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

   

Anatomy of the Bank Runs in March 2023
With Thomas M. Eisenbach and Anna Kovner
Federal Reserve Bank of New York Liberty Street Economics, December 20, 2024

Monetary Policy and Money Market Funds in Europe
With Daniel , Stefan Greppmair, Gabriele La Spada, and Karol Paludkiewicz
Federal Reserve Bank of New York Liberty Street Economics, April 11, 2024

Stablecoins and Crypto Shocks
With Kenechukwu Anadu, Pablo Azar, Thomas M. Eisenbach, Catherine Huang, Mattia Landoni, Gabriele La Spada, Marco Macchiavelli, Antoine Malfroy-Camine, and J. Christina Wang
Federal Reserve Bank of New York Liberty Street Economics, March 08, 2024

Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023
With Gara Afonso and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, December 19, 2023

Treasury Bill Supply and ON RRP Investment
With Gara Afonso, Catherine Huang, Gabriele La Spada, and Sergio Olivas
Federal Reserve Bank of New York Liberty Street Economics, November 29, 2023

Liquidity Fees, Swing Pricing, and the 2023 Money Market Fund Reforms
With Antoine Martin, Patrick E. McCabe, and Will Riordan
Federal Reserve Bank of New York The Teller Window, August 21, 2023

The Federal Reserve’s Two Key Rates: Similar but Not the Same?
With Gara Afonso, Gabriele La Spada, and Peter Prastakos
Federal Reserve Bank of New York Liberty Street Economics, August 14, 2023

Runs on Stablecoins
With Kenechukwu Anadu, Pablo Azar, Thomas M. Eisenbach, Catherine Huang, Mattia Landoni, Gabriele La Spada, Marco Macchiavelli, Antoine Malfroy-Camine, and J. Christina Wang
Federal Reserve Bank of New York Liberty Street Economics, July 12, 2023

Banks’ Balance-Sheet Costs and ON RRP Investment
With Gara Afonso, Catherine Huang, and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, May 18, 2023

Mitigating the Risk of Runs on Uninsured Deposits: the Minimum Balance at Risk
With Michael Holscher, Patrick McGuire, Antoine Martin, and Richard Berner
Federal Reserve Bank of New York Liberty Street Economics, April 14, 2023

Monetary Policy Transmission and the Size of the Money Market Fund Industry: An Update
With Gara Afonso, Catherine Huang, Abduelwahab Hussein, and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, April 03, 2023

The Fed’s Balance Sheet Runoff: The Role of Levered NBFIs and Households
With James Clouse, Lorie Logan, Antoine Martin, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, April 12, 2022

The Fed’s Balance Sheet Runoff and the ON RRP Facility
With James Clouse, Lorie Logan, Antoine Martin, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, April 11, 2022

Pricing Liquidity without Preemptive Runs
With Antoine Martin and Patrick E. McCabe
Federal Reserve Bank of New York Liberty Street Economics, January 31, 2022

Preemptive Runs and the Offshore U.S. Dollar Money Market Funds Industry
With Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, November 22, 2021

How Bank Reserves Are Distributed Matters. How You Measure Distribution Matters Too.
With Gara Afonso, Steph Clampitt, Haitham Jendoubi, Gabriele La Spada, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, November 24, 2020

A New Reserves Regime? COVID-19 and the Federal Reserve Balance Sheet
With Gara Afonso, Gabriele La Spada, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, July 07, 2020

Municipal Debt Markets and the COVID-19 Pandemic
With Andrew F. Haughwout, Ben Hyman, Anna Kovner, Gabriele La Spada, Matthew Lieber, and Shawn Nee
Federal Reserve Bank of New York Liberty Street Economics, June 29, 2020

The Money Market Mutual Fund Liquidity Facility
With Gabriele La Spada and Reed Orchinik
Federal Reserve Bank of New York Liberty Street Economics, May 08, 2020

Monetary Policy Transmission and the Size of the Money Market Fund Industry
With Jeff Gortmaker and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, November 20, 2019

The Transmission of Monetary Policy and the Sophistication of Money Market Fund Investors
With Jeff Gortmaker and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, September 04, 2019

Selected Deposits and the OBFR
With Alyssa Cambron, Joshua Jones, Romen Mookerjee, Scott Sherman, Brett Solimine, and Timothy Wessel
Federal Reserve Bank of New York Liberty Street Economics, May 06, 2019

The Premium for Money-Like Assets
With Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, July 18, 2018

Introducing the Revised Broad Treasuries Financing Rate
With , Alyssa Cambron, Adam Copeland, Scott Sherman, and Brett Solimine
Federal Reserve Bank of New York Liberty Street Economics, June 19, 2017

Money Market Funds and the New SEC Regulation
With Catherine Chen, Gabriele La Spada, Philip Mulder, and Neha Shah
Federal Reserve Bank of New York Liberty Street Economics, March 20, 2017

Investigating the Proposed Overnight Treasury GC Repo Benchmark Rates
With Alexandra Altman, , Adam Copeland, Scott Sherman, and Brett Solimine
Federal Reserve Bank of New York Liberty Street Economics, December 19, 2016

Borrowing, Lending, and Swapping Collateral in GCF Repo®
With Adam Copeland
Federal Reserve Bank of New York Liberty Street Economics, May 05, 2016

Why Dealers Trade in GCF Repo®
With Adam Copeland
Federal Reserve Bank of New York Liberty Street Economics, May 04, 2016

The New Overnight Bank Funding Rate
With Julia Gouny, Matthew Kessler, and Adam Spiegel
Federal Reserve Bank of New York Liberty Street Economics, November 09, 2015

The Eurodollar Market in the United States
With Julia Gouny
Federal Reserve Bank of New York Liberty Street Economics, May 27, 2015

The FR 2420 Data Collection: A New Base for the Fed Funds Rate
With Jonathan Cohn
Federal Reserve Bank of New York Liberty Street Economics, April 08, 2015

Herd Behavior in Financial Markets
With Antonio Guarino
Federal Reserve Bank of New York Liberty Street Economics, March 09, 2015

Gates, Fees, and Preemptive Runs
With Antoine Martin, Patrick E. McCabe, and Bruno Maria Parigi
Federal Reserve Bank of New York Liberty Street Economics, August 18, 2014

Are Economic Values Transmitted from Parents to Children?
With Paola Giuliano and Olivier Jeanne
Federal Reserve Bank of New York Liberty Street Economics, January 06, 2014

The Fragility of an MMF-Intermediated Financial System
With Antoine Martin and Bruno Maria Parigi
Federal Reserve Bank of New York Liberty Street Economics, December 23, 2013

Twenty-Eight Money Market Funds That Could Have Broken the Buck: New Data on Losses during the 2008 Crisis
With Michael Holscher, Antoine Martin, and Patrick E. McCabe
Federal Reserve Bank of New York Liberty Street Economics, October 09, 2013

The Minimum Balance at Risk: A Proposal to Stabilize Money Market Funds
Federal Reserve Bank of New York Liberty Street Economics, October 15, 2012

Money Market Funds and Systemic Risk
With Michael Holscher, Antoine Martin, and Patrick E. McCabe
Federal Reserve Bank of New York Liberty Street Economics, June 11, 2012

The Flash Crash, Two Years On
With Adam Biesenbach
Federal Reserve Bank of New York Liberty Street Economics, May 07, 2012


Marco Cipriani's CVPDF The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.
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