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Samuel Hempel

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

7

DOWNLOADS

383

TOTAL CITATIONS

0

Scholarly Papers (7)

1.

Financial Intermediary Funding Constraints and Segmented Markets: Evidence from SMCCF ETF Purchases

OFR 22-01
Number of pages: 75 Posted: 29 Mar 2022
Samuel Hempel, Dasol Kim and Russ Wermers
Board of Governors of the Federal Reserve System, Office of Financial Research, US Department of the Treasury and - Robert H. Smith School of Business
Downloads 210 (369,861)

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Financial intermediaries, authorized participants, corporate bond ETFs, corporate bonds, COVID-19, Federal Reserve, regulatory interventions

Can Ethereum survive a run? Hidden fragility in crypto's Proof-of-Stake model

Number of pages: 57 Posted: 15 Apr 2024 Last Revised: 21 May 2026
Samuel Hempel, Gregory Phelan and Thomas Ruchti
Board of Governors of the Federal Reserve System, Williams College and Virginia Tech - Department of Accounting and Information Systems
Downloads 146 (509,137)

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Does Lock-up Lead to Stability? Implications for Runs in the Proof-of-Stake Protocol

Office of Financial Research Working Paper No. 24-08
Number of pages: 57 Posted: 12 Jun 2025 Last Revised: 21 May 2026
Thomas Ruchti, Samuel Hempel and Gregory Phelan
Virginia Tech - Department of Accounting and Information Systems, Board of Governors of the Federal Reserve System and Williams College
Downloads 27 (1,430,393)

Abstract:

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3.

Banks in the Age of Stablecoins: Lessons from Their Historical Responses to Financial Innovations

FEDS Notes No. 2026-05-01-1
Posted: 19 May 2026
Board of Governors of the Federal Reserve System, Independent and Board of Governors of the Federal Reserve System

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4.

The $12 Trillion US Repo Market: Evidence from a Novel Panel of Intermediaries

FEDS Notes No. 2025-07-11-1
Posted: 16 Jul 2025
Samuel Hempel, R. Jay Kahn and Julia Shephard
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Harvard University

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5.

Monitoring Reserve Scarcity Through Nonbank Cash Lenders

FEDS Notes No. 2025-03-28-4
Posted: 11 Apr 2025
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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6.

Firms’ Financing Choice between Short-Term and Long-Term Debts: Are They Substitutes?

FEDS Notes No. 2024-05-03-1
Posted: 14 May 2024
Samuel Hempel, Yi Li and Sean Tibay
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Independent

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7.

Money Market Fund Repo and the ON RRP Facility

FEDS Notes No. 2023-12-15-2
Posted: 22 Jan 2024
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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