Biography:
David Tercero-Lucas is an Assistant Professor in the Department of Economics at Universidad Pontificia Comillas – ICADE, in Madrid, Spain.
He obtained his Ph.D. in Applied Economics from Universitat Autònoma de Barcelona in 2022.
His main research areas include digital currencies (cryptocurrencies, stablecoins, and central bank digital currencies), payment systems, monetary policy, and applied economics. He has conducted research stays at the European Central Bank (ECB), the Bank for International Settlements (BIS), and the Bank of Spain.
His publications have appeared in international academic journals, and his work has been referenced in media outlets such as Financial Times and The Economist.
Areas of interest:
Digital currencies, cryptocurrencies, stablecoins, central bank digital currencies (CBDCs), payment systems, monetary policy, financial stability, and applied economics.
Experience:
Professor David Tercero Lucas has taught the following courses in recent years: Macroeconomics, International Macroeconomics, and Final Degree Project at ICADE, as well as the course "Blockchain and Cryptocurrencies" in the Master's in Finance and Banking at Pompeu Fabra University.
Skills:
Economic analysis, applied econometrics, macroeconomic modeling, payment systems analysis, financial regulation, blockchain and cryptocurrencies, academic research, and economic report writing.
Current research interests:
Digital currencies, payment systems, monetary policy, financial stability, financial regulation, sustainable finance, and the investment behavior and risk perception of cryptocurrency and NFT investors.
P. Lara-Bueno, D. Tercero-Lucas, "Two financial worlds and the bridge between them: profiling crypto, traditional, and dual investors", Journal of International Financial Markets, Institutions and Money, Vol. 109, pp. 102326, June 2026. [Online: March 2026] doi: 10.1016/j.intfin.2026.102326
JCR-JIF: 6,000 Q1 (2025) - SJR: 1,389 Q1 (2025) 
P. Di Casola, M.M. Habib, D. Tercero-Lucas, "Global and local drivers of Bitcoin trading vis-à-vis fiat currencies", Journal of International Money and Finance, Vol. 158, pp. 103405, September 2025. [Online: August 2025] doi: 10.1016/j.jimonfin.2025.103405
JCR-JIF: 3,600 Q1 (2025); - SJR: 1,364 Q1 (2025);
JCR-JIF: 10,200 Q1 (2025); - SJR: 2,373 Q1 (2025); 
