Flight-to-quality—Money market mutual funds and stablecoins during the March 2023 banking crisis
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DOI: 10.1016/j.econlet.2023.111464
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References listed on IDEAS
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"Shadow Insurance? Money Market Fund Investors and Bank Sponsorship [Do global banks spread global imbalances? Asset-backed commercial paper during the financial crisis of 2007–09],"
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- Stefan Jacewitz & Haluk Unal & Chengjun Wu, 2021. "Shadow Insurance? Money Market Fund Investors and Bank Sponsorship," Research Working Paper RWP 21-07, Federal Reserve Bank of Kansas City.
- Christian Catalini & Alonso de Gortari & Nihar Shah, 2022. "Some Simple Economics of Stablecoins," Annual Review of Financial Economics, Annual Reviews, vol. 14(1), pages 117-135, November.
- John Caramichael & Gordon Y. Liao, 2022. "Stablecoins: Growth Potential and Impact on Banking," International Finance Discussion Papers 1334, Board of Governors of the Federal Reserve System (U.S.).
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More about this item
Keywords
Silicon valley bank; Signature bank; Flight-to-quality; Money market mutual fund; Stablecoin;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G1 - Financial Economics - - General Financial Markets
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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