Adam M. Copeland

Federal Reserve Banks - Federal Reserve Bank of New York

Economist

33 Liberty Street

New York, NY 10045

United States

  • Federal Reserve Banks - Federal Reserve Bank of New York

SCHOLARLY PAPERS

32

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6,254

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Top 4,601

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219

CROSSREF CITATIONS

185

Ideas:
“  Currently, my work is focused on the U.S. money markets, financial intermediation, and financial stability.  ”

  • Federal Reserve Banks - Federal Reserve Bank of New York

Scholarly Papers (32)

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1.

Reference Guide to U.S. Repo and Securities Lending Markets

Downloads 841 (56,502)
Citation 24

Reference Guide to U.S. Repo and Securities Lending Markets

FRB of New York Staff Report No. 740
Number of pages: 69 Posted: 23 Sep 2015
Viktoria Baklanova, Adam M. Copeland and Rebecca McCaughrin
Securities and Exchange Commission (SEC), Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 711 (69,575)
Citation 37

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repo, securities lending

Reference Guide to U.S. Repo and Securities Lending Markets

Office of Financial Research Working Paper No. 15-17
Number of pages: 70 Posted: 23 Sep 2015
Viktoria Baklanova, Adam M. Copeland and Rebecca McCaughrin
Securities and Exchange Commission (SEC), Federal Reserve Banks - Federal Reserve Bank of New York and International Monetary Fund (IMF)
Downloads 130 (418,062)
Citation 8

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2.

The Tri-Party Repo Market before the 2010 Reforms

FRB of New York Staff Report No. 477
Number of pages: 83 Posted: 03 Dec 2010
Adam M. Copeland, Antoine Martin and Michael Walker
Federal Reserve Banks - Federal Reserve Bank of New York, Swiss National Bank and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 526 (103,193)
Citation 59

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Tri-Party Repo, Wholesale Funding, Short-Term Funding

3.

Reserves Were Not So Ample After All *

Stanford University Graduate School of Business Research Paper No. 4185217
Number of pages: 61 Posted: 09 Aug 2022
Adam M. Copeland, Darrell Duffie and Yilin (David) Yang
Federal Reserve Banks - Federal Reserve Bank of New York, Stanford University - Graduate School of Business and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 478 (115,824)

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Repo rates, reserve balances, intra-day payments, central-bank balance sheet. JEL codes: G14, D47, D82

4.

Repo and Securities Lending

Downloads 347 (166,983)
Citation 31

Repo and Securities Lending

FRB of New York Staff Report No. 529
Number of pages: 20 Posted: 24 Dec 2011
Tobias Adrian, Brian J. Begalle, Adam M. Copeland and Antoine Martin
International Monetary Fund, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 297 (195,652)
Citation 2

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systemic risk, repo

Repo and Securities Lending

NBER Working Paper No. w18549
Number of pages: 21 Posted: 20 Nov 2012 Last Revised: 09 Mar 2023
Tobias Adrian, Brian J. Begalle, Adam M. Copeland and Antoine Martin
International Monetary Fund, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 50 (752,103)
Citation 3

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5.

The Impact of Competition on Technology Adoption: An Apples-to-PCs Analysis

FRB of New York Staff Report No. 462
Number of pages: 54 Posted: 01 Aug 2010
Adam M. Copeland and Adam Hale Shapiro
Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of San Francisco
Downloads 326 (178,566)
Citation 6

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innovation, market structure, computers

6.

Deposit Stability in Uncertain Times: Evidence from the 1918 Influenza Pandemic

Downloads 317 (183,862)

Deposit Stability in Uncertain Times: Evidence from the 1918 Influenza Pandemic

Number of pages: 38 Posted: 30 Nov 2023
Haelim Anderson, Jin-Wook Chang and Adam M. Copeland
Bank Policy Institute, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 28 (929,731)

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1918 Influenza Pandemic, Deposit Flows, Funding Stability, Discount Window Bor- rowing, Bank Lendin

The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Influenza Pandemic

FRB of New York Staff Report No. 928
Number of pages: 42 Posted: 02 Jun 2020
Haelim Anderson, Jin-Wook Chang and Adam M. Copeland
Bank Policy Institute, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 146 (381,002)

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1918 influenza, pandemics, financial stability, bank lending, economic recovery

The Effect of the Central Bank Liquidity Support During Pandemics: Evidence from the 1918 Spanish Influenza Pandemic

FEDS Working Paper No. 2020-050
Number of pages: 42 Posted: 25 Jun 2020
Haelim Anderson, Jin-Wook Chang and Adam M. Copeland
Bank Policy Institute, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 112 (469,100)

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1918 Spanish influenza, Pandemics, Financial stability, Bank lending, Economic recovery

Deposit Stability in Uncertain Times: Evidence from the 1918 Influenza Pandemic

FDIC Center for Financial Research Paper No. 2020-02
Number of pages: 38 Posted: 22 Jun 2020 Last Revised: 27 Nov 2023
Haelim Anderson, Jin-Wook Chang and Adam M. Copeland
Bank Policy Institute, Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 31 (901,515)
Citation 1

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1918 Influenza Pandemic, Deposit Flows, Funding Stability, Discount Window Borrowing, Bank Lending

7.

Prices, Production, and Inventories Over the Automotive Model Year

Downloads 300 (194,992)
Citation 1

Prices, Production, and Inventories Over the Automotive Model Year

FEDS Working Paper No. 2005-25, Yale Working Papers on Economic Applications and Policy Discussion Paper No. 2
Number of pages: 38 Posted: 23 May 2005
Adam M. Copeland, Wendy E. Dunn and George J. Hall
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Brandeis University - Department of Economics and International Business School
Downloads 213 (272,355)

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Dynamic pricing, revenue management, discrete-choice demand estimation, build-to-stock inventory policy

Prices, Production and Inventories Over the Automotive Model Year

NBER Working Paper No. w11257
Number of pages: 38 Posted: 24 May 2005 Last Revised: 06 Oct 2022
Adam M. Copeland, Wendy E. Dunn and George J. Hall
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Brandeis University - Department of Economics and International Business School
Downloads 87 (558,895)

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8.

The Market Events of Mid-September 2019

Downloads 291 (201,249)
Citation 10

The Market Events of Mid-September 2019

FRB of New York Staff Report No. 918 (2020)
Number of pages: 30 Posted: 06 Mar 2020 Last Revised: 24 May 2023
Gara Afonso, Marco Cipriani, Adam M. Copeland, Anna Kovner, Gabriele La Spada and Antoine Martin
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 186 (308,784)
Citation 4

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federal funds market, repo market, central bank reserves, regulation, monetary policy

The Market Events of Mid-September 2019

Economic Policy Review, Vol. 27, No. 2
Number of pages: 26 Posted: 02 Sep 2021
Gara Afonso, Marco Cipriani, Adam M. Copeland, Anna Kovner, Gabriele La Spada and Antoine Martin
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 105 (492,111)
Citation 5

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federal funds market, repo market, central bank reserves, regulation, monetary policy implementation

The Market Events of Mid-September 2019

CEPR Discussion Paper No. DP14467
Number of pages: 33 Posted: 25 Mar 2020
Gara Afonso, Marco Cipriani, Adam M. Copeland, Anna Kovner, Gabriele La Spada and Antoine Martin
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
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Citation 2
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central bank reserves, Federal funds market, Monetary policy implementation, regulation, repo market

9.

The Financial Plumbing of the Gcf Repo® Service

Economic Policy Review, Issue 2, pp. 7-24, 2015
Number of pages: 18 Posted: 16 Dec 2016 Last Revised: 16 Dec 2017
Paul Agueci, Leyla Alkan, Adam M. Copeland, Kate Pingitore, Caroline Prugar and Tyisha Rivas
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 208 (279,483)

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GCF Repo, tri-party repo reforms, financial intermediation

10.

The Use of Collateral in Bilateral Repurchase and Securities Lending Agreements

FRB of NY Staff Report No. 758
Number of pages: 58 Posted: 14 Jan 2016 Last Revised: 26 Oct 2017
Viktoria Baklanova, Cecilia Caglio, Marco Cipriani and Adam M. Copeland
Securities and Exchange Commission (SEC), Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 205 (283,288)
Citation 6

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repo, securities lending, adverse selection, haircut

11.

Repo Runs: Evidence from the Tri-Party Repo Market

FRB of New York Staff Report No. 506
Number of pages: 39 Posted: 10 Aug 2011 Last Revised: 18 Sep 2012
Adam M. Copeland, Antoine Martin and Michael Walker
Federal Reserve Banks - Federal Reserve Bank of New York, Swiss National Bank and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 204 (284,545)
Citation 119

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tri-party repo, wholesale funding, short-term funding

12.

The Welfare Effects of Incentive Schemes

Number of pages: 33 Posted: 21 May 2003
Adam M. Copeland and Cyril Monnet
Federal Reserve Banks - Federal Reserve Bank of New York and University of Bern
Downloads 204 (284,545)
Citation 18

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principal-agent theory, personnel economics

13.

The Response of Prices, Sales, and Output to Temporary Changes in Demand

Downloads 183 (313,791)
Citation 11

The Response of Prices, Sales, and Output to Temporary Changes in Demand

Cowles Foundation Discussion Paper No. 1543
Number of pages: 41 Posted: 07 Dec 2005
Adam M. Copeland and George J. Hall
Federal Reserve Banks - Federal Reserve Bank of New York and Brandeis University - Department of Economics and International Business School
Downloads 141 (391,802)

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automobile pricing, inventories, revenue management, indirect inference

The Response of Prices, Sales, and Output to Temporary Changes in Demand

NBER Working Paper No. w11870
Number of pages: 41 Posted: 09 Mar 2006 Last Revised: 09 Dec 2022
Adam M. Copeland and George J. Hall
Federal Reserve Banks - Federal Reserve Bank of New York and Brandeis University - Department of Economics and International Business School
Downloads 42 (809,256)
Citation 1

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14.

The Global Dash for Cash: Why Sovereign Bond Market Functioning Varied across Jurisdictions in March 2020

Downloads 176 (324,978)
Citation 3

The Global Dash for Cash: Why Sovereign Bond Market Functioning Varied across Jurisdictions in March 2020

FRB of New York Staff Report No. 1010
Number of pages: 26 Posted: 22 Mar 2022
Jordan Barone, Alain Chaboud, Adam M. Copeland, Cullen Kavoussi, Frank M. Keane and Seth Searls
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 119 (447,679)

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sovereign bond markets, financial crisis, COVID-19

The Global Dash for Cash: Why Sovereign Bond Market Functioning Varied Across Jurisdictions in March 2020

Economic Policy Review, Vol. 29, No. 3, 1-29, https://doi.org/10.59576/epr.29.3.1-29
Number of pages: 31 Posted: 16 Dec 2023
Jordan Barone, Alain Chaboud, Adam M. Copeland, Cullen Kavoussi, Frank M. Keane and Seth Searls
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 57 (707,538)
Citation 1

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sovereign bond markets, financial crisis, COVID-19

15.

Information Management in Times of Crisis

Downloads 174 (328,333)
Citation 5

Information Management in Times of Crisis

FRB of New York Staff Report No. 907, December 2019
Number of pages: 72 Posted: 27 Dec 2019 Last Revised: 17 Nov 2023
Haelim Anderson and Adam M. Copeland
Bank Policy Institute and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 110 (475,454)
Citation 1

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information management, bank opacity, banking crisis, Great Depression, depositor confidence

Information Management in Times of Crisis

FDIC Center for Financial Research Paper No. 2020-01
Number of pages: 31 Posted: 18 Jun 2020
Haelim Anderson and Adam M. Copeland
Bank Policy Institute and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 64 (667,702)

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Information Management, Bank Opacity, Banking Crisis, Great Depression, Depositor Confidence

16.

Reserves Were Not So Ample After All

Downloads 160 (352,984)
Citation 14

Reserves Were Not So Ample After All

FRB of New York Staff Report No. 974, Rev. July 2024
Number of pages: 62 Posted: 14 Jul 2021
Adam M. Copeland, Darrell Duffie and Yilin (David) Yang
Federal Reserve Banks - Federal Reserve Bank of New York, Stanford University - Graduate School of Business and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 139 (396,285)

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repo rates, reserve balances, intra-day payments, central-bank balance sheet

Reserves Were Not so Ample after All

NBER Working Paper No. w29090
Number of pages: 62 Posted: 02 Aug 2021 Last Revised: 26 Jun 2023
Adam M. Copeland, Darrell Duffie and Yilin (David) Yang
Federal Reserve Banks - Federal Reserve Bank of New York, Stanford University - Graduate School of Business and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 21 (1,002,140)
Citation 15

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17.

A Primer on the GCF Repo® Service

FRB of New York Staff Report No. 671
Number of pages: 56 Posted: 02 May 2014
Paul Agueci, Leyla Alkan, Adam M. Copeland, Isaac Davis, Antoine Martin, Kate Pingitore, Caroline Prugar and Tyisha Rivas
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Swiss National Bank, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 143 (386,798)
Citation 8

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triparty repo reforms, financial intermediation

18.

Do Long-Haul Truckers Undervalue Future Fuel Savings?

Downloads 112 (466,558)

Do Long-Haul Truckers Undervalue Future Fuel Savings?

FRB of NY Staff Report No. 756
Number of pages: 44 Posted: 14 Jan 2016 Last Revised: 11 Nov 2017
Jacob Adenbaum, Adam M. Copeland and John J. Stevens
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System
Downloads 87 (558,895)

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fuel efficiency standards, durable goods, discrete-choice demand estimation

Do Long-Haul Truckers Undervalue Future Fuel Savings?

FEDS Working Paper No. 2015-118
Number of pages: 44 Posted: 30 Dec 2015
Jacob Adenbaum, Adam M. Copeland and John J. Stevens
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System
Downloads 25 (959,422)

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fuel efficiency standards, durable goods, discrete-choice demand estimation

19.

The Value of Internal Sources of Funding Liquidity: U.S. Broker-Dealers and the Financial Crisis

FRB of New York Staff Report No. 969
Number of pages: 44 Posted: 26 May 2021
Cecilia Caglio, Adam M. Copeland and Antoine Martin
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 109 (475,788)
Citation 2

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broker-dealers, shadow banking, liquidity risk, repo market

20.

Repo over the Financial Crisis

FRB of New York Staff Report No. 996
Number of pages: 42 Posted: 20 Dec 2021
Adam M. Copeland and Antoine Martin
Federal Reserve Banks - Federal Reserve Bank of New York and Swiss National Bank
Downloads 104 (492,158)

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repo, financial crisis, money markets

21.

Challenges in Identifying Interbank Loans

Economic Policy Review, Issue 21-1, pp. 1-17, 2015
Number of pages: 17 Posted: 22 Oct 2015
Olivier Armantier and Adam M. Copeland
Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 103 (495,597)
Citation 4

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federal funds market, data quality

22.

An Empirical Analysis of the Gcf Repo® Service

Economic Policy Review, Issue 2, pp. 25-37, 2015
Number of pages: 13 Posted: 16 Dec 2016 Last Revised: 16 Dec 2017
Adam M. Copeland, Isaac Davis and Antoine Martin
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Swiss National Bank
Downloads 93 (530,292)

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GCF Repo, tri-party repo reforms, financial intermediation

23.

Exchange Rate Pass-Through, Markups, and Inventories

FRB of New York Staff Report No. 584
Number of pages: 23 Posted: 09 Dec 2012
Adam M. Copeland and James A. Kahn
Federal Reserve Banks - Federal Reserve Bank of New York and Yeshiva University
Downloads 86 (556,949)
Citation 1

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exchange rate passthrough, motor vehicles, inventories

24.

The Dynamics of Automobile Expenditures

Federal Reserve Bank of New York Staff Report No. 394
Number of pages: 37 Posted: 18 Sep 2009
Adam M. Copeland
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 85 (560,869)
Citation 1

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price discrimination, discrete-choice demand estimation, automobiles

25.

Interest Rates and the Market for New Light Vehicles

FRB of New York Staff Report No. 741
Number of pages: 43 Posted: 06 Oct 2015
Adam M. Copeland, George J. Hall and Louis J. Maccini
Federal Reserve Banks - Federal Reserve Bank of New York, Brandeis University - Department of Economics and International Business School and Johns Hopkins University - Department of Economics
Downloads 83 (568,946)

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interest rates, automobiles, inventories, Bayesian maximum likelihood

26.

Introduction [To a Primer on the Gcf Repo® Service]

Economic Policy Review, Issue 2, pp. 1-6, 2015
Number of pages: 6 Posted: 16 Dec 2016 Last Revised: 16 Dec 2017
Adam M. Copeland
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 80 (581,435)

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GCF Repo, tri-party repo reforms, financial intermediation

27.

Assessing the Quality of 'Furfine-Based' Algorithms

FRB of New York Staff Report No. 575
Number of pages: 26 Posted: 19 Oct 2012
Olivier Armantier and Adam M. Copeland
Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 78 (589,936)
Citation 25

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federal funds market, data quality

28.

The Production Impact of 'Cash-for-Clunkers': Implications for Stabilization Policy

FRB of New York Staff Report No. 503
Number of pages: 32 Posted: 26 Jul 2011
Adam M. Copeland and James A. Kahn
Federal Reserve Banks - Federal Reserve Bank of New York and Yeshiva University
Downloads 69 (630,904)
Citation 5

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Cash-for-Clunkers, automobiles, stimulus

29.

Nonlinear Pricing with Competition: The Market for Settling Payments

FRB of New York Staff Report No. 737
Number of pages: 38 Posted: 16 Aug 2015
Adam M. Copeland and Rodney Garratt
Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 64 (655,947)
Citation 2

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nonlinear pricing, marginal versus average pricing

30.

Learning Dynamics with Private and Public Signals

Number of pages: 31 Posted: 28 Jan 2005
Adam M. Copeland
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 54 (710,813)

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Informational public good, free-rider problem, two-armed bandit problem

31.

The Federal Funds Market over the 2007-09 Crisis

FRB of New York Staff Report No. 901, November 2019
Number of pages: 49 Posted: 11 Nov 2019 Last Revised: 26 Mar 2020
Adam M. Copeland
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 51 (729,021)
Citation 1

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asymmetric information, fed funds, intermediation, financial crisis

32.

Internal Liquidity’s Value in a Financial Crisis

Liberty Street Economics
Posted: 09 Apr 2024
Cecilia Caglio and Adam M. Copeland
Board of Governors of the Federal Reserve System and Federal Reserve Banks - Federal Reserve Bank of New York

Abstract:

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broker-dealers, shadow banking, liquidity risk, repo market