Luis Araujo

Department of Economics - Michigan State University

Sao Paulo School of Economics - FGV

Working Papers 

- Bank Runs and Interventions with Wholesale Funding (with Ryuichiro Izumi and Fabrizio Mattesini)

           Revise and resubmit, Journal of Economic Theory

 

- Rational Expectations Fool's Bubbles (with Antonio Doblas Madrid)

           Revise and resubmit, International Economic Review


- Optimal Payment Arrangement in a Cashless Monetary Economy (with Nicola Amendola and Leo Ferraris)


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


- Banking Structure, Liquidity and Macroeconomic Stability (With David Hong, Sotirios Kokas and Raoul Minetti)


- Optimal Policy with Digital Currency (with Nicola Amendola and Leo Ferraris)


- Finite Bubbles, Infinite Bubbles and Crypto Assets (with Antonio Doblas Madrid)

Main Publications

- Money and Credit Remix (with Leo Ferraris) - Macroeconomic Dynamics, Volume 26, June 2022, 1021-1034

- Societal Benefit of Multiple Currencies (with Leo Ferraris) - Journal of Money, Credit and Banking, Volume 53, December 2021, 2202-2214

- Relationship Finance, Informed Liquidity and Monetary Policy (with Raoul Minetti and Pierluigi Murro) - Journal of Economic Theory,  April 2021, 105210

- Money, Bonds, and the Liquidity Trap (with Leo Ferraris) - Journal of Money, Credit and Banking, Volume 52, October 2020, 1853-1867

- Financial Constraints and Collateral Crisis (with Bernardo Guimaraes and Diego Rodrigues) - Review of Economic Dynamics, Volume 38, October 2020, 238-250

- 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

- Institutions and Export Dynamics (with Emanuel Ornelas and Giordano Mion)  - Journal of International Economics, Volume 98, January 2016, 2-20

- Intertemporal coordination with delay options (with Bernardo Guimaraes) -  Journal of Economic Theory, Volume 157, May 2015, 793-810

- Limited Monitoring and the Essentiality of Money (with Braz Camargo) - Journal of Mathematical Economics, Volume 58, May 2015, 32-37

- Coordination in the use of Money (with Bernardo Guimaraes) - Journal of Monetary Economics, Volume 64, May 2014, 38-47

- Essentiality of Money with Centralized Trade (with B. Camargo, R. Minetti, and D. Puzzello) - Journal of Monetary Economics, Volume 59, November 2012, 612-621

- On the Essentiality of Banks (with Raoul Minetti) - International Economic Review, Volume 52, August 2011, 679-691

- Markets and Relationships in a Learning Economy (with Raoul Minetti) - Review of Economic Dynamics, Volume 13, July 2010, 687-700

- Endogenous Supply of Fiat Money (with Braz Camargo) - Journal of Economic Theory, Volume 142, September 2008, 48-72

- Financial Intermediaries as Markets for Firm Assets (with Raoul Minetti) - Economic Journal, Volume 117, October 2007, 1380-1402

- Information, Learning and Stability of Fiat Money (with Braz Camargo) - Journal of Monetary Economics, Volume 53, October 2006, 1571-1591

- Price Dispersion, Information and Learning (with Andrei Shevchenko) - Journal of Monetary Economics, Volume 53, September 2006, 1197-1223

- Social Norms and Money - Journal of Monetary Economics, Volume 51, March 2004, 241-256

Discussion

- Money Mining and Price Dynamics: Divisible Currencies, by Michael Choi and Guillaume Rocheteau - Forthcoming, Journal of Economic Dynamics and Control