Plausibly Exogenous [1499] - Money Market Funds (03/10/2024)
LHS Variable
Price
RHS Variable
US money market funds (MMFs) Demand
Source of Exogenous Variation
Change of European repo volume at quarter-ends as an instrument
- Doerr, Eren, and Malamud (2023), “Money Market Funds and the Pricing of Near-Money Assets”