Details about Marco Cipriani

Access statistics for papers by Marco Cipriani.

Last updated 2021-02-25. Update your information in the RePEc Author Service.

Short-id: pci23

Working Papers

2023

1. Financial Sanctions, SWIFT, and the Architecture of the International Payments System
   Staff Reports, Federal Reserve Bank of New York View citations (1)

2022

2. Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP
   Staff Reports, Federal Reserve Bank of New York
3. Pricing Liquidity without Preemptive Runs
   Liberty Street Economics, Federal Reserve Bank of New York
4. Strategic Sophistication and Trading Profits: An Experiment with Professional Traders
   Staff Reports, Federal Reserve Bank of New York
5. The Fed’s Balance Sheet Runoff and the ON RRP Facility
   Liberty Street Economics, Federal Reserve Bank of New York
6. The Fed’s Balance Sheet Runoff: The Role of Levered NBFIs and Households
   Liberty Street Economics, Federal Reserve Bank of New York

2021

7. COVID Response: The Money Market Mutual Fund Facility
   Staff Reports, Federal Reserve Bank of New York View citations (2)
8. Financial Transaction Taxes and the Informational Efficiency of Financial Markets: A Structural Estimation
   Staff Reports, Federal Reserve Bank of New York
   Also in CeMMAP working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (2019)
   2015 Meeting Papers, Society for Economic Dynamics (2015)
9. Preemptive Runs and the Offshore U.S. Dollar Money Market Funds Industry
   Liberty Street Economics, Federal Reserve Bank of New York
10. Sophisticated and Unsophisticated Runs
    Liberty Street Economics, Federal Reserve Bank of New York View citations (3)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (8)

2020

11. A New Reserves Regime? COVID-19 and the Federal Reserve Balance Sheet
    Liberty Street Economics, Federal Reserve Bank of New York
12. How Bank Reserves Are Distributed Matters. How You Measure Their Distribution Matters Too
    Liberty Street Economics, Federal Reserve Bank of New York
13. Investors' Appetite for Money-Like Assets: The MMF Industry after the 2014 Regulatory Reform
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
14. Leverage and Asset Prices: An Experiment
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (7)
    Working Papers, George Mason University, Interdisciplinary Center for Economic Science (2012) View citations (5)
15. Municipal Debt Markets and the COVID-19 Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York View citations (9)
16. Risk Preferences at the Time of COVID-19: An Experiment with Professional Traders and Students
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (32)
    Also in Staff Reports, Federal Reserve Bank of New York (2020) View citations (18)
17. The Market Events of Mid-September 2019
    Staff Reports, Federal Reserve Bank of New York View citations (4)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (9)
    See also Journal Article in Economic Policy Review (2021)
18. The Money Market Fund Liquidity Facility
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
19. Trading by Professional Traders: An Experiment
    Staff Reports, Federal Reserve Bank of New York View citations (1)

2019

20. Endogenous Leverage and Default in the Laboratory
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Staff Reports, Federal Reserve Bank of New York (2019) View citations (1)
21. Selected Deposits and the OBFR
    Liberty Street Economics, Federal Reserve Bank of New York
22. The Transmission of Monetary Policy and the Sophistication of Money Market Fund Investors
    Liberty Street Economics, Federal Reserve Bank of New York

2018

23. The Premium for Money-Like Assets
    Liberty Street Economics, Federal Reserve Bank of New York

2017

24. Introducing the Revised Broad Treasuries Financing Rate
    Liberty Street Economics, Federal Reserve Bank of New York
25. Investors’ appetite for money-like assets: the money market fund industry after the 2014 regulatory reform
    Staff Reports, Federal Reserve Bank of New York View citations (7)
26. Money Market Funds and the New SEC Regulation
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)

2016

27. Borrowing, Lending, and Swapping Collateral in GCF Repo®
    Liberty Street Economics, Federal Reserve Bank of New York
28. Informational contagion in the laboratory
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2015) View citations (5)
    See also Journal Article in Review of Finance (2018)
29. Investigating the Proposed Overnight Treasury GC Repo Benchmark Rates
    Liberty Street Economics, Federal Reserve Bank of New York
30. The U.S. Bilateral Repo Market: Lessons from a New Survey
    Briefs, Office of Financial Research, US Department of the Treasury View citations (4)
31. The use of collateral in bilateral repurchase and securities lending agreements
    Staff Reports, Federal Reserve Bank of New York View citations (7)
    See also Journal Article in Review of Economic Dynamics (2019)
32. Why Dealers Trade in GCF Repo®
    Liberty Street Economics, Federal Reserve Bank of New York

2015

33. Herd Behavior in Financial Markets
    Liberty Street Economics, Federal Reserve Bank of New York
34. The Eurodollar Market in the United States
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
35. The FR 2420 Data Collection: A New Base for the Fed Funds Rate
    Liberty Street Economics, Federal Reserve Bank of New York
36. The New Overnight Bank Funding Rate
    Liberty Street Economics, Federal Reserve Bank of New York

2014

37. Are Economic Values Transmitted from Parents to Children?
    Liberty Street Economics, Federal Reserve Bank of New York
38. Gates, Fees, and Preemptive Runs
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (6)
    Also in Staff Reports, Federal Reserve Bank of New York (2014) View citations (8)
    Liberty Street Economics, Federal Reserve Bank of New York (2014) View citations (3)

2013

39. Money market funds intermediation, bank instability, and contagion
    Staff Reports, Federal Reserve Bank of New York View citations (4)
40. The Fragility of an MMF-Intermediated Financial System
    Liberty Street Economics, Federal Reserve Bank of New York
41. Twenty-Eight Money Market Funds That Could Have Broken the Buck: New Data on Losses during the 2008 Crisis
    Liberty Street Economics, Federal Reserve Bank of New York

2012

42. Estimating a structural model of herd behavior in financial markets
    Staff Reports, Federal Reserve Bank of New York View citations (1)
    Also in IMF Working Papers, International Monetary Fund (2010) View citations (3)
    See also Journal Article in American Economic Review (2014)
43. Money Market Funds and Systemic Risk
    Liberty Street Economics, Federal Reserve Bank of New York
44. The Flash Crash, Two Years On
    Liberty Street Economics, Federal Reserve Bank of New York
45. The Minimum Balance at Risk: A Proposal to Stabilize Money Market Funds
    Liberty Street Economics, Federal Reserve Bank of New York
46. The minimum balance at risk: a proposal to mitigate the systemic risks posed by money market funds
    Staff Reports, Federal Reserve Bank of New York View citations (11)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2012) View citations (6)
    See also Journal Article in Brookings Papers on Economic Activity (2013)

2010

47. Herd Behavior and Contagion in Financial Markets
    Working Papers, The George Washington University, Institute for International Economic Policy View citations (26)
    See also Journal Article in The B.E. Journal of Theoretical Economics (2008)

2008

48. Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals
    IMF Working Papers, International Monetary Fund View citations (12)
    Also in Working Papers, The George Washington University, Institute for International Economic Policy (2008) View citations (7)
    WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London (2008) View citations (3)
    See also Journal Article in Journal of the European Economic Association (2009)

2007

49. Like Mother Like Son? Experimental Evidence on the Transmission of Values from Parents to Children
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (24)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (24)
    See also Journal Article in Journal of Economic Behavior & Organization (2013)
50. Transaction costs and informational cascades in financial markets: Theory and experimental evidence
    Working Paper Series, European Central Bank View citations (4)
    Also in WEF Working Papers, ESRC World Economy and Finance Research Programme, Birkbeck, University of London (2006) View citations (3)
51. Volatility in International Financial Market Issuance: The Role of the Financial Center
    Working Papers, Hong Kong Institute for Monetary Research View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (1)
    See also Journal Article in Open Economies Review (2007)

2005

52. Herd Behavior in a Laboratory Financial Market
    Experimental, University Library of Munich, Germany View citations (137)
    See also Journal Article in American Economic Review (2005)

Journal Articles

2022

1. The Money Market Mutual Fund Liquidity Facility
   Economic Policy Review, 2022, 28, (1)

2021

2. The Market Events of Mid-September 2019
   Economic Policy Review, 2021, 27, (2), 26
   See also Working Paper (2020)

2019

3. The Use of Collateral in Bilateral Repurchase and Securities Lending Agreements
   Review of Economic Dynamics, 2019, 33, 228-249 View citations (11)
   See also Working Paper (2016)
   Software Item (2019)

2018

4. Collateral Constraints and the Law of One Price: An Experiment
   Journal of Finance, 2018, 73, (6), 2757-2786 View citations (14)
5. Informational Contagion in the Laboratory
   Review of Finance, 2018, 22, (3), 877-904 View citations (5)
   See also Working Paper (2016)

2014

6. Estimating a Structural Model of Herd Behavior in Financial Markets
   American Economic Review, 2014, 104, (1), 224-51 View citations (29)
   See also Working Paper (2012)

2013

7. Financial contagion in the laboratory: The cross-market rebalancing channel
   Journal of Banking & Finance, 2013, 37, (11), 4310-4326 View citations (12)
8. Like mother like son? Experimental evidence on the transmission of values from parents to children
   Journal of Economic Behavior & Organization, 2013, 90, (C), 100-111 View citations (41)
   See also Working Paper (2007)
9. The Minimum Balance at Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market Funds
   Brookings Papers on Economic Activity, 2013, 44, (1 (Spring)), 211-278 View citations (7)
   See also Working Paper (2012)

2012

10. A Bayesian approach to experimental analysis: trading in a laboratory financial market
    Review of Economic Design, 2012, 16, (2), 175-191 View citations (8)

2009

11. Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals
    Journal of the European Economic Association, 2009, 7, (1), 206-233 View citations (78)
    See also Working Paper (2008)

2008

12. Herd Behavior and Contagion in Financial Markets
    The B.E. Journal of Theoretical Economics, 2008, 8, (1), 1-56 View citations (80)
    See also Working Paper (2010)
13. Transaction costs and informational cascades in financial markets
    Journal of Economic Behavior & Organization, 2008, 68, (3-4), 581-592 View citations (28)

2007

14. Volatility in International Financial Market Issuance: The Role of the Financial Center
    Open Economies Review, 2007, 18, (2), 157-176 View citations (1)
    See also Working Paper (2007)

2005

15. Herd Behavior in a Laboratory Financial Market
    American Economic Review, 2005, 95, (5), 1427-1443 View citations (135)
    See also Working Paper (2005)
16. Noise Trading in a Laboratory Financial Market: A Maximum Likelihood Approach
    Journal of the European Economic Association, 2005, 3, (2-3), 315-321 View citations (3)

Software Items

2019

1. Code and data files for "The Use of Collateral in Bilateral Repurchase and Securities Lending Agreements"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2019)