Details about Elizabeth Klee

Access statistics for papers by Elizabeth Klee.

Last updated 2024-07-04. Update your information in the RePEc Author Service.

Short-id: pkl179

Working Papers

2025

1. Central bank liquidity facilities around the world
   FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
2. Rewiring repo
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2024

3. Auto Finance in the Electric Vehicle Transition
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
4. The 2023 Banking Turmoil and the Bank Term Funding Program
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2023

5. The FOMC's Use of Operational Targets: 85 Years and Counting
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2022

6. Leverage and Stablecoin Pegs
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2021

7. The Fed's Discount Window in "Normal" Times
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   Also in Working Paper, Federal Reserve Bank of Richmond (2021)

2020

8. Monetary Policy Strategies and Tools: Financial Stability Considerations
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (8)
9. Post-crisis Signals in Securitization: Evidence from Auto ABS
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
10. Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Recent Debt Limit Impasses
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2017

11. Take it to the Limit: The Debt Ceiling and Treasury Yields
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
12. The Federal Reserve's Portfolio and its Effect on Interest Rates
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)

2016

13. Effects of Changing Monetary and Regulatory Policy on Overnight Money Markets
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (13)

2015

14. Dynamics of Overnight Money Markets: What Has Changed at the Zero Lower Bound?
    FEDS Notes, Board of Governors of the Federal Reserve System (U.S.)
15. Un-Networking: The Evolution of Networks in the Federal Funds Market
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (13)

2014

16. The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (9)
    See also Journal Article The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets, Journal of Money, Credit and Banking, Blackwell Publishing (2016) View citations (6) (2016)

2013

17. Analyzing Federal Reserve asset purchases: from whom does the Fed buy?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    See also Journal Article Analyzing Federal Reserve asset purchases: From whom does the Fed buy?, Journal of Banking & Finance, Elsevier (2015) View citations (60) (2015)
18. The Federal Reserve's balance sheet and earnings: a primer and projections
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (8)
    See also Journal Article The Federal Reserve's Balance Sheet and Earnings: A Primer and Projections, International Journal of Central Banking, International Journal of Central Banking (2015) View citations (27) (2015)

2012

19. Arbitrage, liquidity and exit: the repo and federal funds markets before, during, and emerging from the financial crisis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (22)
20. Expectations about the Federal Reserve's balance sheet and the term structure of interest rates
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    See also Journal Article Expectations about the Federal Reserve’s Balance Sheet and the Term Structure of Interest Rates, International Journal of Central Banking, International Journal of Central Banking (2018) View citations (24) (2018)
21. The Federal Reserve's balance sheet: a primer and projections
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)

2011

22. The first line of defense: the discount window during the early stages of the financial crisis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article The First Line of Defense: The Discount Window during the Early Stages of the Financial Crisis, International Journal of Central Banking, International Journal of Central Banking (2021) View citations (1) (2021)

2010

23. The mechanics of a graceful exit: interest on reserves and segmentation in the federal funds market
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    Also in Staff Reports, Federal Reserve Bank of New York (2009) View citations (8)
    See also Journal Article The mechanics of a graceful exit: Interest on reserves and segmentation in the federal funds market, Journal of Monetary Economics, Elsevier (2011) View citations (137) (2011)

2009

24. A study of U.S. monetary policy implementation: demand for reserves on a period average basis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
25. Whither the liquidity effect: the impact of Federal Reserve Open Market Operations in recent years
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
    See also Journal Article Whither the liquidity effect: The impact of Federal Reserve open market operations in recent years, Journal of Macroeconomics, Elsevier (2010) View citations (17) (2010)

2007

26. Operational problems and aggregate uncertainty in the federal funds market
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

2006

27. Families' use of payment instruments during a decade of change in the U.S. payment system
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (22)
28. Paper or plastic? the effect of time on the use of check and debit cards at grocery stores
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (9)

2005

29. Paper or Plastic? The Effect of Time on Check and Debit Card Use at Grocery Stores
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (4)

2002

30. Technology adoption and consumer payments: evidence from survey data
    Payments System Research Working Paper, Federal Reserve Bank of Kansas City
    See also Journal Article Technology Adoption and Consumer Payments: Evidence from Survey Data, Review of Network Economics, De Gruyter (2003) View citations (83) (2003)

Journal Articles

2023

1. Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Debt Limit Impasses
   Journal of Money, Credit and Banking, 2023, 55, (6), 1475-1506 View citations (1)

2021

2. The First Line of Defense: The Discount Window during the Early Stages of the Financial Crisis
   International Journal of Central Banking, 2021, 17, (1), 143-190 View citations (1)
   See also Working Paper The first line of defense: the discount window during the early stages of the financial crisis, Finance and Economics Discussion Series (2011) (2011)
3. The federal funds network and monetary policy transmission: Evidence from the 2007–2009 financial crisis
   Journal of Monetary Economics, 2021, 117, (C), 187-202 View citations (4)

2019

4. Effects of Changing Monetary and Regulatory Policy on Money Markets
   International Journal of Central Banking, 2019, 15, (4), 165-205 View citations (7)

2018

5. Expectations about the Federal Reserve’s Balance Sheet and the Term Structure of Interest Rates
   International Journal of Central Banking, 2018, 14, (2), 341-391 View citations (24)
   See also Working Paper Expectations about the Federal Reserve's balance sheet and the term structure of interest rates, Finance and Economics Discussion Series (2012) View citations (7) (2012)

2016

6. The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets
   Journal of Money, Credit and Banking, 2016, 48, (5), 921-955 View citations (6)
   See also Working Paper The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets, Finance and Economics Discussion Series (2014) View citations (9) (2014)

2015

7. Analyzing Federal Reserve asset purchases: From whom does the Fed buy?
   Journal of Banking & Finance, 2015, 52, (C), 230-244 View citations (60)
   See also Working Paper Analyzing Federal Reserve asset purchases: from whom does the Fed buy?, Finance and Economics Discussion Series (2013) View citations (3) (2013)
8. The Federal Reserve's Balance Sheet and Earnings: A Primer and Projections
   International Journal of Central Banking, 2015, 11, (2), 237-283 View citations (27)
   See also Working Paper The Federal Reserve's balance sheet and earnings: a primer and projections, Finance and Economics Discussion Series (2013) View citations (8) (2013)

2011

9. Big bank, small bank: Monetary policy implementation and banks' reserve management strategies
   Journal of Economics and Business, 2011, 63, (4), 306-328
10. The mechanics of a graceful exit: Interest on reserves and segmentation in the federal funds market
    Journal of Monetary Economics, 2011, 58, (5), 415-431 View citations (137)
    See also Working Paper The mechanics of a graceful exit: interest on reserves and segmentation in the federal funds market, Finance and Economics Discussion Series (2010) View citations (7) (2010)

2010

11. Operational outages and aggregate uncertainty in the federal funds market
    Journal of Banking & Finance, 2010, 34, (10), 2386-2402 View citations (14)
12. Whither the liquidity effect: The impact of Federal Reserve open market operations in recent years
    Journal of Macroeconomics, 2010, 32, (3), 713-731 View citations (17)
    See also Working Paper Whither the liquidity effect: the impact of Federal Reserve Open Market Operations in recent years, Finance and Economics Discussion Series (2009) View citations (1) (2009)

2008

13. How people pay: Evidence from grocery store data
    Journal of Monetary Economics, 2008, 55, (3), 526-541 View citations (176)

2007

14. Comparisons of the Incentive for Insolvency under Different Legal Regimes
    The Journal of Legal Studies, 2007, 36, (1), 141-170

2006

15. Profits and balance sheet developments at U.S. commercial banks in 2005
    Federal Reserve Bulletin, 2006, 92, (Jun), a77-a108

2005

16. Profits and balance sheet developments at U.S. commercial banks in 2004
    Federal Reserve Bulletin, 2005, 91, (Spr), 143-174 View citations (1)

2003

17. Technology Adoption and Consumer Payments: Evidence from Survey Data
    Review of Network Economics, 2003, 2, (2), 16 View citations (83)
    See also Working Paper Technology adoption and consumer payments: evidence from survey data, Payments System Research Working Paper (2002) (2002)