Listagem FGV EPGE - Escola Brasileira de Economia e Finanças por autor "Araujo, Luis Fernando Oliveira de"

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    • Information learning and the stability of fiat money 

      Araujo, Luis Fernando Oliveira de; Camargo, Bráz Ministério de
      2004-08
      We analyze the stability of monetary regimes in a decentralized economy where fiat money is endogenously created, information about its value is imperfect, and agents only learn from their personal trading experiences. We ...

    • Social norms and money 

      Araujo, Luis Fernando Oliveira de
      2000-07-06
      In an economy where there is no double coincidence of wants and without recordkeeping of past transactions, money is usually seen as the only mechanism that can support exchange. In this paper, we show that, as long as the ...

    • Trust-based trade 

      Ornelas, Emanuel; Araujo, Luis Fernando Oliveira de
      2005-07-01
      There is substantially more trade within national borders than across borders. An important explanation for this fact is the weak enforcement of international contracts. We develop a model in which agents build reputations ...