Details about Luis Araujo

Access statistics for papers by Luis Araujo.

Last updated 2026-05-29. Update your information in the RePEc Author Service.

Short-id: par35

Working Papers

2026

1. Banking Structures, Liquidity, and Macroeconomic Stability
   Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome
2. Runs on Tokenized Debt
   Wesleyan Economics Working Papers, Wesleyan University, Department of Economics

2025

3. Experimenting with Digital Currency
   Working Papers, University of Milano-Bicocca, Department of Economics
4. Financial specialization, bank opacity, and the structure of credit markets
   MPRA Paper, University Library of Munich, Germany

2024

5. Physical vs Digital Currency: What's the Difference, Why it Matters
   Working Papers, University of Milano-Bicocca, Department of Economics

2020

6. Financial constraints and collateral crises
   Discussion Papers, Centre for Macroeconomics (CFM) View citations (1)
   See also Journal Article Financial constraints and collateral crises, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (1) (2020)

2019

7. Online Appendix to "Credit Crunches, Asset Prices and Technological Change"
   Online Appendices, Review of Economic Dynamics View citations (3)
   See also Journal Article Credit Crunches, Asset Prices and Technological Change, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (3) (2019)
8. The Societal Benefits of Money and Interest Bearing Debt
   CEIS Research Paper, Tor Vergata University, CEIS

2018

9. Credit crunches, asset prices, and technological change
   CERBE Working Papers, CERBE Center for Relationship Banking and Economics
   Also in Working Papers CASMEF, Dipartimento di Economia e Finanza, LUISS Guido Carli (2012)
   Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences (2012) View citations (1)
   See also Journal Article Credit Crunches, Asset Prices and Technological Change, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (3) (2019)

2015

10. A coordination approach to the essentiality of money
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil)
    See also Journal Article A Coordination Approach to the Essentiality of Money, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2017) View citations (2) (2017)
11. Optimal Monetary Interventions in Credit Markets
    2015 Meeting Papers, Society for Economic Dynamics View citations (4)
    See also Journal Article Optimal monetary interventions in credit markets, Journal of Economic Theory, Elsevier (2018) View citations (4) (2018)

2013

12. Coordination in the use of money
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil) View citations (5)
    See also Journal Article Coordination in the use of money, Journal of Monetary Economics, Elsevier (2014) View citations (14) (2014)
13. The effect of options on coordination
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil)
    Also in 2012 Meeting Papers, Society for Economic Dynamics (2012)
    CEPR Discussion Papers, Centre for Economic Policy Research (2013)

2012

14. Informal wages in an economy with active labor courts
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil) View citations (2)
15. Institutions and Export Dynamics
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (43)
    Also in Working Paper Research, National Bank of Belgium (2012) View citations (58)
    CEP Discussion Papers, Centre for Economic Performance, LSE (2012) View citations (72)
    See also Journal Article Institutions and export dynamics, Journal of International Economics, Elsevier (2016) View citations (126) (2016)

2011

16. Equilibrium selection in a fundamental model of money
    CEPR Discussion Papers, Centre for Economic Policy Research View citations (1)

2010

17. Limited memory and the essentiality of money
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil) View citations (1)
18. Monetary equilibrium with decentralized trade and learning
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil)
    Also in University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics (2005) View citations (4)
19. Money versus memory
    Textos para discussão, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil) View citations (1)
20. There Will Be Money
    CEP Discussion Papers, Centre for Economic Performance, LSE
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2010)

2009

21. Modeling Labor Market Segmentation
    Working Papers, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto

2007

22. Trust-Based Trade
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (30)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2007) View citations (13)
    IBMEC RJ Economics Discussion Papers, Economics Research Group, IBMEC Business School - Rio de Janeiro (2005) View citations (5)

Journal Articles

2026

1. Bank runs and interventions with wholesale funding
   Journal of Economic Theory, 2026, 232, (C) View citations (1)
2. Physical vs digital currency: a difference that makes a difference
   Theoretical Economics, Forthcoming

2022

3. MONEY AND CREDIT REMIX
   Macroeconomic Dynamics, 2022, 26, (4), 1021-1034 View citations (1)

2021

4. Relationship finance, informed liquidity, and monetary policy
   Journal of Economic Theory, 2021, 193, (C)
5. Societal Benefit of Multiple Currencies
   Journal of Money, Credit and Banking, 2021, 53, (8), 2201-2214

2020

6. Financial constraints and collateral crises
   Review of Economic Dynamics, 2020, 38, 238-250 View citations (1)
   See also Software Item Code and data files for "Financial constraints and collateral crises", Computer Codes (2020) (2020)
   Working Paper Financial constraints and collateral crises, Discussion Papers (2020) View citations (1) (2020)
7. Money, Bonds, and the Liquidity Trap
   Journal of Money, Credit and Banking, 2020, 52, (7), 1853-1867 View citations (4)

2019

8. Credit Crunches, Asset Prices and Technological Change
   Review of Economic Dynamics, 2019, 32, 153-179 View citations (3)
   See also Working Paper Online Appendix to "Credit Crunches, Asset Prices and Technological Change", Online Appendices (2019) View citations (3) (2019)
   Working Paper Credit crunches, asset prices, and technological change, CERBE Working Papers (2018) (2018)
   Software Item Code and data files for "Credit Crunches, Asset Prices and Technological Change", Computer Codes (2019) (2019)

2018

9. Optimal monetary interventions in credit markets
   Journal of Economic Theory, 2018, 178, (C), 455-487 View citations (4)
   See also Working Paper Optimal Monetary Interventions in Credit Markets, 2015 Meeting Papers (2015) View citations (4) (2015)
10. The Short-Run Effects of Unanticipated Monetary Shocks under Distinct Trading Mechanisms
    Russian Journal of Money and Finance, 2018, 77, (3), 76-88

2017

11. A Coordination Approach to the Essentiality of Money
    Review of Economic Dynamics, 2017, 24, 14-24 View citations (2)
    See also Working Paper A coordination approach to the essentiality of money, Textos para discussão (2015) (2015)
    Software Item Code and data files for "A Coordination Approach to the Essentiality of Money", Computer Codes (2016) (2016)

2016

12. Informality in an economy with active labour courts
    Applied Economics, 2016, 48, (30), 2868-2882 View citations (1)
13. Institutional quality and capital taxation
    International Tax and Public Finance, 2016, 23, (1), 25-47 View citations (1)
14. Institutions and export dynamics
    Journal of International Economics, 2016, 98, (C), 2-20 View citations (126)
    See also Working Paper Institutions and Export Dynamics, CEPR Discussion Papers (2012) View citations (43) (2012)

2015

15. Intertemporal coordination with delay options
    Journal of Economic Theory, 2015, 157, (C), 793-810 View citations (5)
16. Limited monitoring and the essentiality of money
    Journal of Mathematical Economics, 2015, 58, (C), 32-37 View citations (4)

2014

17. Coordination in the use of money
    Journal of Monetary Economics, 2014, 64, (C), 38-46 View citations (14)
    See also Working Paper Coordination in the use of money, Textos para discussão (2013) View citations (5) (2013)

2012

18. The essentiality of money in environments with centralized trade
    Journal of Monetary Economics, 2012, 59, (7), 612-621 View citations (19)

2011

19. Knowledge sharing and the dynamics of social capital
    European Economic Review, 2011, 55, (8), 1109-1119
20. ON THE ESSENTIALITY OF BANKS
    International Economic Review, 2011, 52, (3), 679-691 View citations (19)

2010

21. Markets and Relationships in a Learning Economy
    Review of Economic Dynamics, 2010, 13, (3), 687-700 View citations (1)

2008

22. Endogenous supply of fiat money
    Journal of Economic Theory, 2008, 142, (1), 48-72 View citations (10)

2007

23. Financial Intermediaries as Markets for Firm Assets
    Economic Journal, 2007, 117, (523), 1380-1402 View citations (8)
24. ON THE LONG‐RUN EFFECTS OF FASHION
    Economic Inquiry, 2007, 45, (4), 756-769

2006

25. Information, learning, and the stability of fiat money
    Journal of Monetary Economics, 2006, 53, (7), 1571-1591 View citations (7)
26. Price dispersion, information and learning
    Journal of Monetary Economics, 2006, 53, (6), 1197-1223 View citations (5)

2004

27. Social norms and money
    Journal of Monetary Economics, 2004, 51, (2), 241-256 View citations (60)

Software Items

2020

1. Code and data files for "Financial constraints and collateral crises"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Financial constraints and collateral crises, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2020) View citations (1) (2020)

2019

2. Code and data files for "Credit Crunches, Asset Prices and Technological Change"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Credit Crunches, Asset Prices and Technological Change, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2019) View citations (3) (2019)

2016

3. Code and data files for "A Coordination Approach to the Essentiality of Money"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article A Coordination Approach to the Essentiality of Money, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2017) View citations (2) (2017)