Details about Hugo van Buggenum

Access statistics for papers by Hugo van Buggenum.

Last updated 2026-10-15. Update your information in the RePEc Author Service.

Short-id: pva888

Working Papers

2026

1. Stablecoins as private money: A policy agenda
   CFS Working Paper Series, Center for Financial Studies (CFS)
   See also Journal Article Stablecoins as private money: a policy agenda, Digital Finance, Springer (2026) (2026)

2025

2. Money creation in a neoclassical economy: equilibrium multiplicity and the liquidity trap
   Working Papers, Swiss National Bank

2024

3. Contagious stablecoins?
   CFS Working Paper Series, Center for Financial Studies (CFS)
   Also in VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage", Verein für Socialpolitik / German Economic Association (2023)
   CEPR Discussion Papers, Centre for Economic Policy Research (2023)
4. Credit Enforcement and Monetary-Policy Transmission
   CEPR Discussion Papers, Centre for Economic Policy Research

2023

5. On the Negatives of Negative Interest Rates
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
   See also Journal Article On the negatives of negative interest rates, European Economic Review, Elsevier (2025) (2025)
6. Racial Unemployment Gaps and the Disparate Impact of the Inflation Tax
   Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis View citations (3)
   Also in ECON - Working Papers, Department of Economics - University of Zurich (2023) View citations (3)
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2023) View citations (3)

2022

7. Systemic bank runs without aggregate risk: how a misallocation of liquidity may trigger a solvency crisis
   Working Papers, Swiss National Bank View citations (4)
   See also Journal Article Systemic bank runs without aggregate risk: How a misallocation of liquidity may trigger a solvency crisis, Journal of Financial Economics, Elsevier (2024) View citations (5) (2024)

2021

8. Banks and financial markets in microfounded models of money
   Other publications TiSEM, Tilburg University, School of Economics and Management
9. Coexistence of Money and Interest-Bearing Bonds
   Discussion Paper, Tilburg University, Center for Economic Research View citations (2)
   See also Journal Article Coexistence of money and interest-bearing bonds, Journal of Economic Dynamics and Control, Elsevier (2023) View citations (1) (2023)
10. Nonlinear Unemployment Effects of the Inflation Tax
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
    Also in ECON - Working Papers, Department of Economics - University of Zurich (2021) View citations (1)
    See also Journal Article Nonlinear unemployment effects of the inflation tax, European Economic Review, Elsevier (2022) View citations (11) (2022)
11. Risk, Inside Money, and the Real Economy
    Discussion Paper, Tilburg University, Center for Economic Research

2020

12. On the negatives of negative interest rates and the positives of exemption thresholds
    ECON - Working Papers, Department of Economics - University of Zurich View citations (7)
13. Preference Heterogeneity and Optimal Monetary Policy
    Discussion Paper, Tilburg University, Center for Economic Research
    See also Journal Article Preference heterogeneity and optimal monetary policy, Journal of Economic Dynamics and Control, Elsevier (2022) View citations (1) (2022)

2019

14. Money, Asset Markets and Efficiency of Capital Formation
    Discussion Paper, Tilburg University, Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2019)

Journal Articles

2026

1. Racial unemployment gaps and the disparate impact of the inflation tax in a new monetarist model
   Journal of Economic Dynamics and Control, 2026, 186, (C)
2. Stablecoins as private money: a policy agenda
   Digital Finance, 2026, 8, (3), 1-44
   See also Working Paper Stablecoins as private money: A policy agenda, CFS Working Paper Series (2026) (2026)

2025

3. On the negatives of negative interest rates
   European Economic Review, 2025, 178, (C)
   See also Working Paper On the Negatives of Negative Interest Rates, Finance and Economics Discussion Series (2023) View citations (2) (2023)

2024

4. Systemic bank runs without aggregate risk: How a misallocation of liquidity may trigger a solvency crisis
   Journal of Financial Economics, 2024, 161, (C) View citations (5)
   See also Working Paper Systemic bank runs without aggregate risk: how a misallocation of liquidity may trigger a solvency crisis, Working Papers (2022) View citations (4) (2022)

2023

5. Co-essentiality of money and credit: A mechanism-design view
   Journal of Economic Theory, 2023, 213, (C)
6. Coexistence of money and interest-bearing bonds
   Journal of Economic Dynamics and Control, 2023, 153, (C) View citations (1)
   See also Working Paper Coexistence of Money and Interest-Bearing Bonds, Discussion Paper (2021) View citations (2) (2021)

2022

7. Nonlinear unemployment effects of the inflation tax
   European Economic Review, 2022, 148, (C) View citations (11)
   See also Working Paper Nonlinear Unemployment Effects of the Inflation Tax, Finance and Economics Discussion Series (2021) View citations (1) (2021)
8. Preference heterogeneity and optimal monetary policy
   Journal of Economic Dynamics and Control, 2022, 134, (C) View citations (1)
   See also Working Paper Preference Heterogeneity and Optimal Monetary Policy, Discussion Paper (2020) (2020)

Chapters

2025

1. Stablecoins: How research can inform policy
   Chapter 9 in Frontiers of Digital Finance, 2025, vol. 1