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Cecilia Parlatore

26 March 2015
WORKING PAPER SERIES - No. 1772
Fragility in money marketfunds: sponsor support and regulation
English
Details
Abstract
I develop a model of money market funds (MMFs) to study the ability of sponsor support to provide stability to the industry. I find that strategic complementarities in the sponsors
JEL Code
G01 : Financial Economics→General→Financial Crises
G21 : Financial Economics→Financial Institutions and Services→Banks, Depository Institutions, Micro Finance Institutions, Mortgages
G28 : Financial Economics→Financial Institutions and Services→Government Policy and Regulation
Network
ECB Lamfalussy Fellowship Programme