Marco Cipriani

Marco Cipriani

Head of Money and Payments Studies
Money and Payments Studies
Federal Reserve Bank of New York
33 Liberty Street
New York, 10045

marco.cipriani@ny.frb.org

   
The Money Market Mutual Fund Liquidity Facility
With Kenechukwu Anadu, Ryan M. Craver, and Gabriele La Spada
Federal Reserve Bank of New York Economic Policy Review, Volume 28 Number 1, June 2022

The Market Events of Mid-September 2019
With Gara Afonso, Adam Copeland, Anna Kovner, Gabriele La Spada, and Antoine Martin
Federal Reserve Bank of New York Economic Policy Review, Volume 27 Number 2, August 2021

Investors’ Appetite for Money-Like Assets: The Money Market Fund Industry after the 2014 Regulatory Reform
with G. La Spada
Journal of Financial Economics, 140(1), April 2021, 250-269

Leverage and Asset Prices: An Experiment
with A. Fostel and D. Houser
Journal of Economic Behavior and Organization, 183, March 2021, 700-717

A New Survey of the U.S. Bilateral Repo Market: A Snapshot of Broker-Dealer Activity
with V. Baklanova, C. Caglio, and A. Copeland
Review of Economic Dynamics, 33, July 2019, 228-249

Collateral Constraints and the Law of One Price: An Experiment
With A. Fostel and D. Houser
Journal of Finance, 73(6), December 2018, 2757-2786

Informational Contagion in the Laboratory
With A. Guarino, G. Guazzarotti, F. Tagliati, and S. Fischer
Review of Finance, 22(3), May 2018, 877-904

Repo Market Functioning
With members of the Study Group established by the CGFS (BIS)
CGFS Paper 59, April 2017

Estimating a Structural Model of Herd Behavior in Financial Markets
With A. Guarino
American Economic Review, 104(1), January 2014, 224-51

Portfolio Rebalancing and Financial Contagion: An Experimental Analysis
with G. Gardenal and A. Guarino
Journal of Banking and Finance37(11), November 2013, 4310-4326

The Minimum Balance at Risk: a Proposal to Mitigate Systemic Risks Posed by Money Market Funds
With P. McCabe, M. Holscher and A. Martin
Brookings Papers on Economic Activity, Spring 2013
         
Like Mother Like Son? Experimental Evidence on the Transmission of Values from Parents to Children
With P. Giuliano and O. Jeanne
Journal of Economic Behavior and Organization90, 100-111, June 2013

A Bayesian Approach to Experimental Analysis: Trading in a Laboratory Financial Market
With A. Guarino and R. Costantini
Review of Economic Design16(2), 175-191, September 2012

Herd Behavior in Financial Markets: A Field Experiment with Financial Market Professionals
With A. Guarino
Journal of the European Economic Association, vol. 7(1), 206-233, March 2009

Transaction Costs and Informational Cascades in Financial Markets: Theory and Experimental Evidence
With A. Guarino
Journal of Economic Behavior and Organization, 68(3-4), 581-592, December 2008

Herd Behavior and Contagion in Financial Markets
With A. Guarino
The B.E. Journal of Theoretical Economics (Contributions) , 8(1), Art. 24, October 2008

Volatility in International Financial Market Issuance: The Role of the Financial Center
With G. Kaminsky
Open Economies Review, 18(2), 157-176, April 2007

Herd Behavior in a Laboratory Financial Market
With A. Guarino
American Economic Review, 95(5), 1427-1443, December 2005

Noise Trading in a Laboratory Financial Market: A Maximum Likelihood Approach
With A. Guarino
Journal of the European Economic Association, 3(2-3), 315-321, April-May 2005

Social Learning and Financial Crises
With A. Guarino
In Risk Measurement and Systemic Risk. Proceedings of the Third Joint Central Bank Research Conference, 77-83. Basel: Bank for International Settlements, 2002

Marco Cipriani's CVPDF

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