Hallo, mein Name ist Aleksander Berentsen. In diesem Blog poste ich meine Zeitungsartikel, welche ich gelegentlich für die Tagespresse schreibe. Ich bin seit 2001 Professor für Wirtschaftstheorie an der Universität Basel. Meine Forschungsinteresse umfassen monetäre Ökonomie, Makroökonomie und Spieltheorie. Ich habe an den Universitäten Basel und Bern und an der London School of Economics studiert. Gastprofessuren haben mich an die University of California in Berkley, der University of Pennsylvania, der Universität Zürich und an die Freien Universität in Berlin geführt. Im ersten Halbjahr 2011 hatte ich die Gelegenheit meinen Sabbatical and der Bank für Internationalen Zahlungsausgleich zu verbringen. Seit mehreren Jahren bin ich auch wissenschaftlicher Berater an der Federal Reserve Bank von St. Louis in den USA. Wissenschaftlichen Artikel habe ich unter anderem im American Economic Review, Journal of Economic Theory, Review of Economic Studies, Journal of Money, Credit and Banking, Journal of Monetary Economics, International Economic Review, und European Economic Review veröffentlicht.
Mehr Infos finden Sie auf auf meiner Website an der Universität Basel. Weiter unten finden Sie meine wissenschaftlichen Veröffentlichungen:
Wissenschaftliche Veröffentlichungen
Limelight on Dark Markets: Theory and Experimental Study of Liquidity and Information, Journal of Economic Dynamics and Control, Volume 75, February 2017, Pages 70–90.
With Michael McBride, University of California at Irvine, USA and Guillaume Rocheteau, University of California at Irvine, USA.
Limited Commitment and the Demand for Money, The Economic Journal, forthcoming.
With Samuel Huber, University of Basel, Switzerland, and Alessandro Marchesiani, University of Liverpool, United Kingdom.
The Societal Benefits of a Financial Transaction Tax, 2016.
European Economic Review, Volume 89, October 2016, Pages 303-323.
With Samuel Huber, University of Basel, Switzerland, and Alessandro Marchesiani, University of Liverpool, United Kingdom.
Monetary Policy with Asset-Backed Money, 2016.
Journal of Economic Theory, 164(July), 166–186.
With David Andolfatto, Federal Reserve Bank of St. Louis and Simon Fraser University and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Financial Innovations, Money Demand and the Welfare Cost of Inflation, 2015.
Journal of Money, Credit and Banking, 47(2), 223-261. With Samuel Huber, University of Basel, Switzerland, and Alessandro Marchesiani, University of Liverpool.
Optimal Stabilization Policy with Search Externalities, 2015.
Macroeconomic Dynamics, 19(3), 669-700.
With Christopher Waller, Federal Reserve Bank of St.Louis, USA.
Floor Systems for Implementing Monetary Policy: Some Unpleasant Fiscal Arithmetic, 2014.
Review of Economic Dynamics, 17(3), 523-542.
With Alessandro Marchesiani, University of Liverpool, and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Degreasing the Wheels of Finance, 2014.
International Economic Review, 55(3), 735-763.
With Samuel Huber, University of Basel and Alessandro Marchesiani, University of Liverpool.
Optimal Disclosure Policy and Undue Diligence, 2014.
Journal of Economic Theory, 149, 128-152.
With David Andolfatto, Federal Reserve Bank of St. Louis and Simon Fraser University and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Liquidity, Innovation and Growth, 2012.
Journal of Monetary Economics, 59, 721-737.
With Mariana Rojas Breu, Université Paris Dauphine, France, and Shouyong Shi, University of Toronto, Canada.
Price Level Targeting and Stabilization Policy, 2011.
Journal of Money, Credit and Banking, 43(7), 559-580.
With Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Outside Versus Inside Bonds: A Modigliani-Miller Type Result for Liquidity Constrained Households, 2011.
Journal of Economic Theory, 146, 1852–1887.
With Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Inflation and Unemployment in the Long Run, 2011.
American Economic Review, 101(1), 371-98.
With Guido Menzio, University of Pennsylvania, USA and Randall Wright, University of Wisconsin-Madison.
additional material
Central Bank Design with Heterogeneous Agents, 2009.
European Economic Review, 53(2), 139-152.
With Carlo Strub, University Of Basel.
Monetary Policy in a Channel System, 2008.
Journal of Monetary Economics, 55(6), 1067-1080.
With Cyril Monnet, University of Bern, Switzerland.
Learning, Public Good Provision and the Information Trap, 2008.
Journal of Public Economics, 92, 998-1010.
With Simon Loertscher, University of Melbourne, USA and Esther Bruegger, NERA Economic Consulting, USA.
On Cheating, Doping and Whistleblowing, 2008.
European Journal of Political Economy, 24(2), 415-436.
With Simon Loertscher, University of Melbourne, USA and Esther Bruegger, NERA Economic Consulting, USA.
Friedman Meets Hosios: Efficiency in Search Models of Money, 2007.
The Economic Journal 117 (516), 174-195.
With Guillaume Rocheteau, Federal Reserve Bank of Cleveland, USA, and Shouyong Shi, University of Toronto, Canada.
Money, Credit and Banking, 2007.
Journal of Economic Theory, 135(1), 171-195.
With Gabriele Camera, Purdue University, USA, and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Implementing monetary policy using a corridor system, 2006.
Research Bulletin, European Central Bank, DG Research, No. 5, December 2006.
With Cyril Monnet, University of Bern, Switzerland.
On the Private Provision of Fiat Currency, 2006.
European Economic Review, 50(7), 1683-1698.
The Distribution of Money Holdings and the Non-Neutrality of Money, 2005.
International Economic Review, 46(2), 465-487.
With Gabriele Camera, Chapman University, USA, and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Money and Information, 2004.
Review of Economic Studies, 71, 915-944.
With Guillaume Rocheteau, University of California at Irvine, USA.
The Distribution of Money and Prices in an Equilibrium with Lotteries, 2004.
Economic Theory, 24(4), 887-906.
With Gabriele Camera, Chapman University, USA, and Christopher Waller, Federal Reserve Bank of St. Louis, USA.
Reprinted in “Recent developments in money and finance,” G. Camera ed.,
Springer.
Fraudulent Accounting and Other Doping Games, 2004.
Journal of Institutional and Theoretical Economics, 160(3), 402-415.
With Yvan Lengwiler, University of Basel.
Money and the Gains from Trade, 2003.
International Economic Review, 44(1), 263-297.
With Guillaume Rocheteau, Federal University of California at Irvine, USA.
On the Friedman Rule in Search Models of Money, 2003.
B.E. Journals in Macroeconomics (Contributions to Macroeconomics), Vol. 3, Issue 1.
With Guillaume Rocheteau, University of California at Irvine, USA.
The Economics of Doping, 2002.
European Journal of Political Economy, 18(1), 109-127.
On the Distribution of Money Holdings in a Random-Matching Model, 2002.
International Economic Review, 43(3), 945-954.
On the Efficiency of Monetary Exchange. How Divisibility of Money Matters, 2002. Journal of Monetary Economics, 49(8), 1621-1649.
With Guillaume Rocheteau, University of California at Irvine, USA.
Indivisibilities, Lotteries, and Monetary Exchange, 2002.
Journal of Economic Theory, 107, 70-94.
With Miguel Molico, Bank of Canada, Canada, and Randall Wright, University of Wisconsin-Madison, USA.
Money in Bilateral Trade, 2002.
Swiss Journal of Economics and Statistics, 138(4), 489-506.
With Guillaume Rocheteau, University of California at Irvine, USA.
Monnaie et Termes de l’échange dans les Modèles de Prospection, 2001
Revue d’Economie Politique 111 (3), 377-99.
With Guillaume Rocheteau, University of California at Irvine, USA.
Money Inventories in Search Equilibrium, 2000.
Journal of Money, Credit, and Banking, 32(2), 168-178.
Monetary Policy Implications of Digital Money: Reply to Malte Krueger, 1999.
Kyklos (International Review of Social Science), 52(2), 263-264.
Monetary Policy Implications of Digital Money, 1998.
Kyklos (International Review of Social Sciences), 51(1), 89-117.
Working Papers
Exit Strategies and Monetary Policy, 2017.
With Sébastien Kraenzlin, Swiss National Bank, and Benjamin Müller, Swiss National Bank and University of Basel.
Exit Strategies and Trade Dynamics in Repo Markets, 2016.
With Sébastien Kraenzlin, Swiss National Bank, and Benjamin Müller, Swiss National Bank and University of Basel.
A Tale of Fire Sales and Liquidity Hoarding, 2014.
With Benjamin Müller, Swiss National Bank and University of Basel.
Free-Riding on Liquidity, 2012.
With Samual Huber, University of Basel, Switzerland, and Alessandro Marchesiani, University of Liverpool.