shafer, University of Copenhagen, February 1990
§ The Firm with Incomplete Markets, Series of Lectures on Incomplete Markets, BOWO, University of Bonn, June 1988
Recent Seminar and Conference Presentations
§ Paper Presented “An Equilibrium model of Executive Compensation”
Economic Seminar, ITAM, March 2005
CARESS Economic Seminar, University of Pennsylvania, April 2005
Seminaire Roy, Paris, France, June 2005
Theoretical Public Economic Conference, Marseilles, France, June 2005
Theory Seminar, University of Southern California, September 2005
Midwest Theory Conference, University of Kansas, 2005
§ Paper presented “Demography and the Long-Run Predictability of the Stock Market”
Economic Seminar, UC Riverside, February 2004
Economic Theory Seminar, University of Zurich, June 2003
Economic Theory Conference, Rhodes, July 2003
Economic Theory Seminar, Stanford University, October 2003
§ Paper Presented “Indeterminacy of Equilibrium in OLG Economy”
Workshop on Incomplete Markets , Stony Brook, July 2001
SITE workshop, Stanford University, July 2002
§ Paper Presented: “The Stock Market in the Overlapping Generations Model with Production”
Arizona State University, Economics Department Seminar, April 1999
University of California, Davis, Economic Theory Seminar, May 1999
Conference for the Advancement of Economic Theory, Rhodes, July 1999
ISER Summer Workshop, Sienna, July 1999
University of Southern California, Economic Dynamics Seminar, March 2000
Brown University, Economics Department Seminar, October 2000
Conference on Incomplete Markets and Strategic Market Games, Cowles Foundation, Yale University, April 2001
§ Paper Presented “Equity, Options and Efficiency in the Presence of Moral Hazard”
University of California, Berkeley, Theory Seminar, October 1998
University of California, Riverside, Department Seminar, November 1998
University of California, San Diego, Theory Seminar, April 1999
University of California, Davis, Department of Mathematics, June 1999
Workshop in Economic Theory: Asymmetric Information and Markets, Venice, July 1999
University of Southern California, Law and Economics Seminar, April 2000
Yale University, Theory Seminar, November 2000
University of California Santa Barbara, Theory Seminar, April 2001
§ Paper Presented “Infinite Horizon CAPM Equilibrium”
University of California, Santa Cruz, Economics Department Seminar, November 1997
Stanford University, Economic Theory Seminar, March 1998
University of California, Davis, Theory and Macroeconomics joint Seminar, April 1998
§ Paper Presented “Incentives and Risk Sharing in a Stock Market Equilibrium”
Conference in Honor of Herbert Scarf, Yale University, September 1995
University of Southern California, Theory Seminar, April 1996
Meeting of the Society for Dynamic and Control, Mexico, June 1996
Iowa State University, Department Seminar, April 1997
Kellogg Graduate School of Management, Department of Finance, April 1997
Conference for the Advancement of Economic Theory, Antalya, Turkey, June 1997
§ Paper presented “Which Improves Welfare Most: A Nominal or an Indexed Bond”
University of Bonn, December 1994
University of Alicante, November 1994
Stanford University, Theory Seminar, April 1995
§ Paper presented “Infinite Horizon Incomplete Markets”
SITE Summer Workshop, Stanford University, July 1991
BOWO Workshop, Bonn University, July 1992
University of California, Theory Seminar, October 1992
Far West Economic Conference, Los Angeles, November 1992
University of California, Berkeley, Theory Seminar, March 1993
University of Venice, Theory Seminar, November 1994
IDEI, University of Toulouse, December 1994