Full professor
Academic disciplines: 

U6, Floor 03, Room 3063
Piazza dell’Ateneo Nuovo,1 - 20126 MILANO


I earned my PhD in Economics from the London School of Economics in 2005 with a thesis in monetary theory under the supervision of John Hardman Moore. I emerged from the job market with a tenure track position at the Economics Department of the University of Madrid, Carlos III, where I subsequently obtained tenure as Associate Professor. Having obtained the Montalcini fellowship for young researchers from the Italian government, in 2011 I moved back to Italy, joining the Economics and Finance Department of the University of Rome, Tor Vergata, where I subsequently became Full Professor. In 2021, I moved to the Department of Economics, Management and Statistics of the University of Milan, Bicocca, where I am Full Professor of Economics. My main research interest is still in monetary theory, with a focus on the relationship between money and credit in microfounded models of money. 


  • Ferraris, L., & Araujo, L. (In corso di stampa). Societal Benefit of Multiple Currencies. JOURNAL OF MONEY, CREDIT, AND BANKING.
  • Araujo, L., & Ferraris, L. (2020). Money and Credit Remix. MACROECONOMIC DYNAMICS, 1-14 [10.1017/S1365100520000462].
  • Amendola, N., & Ferraris, L. (2020). Money and Limited Enforcement in Multilateral Exchange. MACROECONOMIC DYNAMICS, 24(5 (July 2020)), 1222-1239 [10.1017/S1365100518000822].
  • Ferraris, L., & Mattesini, F. (2020). Money and Collateral. JOURNAL OF MONEY, CREDIT, AND BANKING, 52(7 (October 2020)), 1617-1644 [10.1111/jmcb.12724].
  • Araujo, L., & Ferraris, L. (2020). Money, Bonds and the Liquidity Trap. JOURNAL OF MONEY, CREDIT, AND BANKING, 52(7 (October 2020)), 1853-1867 [10.1111/jmcb.12697].