Luis de Araujo

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• Strategic problems related to the existence of monetary equilbrium under uncertainty
• The informational role of prices in the economy
• Competitive money systems
• The relation between reputation, enforcement and the volume of trade
• The role of frictions in financial markets

• Financial Constraints and Collateral Crisis (with B. Guimaraes and D. Rodrigues) Forthcoming, Review of Economic Dynamics

• Money, Bonds and the Liquidity Trap (with Leo Ferraris) Forthcoming, Journal of Money, Credit and Banking

• Credit Crunches, Asset Prices and Technological change (with R. Minetti, Q. Cao and P. Murro) Review of Economic Dynamics, Volume 32, April 2019, 153-179

• Optimal Monetary Interventions in Credit Markets (with Tai-Wei Hu) Journal of Economic Theory, Volume 178, November 2018, 455-487

• A Coordination approach to the Essentiality of Money (with Bernardo Guimaraes) Review of Economic Dynamics, Volume 24, April 2017, 14-24

Please see the faculty member's web site for a copy of the paper in pdf format.

• Relationship Finance, Informed Liquidity, and Monetary Policy (with R. Minetti and P Murro)

• The Societal Benefits of Multiple Currencies (with Leo Ferraris)

• Rational Expectations Fools' Bubbles (with Tony Doblas Madrid)

• Securitized Debt and Liquidity Insurance (with Fabrizio Mattesini)

• On the Origins of Money (with Vincent Bignon, Regis Breton and Braz Camargo)

Please see the faculty member's web site for a copy of the paper in pdf format.