Prof. Dr. Aleksander Berentsen

Berentsen, Aleksander, Lenzi, Jeremias, & Nyffenegger, Remo. (2023). An Introduction to Zero-Knowledge Proofs in Blockchains and Economics [Journal-article]. Federal Reserve Bank of St. Louis Review, 105(4), 280–294. https://doi.org/10.20955/r.105.280-94

Markheim, Marina, & Berentsen, Aleksander. (2021). Real Estate trifft auf Blockchain: Chancen und Herausforderungen der Tokenisierung von illiquiden Vermögenswerten. Zeitschrift Für Immobilienökonomie, 7, 59–80. https://doi.org/10.1365/s41056-020-00051-3

Andolfatto, David, Berentsen, Aleksander, & Martin, Fernando M. (2020). Money, Banking, and Financial Markets. The Review of Economic Studies, 87(5), 2049–2086. https://doi.org/10.1093/restud/rdz051

Berentsen, Aleksander. (2020). Plädoyer für den E-Euro - Implikationen für die Gesellschaft. In WWZ Workingpapers Faculty of Business and Economics (ed.), WWZ Working Paper (Vol. 2020). WWZ.

Berentsen, Aleksander, & Markheim, Marina. (2020). Peer‐to‐peer lending and financial inclusion with altruistic investors. International Review of Finance, 21(4), 1407–1418. https://doi.org/10.1111/irfi.12333

Schär, Fabian, & Berentsen, Aleksander. (2020). Bitcoin, Blockchain and Cryptoassets: A Comprehensive Introduction. MIT Press. https://mitpress.mit.edu/books/bitcoin-blockchain-and-cryptoassets

Berentsen, Aleksander, & Schär, Fabian. (2019). Stablecoins: The quest for a low-volatility cryptocurrency. In Fatas, Antonio (Ed.), The Economics of Fintech and Digital Currencies (pp. 65–71). CEPR Press.

Andolfatto, David, Berentsen, Aleksander, & Martin, Fernando M. (2019). Money, Banking and Financial Markets. In RESEARCH DIVISION - Working Paper Series (Vol. 2017). Federal Reserve Bank of St. Louis. https://doi.org/10.20955/wp.2017.023

Berentsen, Aleksander, & Markheim, Marina. (2019). Peer-to-Peer Lending, Joint Liability and Financial Inclusion with Altruistic Investors. University Library of Munich. https://ideas.repec.org/p/pra/mprapa/94963.html

Berentsen, Aleksander, Rojas Breu, Mariana, & Waller, Christopher J. (2019). What is the Value of Being a Superhost? In RESEARCH DIVISION - Working Paper Series (Vol. 2019). Federal Reserve Bank of St. Louis. https://doi.org/10.20955/wp.2019.019

Berentsen, Aleksander, Huber, Samuel, & Marchesiani, Alessandro. (2018). Limited Commitment and the Demand for Money. The Economic Journal, 128(610), 1128–1156. https://doi.org/10.1111/ecoj.12449

Berentsen, Aleksander, Kraenzlin, Sébastien, & Müller, Benjamin. (2018). Exit strategies for monetary policy. Journal of Monetary Economics, 99, 20–40. https://doi.org/10.1016/j.jmoneco.2018.05.002

Berentsen, Aleksander, & Madison, Florian. (2018). Comments on “Frictional capital reallocation I: Ex ante heterogeneity” by R. Wright, S.X. Xiao, and Y. Zhu. Journal of Economic Dynamics and Control, 89, 117–119. https://doi.org/10.1016/j.jedc.2018.01.007

Berentsen, Aleksander, & Madison, Florian. (2018). Comments on “Frictional capital reallocation I: Ex ante heterogeneity” by R. Wright, S.X. Xiao, and Y. Zhu. Journal of Economic Dynamics and Control, 89, 117–119.

Berentsen, Aleksander, & Schär, Fabian. (2018). A Short Introduction to the World of Cryptocurrencies. Review of the Federal Reserve Bank of St Louis, 100(1), 1–16. https://doi.org/10.20955/r.2018.1-16

Berentsen, Aleksander, & Schär, Fabian. (2018). The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies. Review of the Federal Reserve Bank of St Louis, 100(2), 97–106. https://doi.org/10.20955/r.2018.97-106

Berentsen, Aleksander, & Waller, Christopher. (2018). Liquidity premiums on government debt and the fiscal theory of the price level. Journal of Economic Dynamics and Control, 89, 173–182. https://doi.org/10.1016/j.jedc.2018.01.038

Berentsen, Aleksander, McBride, Michael, & Rocheteau, Guillaume. (2017). Limelight on Dark Markets: Theory and Experimental Study of Liquidity and Information. Journal of Economic Dynamics and Control, 75, 70–90. https://doi.org/10.1016/j.jedc.2016.11.003

Schär, Fabian, & Berentsen, Aleksander. (2017). Bitcoin, Blockchain und Kryptoassets: Eine umfassende Einführung (1 ed.). Books on Demand. https://portal.dnb.de/opac.htm?method=simpleSearch&cqlMode=true&query=idn%3D1125582766

Andolfatto, David, Berentsen, Aleksander, & Waller, Christopher. (2016). Monetary policy with asset-backed money. Journal of Economic Theory, 164, 166–186. https://doi.org/10.1016/j.jet.2015.08.006

Berentsen, Aleksander, Huber, Samuel, & Marchesiani, Alessandro. (2016). The societal benefits of a financial transaction tax. European Economic Review, 89, 303–323. https://doi.org/10.1016/j.euroecorev.2016.08.003

Berentsen, Aleksander, & Schär, Fabian. (2016). The fallacy of a cashless society. SURF Conference Proceedings, 1, 14–19. https://ideas.repec.org/p/pra/mprapa/70832.html

Berentsen, Aleksander, Huber, Samuel, & Marchesiani, Alessandro. (2015). Financial Innovations, Money Demand, and the Welfare Cost of Inflation. Journal of Money, Credit and Banking, 47(2), 223–261. https://doi.org/10.1111/jmcb.12219

Berentsen, Aleksander, & Waller, Christopher. (2015). Optimal Stabilization Policy with Search Externalities. Macroeconomic Dynamics, 19(3), 669–700. https://doi.org/10.1017/s1365100513000564

Andolfatto, David, Berentsen, Aleksander, & Waller, Christopher. (2014). Optimal Disclosure Policy and Undue Diligence. Journal of Economic Theory, 149, 128–152. https://doi.org/10.1016/j.jet.2013.02.003

Berentsen, Aleksander, Huber, Samuel, & Marchesiani, Alessandro. (2014). Degreasing the Wheels of Finance. International Economic Review, 55(3), 735–763. https://doi.org/10.1111/iere.12069

Berentsen, Aleksander, Marchesiani, Alessandro, & Waller, Christopher. (2014). Floor Systems for Implementing Monetary Policy: Some Unpleasant Fiscal Arithmetic. Review of Economic Dynamics, 17(3), 523–542. https://doi.org/10.1016/j.red.2013.09.001

Berentsen, Aleksander, Rojas Breu, Mariana, & Shi, Shouyong. (2012). Liquidity, innovation and growth. Journal of Monetary Economics, 59(8), 721–737. https://doi.org/10.1016/j.jmoneco.2012.10.005

Berentsen, Aleksander, Menzio, Guido, & Wright, Randall. (2011). Inflation and Unemployment in the Long Run. The American Economic Review, 101(1), 371–398. https://doi.org/10.1257/aer.101.1.371

Berentsen, Aleksander, & Waller, Christopher. (2011). Price level targeting and stabilization policy. Journal of Money, Credit and Banking, 43, 559–580. https://doi.org/10.1111/j.1538-4616.2011.00452.x

Berentsen, Aleksander, & Waller, Christopher. (2011). Outside versus inside bonds: A modigliani-miller type result for liquidity constrained households. Journal of Economic Theory, 146(5), 1852–1887. https://doi.org/10.1016/j.jet.2011.06.016

Sager, Marc, Mussler , Lucas, & Berentsen, Aleksander. (2011). Prinzipal-Agenten-Problematik in Schweizer KMU. Der Schweizer Treuhänder, 444–449. http://www.genios.de/fachzeitschriften/artikel/DST/20110606/prinzipal-agenten-problematik-in-sc/061106006.html

Berentsen, Aleksander, & Strub, Carlo. (2009). Central bank design with heterogeneous agents. European Economic Review, 53(2), 139–152. https://doi.org/10.1016/j.euroecorev.2008.03.007

Berentsen, Aleksander, Bruegger, Esther, & Loertscher, Simon. (2008). On cheating, doping and whistleblowing. European Journal of Political Economy, 24(2), 415–436. https://doi.org/10.1016/j.ejpoleco.2007.12.002

Berentsen, Aleksander, Bruegger, Esther, & Loertscher, Simon. (2008). Learning, public good provision, and the information trap. Journal of Public Economics, 92(5-6), 998–1010. https://doi.org/10.1016/j.jpubeco.2007.10.003

Berentsen, Aleksander, & Monnet, Cyril. (2008). Monetary policy in a channel system. Journal of Monetary Economics, 55(6), 1067–1080. https://doi.org/10.1016/j.jmoneco.2008.07.002

Berentsen, Aleksander, Camera, Gabriele, & Waller, Christopher. (2007). Money, credit and banking. Journal of Economic Theory, 135(1), 171–195. https://doi.org/10.1016/j.jet.2006.03.016

Berentsen, Aleksander, Rocheteau, Guillaume, & Shi, Shouyong. (2007). Friedman meets Hosios : efficiency in search models of money. The Economic Journal, 117(516), 174–195. https://doi.org/10.1111/j.1468-0297.2007.02006.x

Berentsen, Aleksander. (2006). On the private provision of fiat currency. European Economic Review, 50(7), 1683–1698. https://doi.org/10.1016/j.euroecorev.2005.05.001

Berentsen, Aleksander, & Monnet, Cyril. (2006). Implementing monetary policy using a corridor system. Research Bulletin, 5, 8–10. https://ideas.repec.org/a/ecb/ecbrbu/200600053.html

Berentsen, A., Camera, G., & Waller, C. (2005). The distribution of money balances and the nonneutrality of money. International Economic Review, 46(2), 465–487. https://doi.org/10.1111/j.1468-2354.2005.00329.x

Berentsen, A, Camera, G, & Waller, C. (2004). The distribution of money and prices in an equilibrium with lotteries. Economic Theory, 24(4), 887–906. https://doi.org/10.1007/s00199-004-0485-5

Berentsen, Aleksander, & Lengwiler, Yvan. (2004). Fraudulent accounting and other doping games. Journal of institutional and theoretical economics, 160(3), 402–415. https://doi.org/10.2139/ssrn.495384

Berentsen, Aleksander, & Rocheteau, Guillaume. (2004). Money and information. Review of Economic Studies, 71(4), 915–944. https://doi.org/10.1111/0034-6527.00309

Berentsen, Aleksander, & Rocheteau, Guillaume. (2003). On the Friedman Rule in search models with divisible money. Contributions to Macroeconomics, 3, 1121. http://ideas.repec.org/a/bpj/bejmac/vcontributions.3y2003i1n11.html

Berentsen, A, & Rocheteau, G. (2003). Money and the gains from trade. International Economic Review, 44(1), 263–297. https://doi.org/10.1111/1468-2354.t01-1-00070

Berentsen, A. (2002). On the distribution of money holdings in a random-matching model. International Economic Review, 43(3), 945–954. https://doi.org/10.1111/1468-2354.t01-1-00042

Berentsen, Aleksander. (2002). The economics of doping. European Journal of Political Economy, 18, 109–127. https://doi.org/10.1016/s0176-2680(01)00071-4

Berentsen, Aleksander, & Amstad, Marlene. (2002). Search theory and applied economic research. Swiss National Bank Quarterly Bulletin, 4/2002, 76–85. http://ideas.repec.org/p/pra/mprapa/14877.html

Berentsen, Aleksander, & Rocheteau, Guillaume. (2002). Money in Bilateral Trade. Schweizerische Zeitschrift Für Volkswirtschaft Und Statistik, 138, 489–506. http://ideas.repec.org/a/ses/arsjes/2002-iv-10.html

Berentsen, A, Molico, M, & Wright, R. (2002). Indivisibilities, lotteries, and monetary exchange. Journal of Economic Theory, 107(1), 70–94. https://doi.org/10.1006/jeth.2000.2689

Berentsen, A, & Rocheteau, G. (2002). On the efficiency of monetary exchange : how divisibility of money matters. Journal of Monetary Economics, 49(8), 1621–1649. https://doi.org/10.1016/s0304-3932(02)00178-2

Berentsen, Aleksander, & Rocheteau, Guillaume. (2001). Monnaie et Termes de l’Echange dans les Modèles de Prospection, i.e. Money and Terms of Trade in Search-Theoretic Models. Revue d’Economie Politique, 111, 377–399. https://doi.org/10.3917/redp.113.0377

Berentsen, A. (2000). Money inventories in search equilibrium. Journal of Money, Credit and Banking, 32(2), 168–178. https://doi.org/10.2307/2601237

Berentsen, A. (1999). Monetary policy implications of digital money : reply to Malte Krueger. Kyklos, 52(2), 263–264. https://doi.org/10.1111/1467-6435.00085

Berentsen, A. (1998). Monetary policy implications of digital money. Kyklos, 51(1), 89–117. https://doi.org/10.1111/1467-6435.00039