Marco Macchiavelli

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

17

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SSRN CITATIONS
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Top 37,585

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7

CROSSREF CITATIONS

11

Scholarly Papers (17)

The Political Origin of Home Bias: The Case of Europe

Number of pages: 44 Posted: 11 Jul 2014 Last Revised: 22 Mar 2016
Filippo De Marco and Marco Macchiavelli
Bocconi University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 339 (96,236)

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Banks-sovereign nexus, Home Bias, Political Connections, Bail-outs and government-owned banks, Board of Directors

The Political Origin of Home Bias: The Case of Europe

FEDS Working Paper No. 2016-060
Number of pages: 48 Posted: 08 Aug 2016
Filippo De Marco and Marco Macchiavelli
Bocconi University - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 44 (453,694)

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Banks-sovereign nexus, Home bias, Government-owned banks, Banks' recapitalization, Board of directors

2.
Downloads 227 (147,564)
Citation 1

Liquidity Regulation and Financial Intermediaries

Number of pages: 51 Posted: 29 May 2018 Last Revised: 20 Dec 2019
Marco Macchiavelli and Luke Pettit
Board of Governors of the Federal Reserve System and Federal Reserve Board of Governors
Downloads 198 (167,586)
Citation 1

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Broker-Dealers, Repos, Liquidity Coverage Ratio, Basel III

Liquidity Regulation and Financial Intermediaries

FEDS Working Paper No. 2018-084
Number of pages: 47 Posted: 10 Dec 2018 Last Revised: 21 Feb 2019
Marco Macchiavelli and Luke Pettit
Board of Governors of the Federal Reserve System and Federal Reserve Board of Governors
Downloads 29 (527,543)

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Basel III, Broker-dealers, Liquidity coverage ratio, Repurchase agreements

The Information Sensitivity of Debt in Good and Bad Times

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 32 Posted: 26 May 2014 Last Revised: 21 Aug 2018
Emanuele Brancati and Marco Macchiavelli
Sapienza University of Rome and Board of Governors of the Federal Reserve System
Downloads 163 (199,339)
Citation 6

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Financial Crisis, CDS Spreads, Information Sensitivity

4.

Funding Liquidity and Market Liquidity: The Broker-Dealer Perspective

Number of pages: 47 Posted: 10 Jan 2019 Last Revised: 07 Nov 2019
Marco Macchiavelli and Xing (Alex) Zhou
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 169 (193,138)
Citation 5

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funding liquidity, market liquidity, repos, broker-dealers, corporate bonds

5.

Runs and Interventions in the Time of COVID-19: Evidence from Money Funds

Number of pages: 48 Posted: 26 May 2020 Last Revised: 12 Jun 2020
Lei Li, Yi Li, Marco Macchiavelli and Xing (Alex) Zhou
Board of Governors of the Federal Reserve System, Federal Reserve Board, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 107 (275,941)

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runs, money market funds, COVID-19, MMLF

International Diversification and Information Heterogeneity

Number of pages: 62 Posted: 06 Oct 2017 Last Revised: 20 Aug 2019
Filippo De Marco, Marco Macchiavelli and Rosen Valchev
Bocconi University - Department of Finance, Board of Governors of the Federal Reserve System and Boston College
Downloads 74 (351,397)

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International Investment, Portfolio Choice, Expectations, Information Choice

International Diversification and Information Heterogeneity

Number of pages: 62 Posted: 18 Dec 2017 Last Revised: 11 Sep 2019
Filippo De Marco, Marco Macchiavelli and Rosen Valchev
Bocconi University - Department of Finance, Board of Governors of the Federal Reserve System and Boston College
Downloads 30 (521,786)

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International Investment, Portfolio Choice, Expectations, Information Choice

7.
Downloads 99 (290,958)
Citation 1

Endogenous Debt Maturity and Rollover Risk

FEDS Working Paper No. 2016-074
Number of pages: 55 Posted: 26 Sep 2016
Emanuele Brancati and Marco Macchiavelli
Sapienza University of Rome and Board of Governors of the Federal Reserve System
Downloads 53 (418,306)

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Banks, Debt issuance, Financial crisis, Maturity structure, Rollover risk

Endogenous Debt Maturity and Rollover Risk

Financial Management, Forthcoming
Number of pages: 42 Posted: 15 Jun 2016 Last Revised: 22 Aug 2018
Emanuele Brancati and Marco Macchiavelli
Sapienza University of Rome and Board of Governors of the Federal Reserve System
Downloads 46 (445,425)
Citation 1

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Banks, Maturity Shortening, Rollover Risk, Debt Issuance, Financial Crisis

8.

Bank Lending Networks and the Propagation of Natural Disasters

Number of pages: 48 Posted: 14 Mar 2020 Last Revised: 08 May 2020
Ivan Ivanov, Marco Macchiavelli and João A. C. Santos
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Federal Reserve Bank of New York
Downloads 87 (315,865)

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Natural disasters, Syndicated loans, Bank networks, Shadow banks

9.

Interest on Reserves and Arbitrage in Post-Crisis Money Markets

FEDS Working Paper No. 2017-124
Number of pages: 29 Posted: 08 Jan 2018
Thomas Keating and Marco Macchiavelli
Government of the United States of America - Division of Monetary Affairs and Board of Governors of the Federal Reserve System
Downloads 56 (401,415)
Citation 1

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Arbitrage, Eurodollars, Fed funds, Interest on reserves, Monetary policy

10.

Emergency Loans and Collateral Upgrades: How Broker-Dealers used Federal Reserve Credit during the 2008 Financial Crisis

Number of pages: 62 Posted: 28 Aug 2018 Last Revised: 13 Sep 2019
Mark A. Carlson and Marco Macchiavelli
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 43 (449,123)

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Financial Crisis, Lender of Last Resort, Repo, Collateral, Dealers

11.

Primary Dealers During the 2007-08 Crisis: Assessing Risks and Vulnerabilities

Number of pages: 44 Posted: 28 Oct 2018 Last Revised: 21 Jul 2019
Marco Macchiavelli
Board of Governors of the Federal Reserve System
Downloads 38 (470,270)

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Financial Intermediation, Primary Dealers, Financial Crisis, Repos

12.

The Role of Dispersed Information in Pricing Default: Evidence from the Great Recession

FEDS Working Paper No. 2015-079, http://dx.doi.org/10.17016/FEDS.2015.079
Number of pages: 58 Posted: 27 Sep 2015 Last Revised: 24 Oct 2015
Emanuele Brancati and Marco Macchiavelli
Sapienza University of Rome and Board of Governors of the Federal Reserve System
Downloads 30 (508,364)

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CDS Spread, Coordination Risk, Dispersed Information, Financial Crisis, Global Games

13.

Access to Safe Assets and Financial Stability

Number of pages: 33 Posted: 09 Oct 2019
Marco Macchiavelli
Board of Governors of the Federal Reserve System
Downloads 29 (513,625)

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Money Market Mutual Funds, Safe Assets, Repo, Financial Stability

14.

Emergency Collateral Upgrades

FEDS Working Paper No. 2018-078
Number of pages: 41 Posted: 27 Nov 2018 Last Revised: 21 Feb 2019
Mark A. Carlson and Marco Macchiavelli
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 24 (542,414)

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Financial crisis, Lender of last resort, Collateral, Dealers, Repo

15.

Regulating Money: How Did Shadow Banks Respond to a $1 Trillion Shock

Number of pages: 37 Posted: 05 Jun 2020
Stefan Gissler, Marco Macchiavelli and Borghan Narajabad
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve
Downloads 21 (561,136)

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money markets, safe assets, shadow banks, interest rate risk

16.

Pirates without Borders: The Propagation of Cyberattacks through Firms’ Supply Chains

FRB of New York Staff Report No. 937
Number of pages: 42 Posted: 31 Jul 2020
Matteo Crosignani, Marco Macchiavelli and André F. Silva
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 13 (613,597)

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cyberattacks, supply chains, credit lines

17.

Shining a Light on the Shadows: Dealer Funding and Internalization

FEDS Notes No. 2019-12-20 https://doi.org/10.17016/2380-7172.2419
Posted: 07 May 2020
Marco Macchiavelli and Luke Pettit
Board of Governors of the Federal Reserve System and Federal Reserve Board of Governors

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