David Cass
Paul F. and E. Warren Shafer Miller Professor of Economics
Department of Economics
University of Pennsylvania
Selected Papers
1. Optimum growth in an aggregative model of capital accumulation. Rev Econ Studies 37, 233-240 (1965). (pdf)
2. A re-examination of the pure consumption loans model (with M.E. Yaari). J Pol Econ 74, 353-367 (1966). (pdf)
3. The structure of investor preferences and asset returns, and separability in portfolio allocation (with J.E. Stiglitz). J Econ Theory 2, 122-160 (1970). (pdf)
4. On capital overaccumulation in the aggregative, neoclassical model of economic growth: A complete characterization. J Econ Theory 4, 200-203 (1972). (pdf)
5. The structure and stability of competitive dynamical systems (with K. Shell). J Econ Theory 12, 31-70 (1976). (pdf)
6. Do sunspots matter?(with K. Shell). J Pol Econ 91, 193-227 (1983); a different, earlier version was published (in French translation) as Les taches solaires ont-elles de l'importance? (with K. Shell). Cahiers du Seminaire d'Econometrie , 24, 93-127 (1983). (pdf)
7. Sunspots and incomplete financial markets: The leading example. The Economics of Imperfect Competition and Employment: Joan Robinson and Beyond (G. Feiwel, ed.), MacMillan, London, 1989.
8. Competitive equilibrium with incomplete financial markets. J Math Econ, forthcoming. (This paper originally appeared as a CARESS Working Paper in April, 1984, and along with a few others is considered a seminal contribution to establishing GEI as a major area of GE. So, for that reason, it is being published only now, 20 some-odd years later, by the Journal of Mathematical Economics – as something like an unpublished a “classic). (pdf)
9. The structure of financial equilibrium with exogenous yields: The case of incomplete markets (with Y. Balasko). Econometrica 57, 135-162 (1989). (pdf)
10. Indefinitely sustained consumption despite exhaustible natural resources (with T. Mitra). Econ Theory 1, 119-146 (1991). (pdf)
11. Sunspots and incomplete financial markets: The general case, in the Mini-Symposium on "The Structure of Sunspot Equilibria in the Presence of Incomplete Financial Markets". Econ Theory 2, 341-358 (1992). (pdf)
12. Pareto improving financial innovation in incomplete markets (with A. Citanna). Economic Theory , 11, 467-494 (1998). (pdf)