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Elizabeth Klee

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

  • Board of Governors of the Federal Reserve System

SCHOLARLY PAPERS

31

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Top 23,264

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5,364

TOTAL CITATIONS
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Top 7,660

in Total Papers Citations

206

Scholarly Papers (31)

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1.

Monetary Policy Strategies and Tools: Financial Stability Considerations

FEDS Working Paper No. 2020-74
Number of pages: 34 Posted: 02 Sep 2020
Jonathan E. Goldberg, Elizabeth Klee, Edward S. Prescott and Paul R. Wood
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Board of Governors of the Federal Reserve System
Downloads 992 (57,281)
Citation 2

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2.

Auto Finance in the Electric Vehicle Transition

Downloads 659 (99,117)
Citation 1

Auto Finance in the Electric Vehicle Transition

Number of pages: 54 Posted: 01 Dec 2023 Last Revised: 24 Jun 2024
Elizabeth Klee, Adair Morse and Chaehee Shin
Board of Governors of the Federal Reserve System, University of California, Berkeley - Haas School of Business and Board of Governors of the Federal Reserve System
Downloads 392 (185,444)

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Auto loans, EVs, electric vehicles, ABS, car finance, vehicle lending, gasoline price effect on default

Auto Finance in the Electric Vehicle Transition

FEDS Working Paper No. 2024-65
Number of pages: 56 Posted: 29 Aug 2024
Elizabeth Klee, Adair Morse and Chaehee Shin
Board of Governors of the Federal Reserve System, University of California, Berkeley - Haas School of Business and Board of Governors of the Federal Reserve System
Downloads 267 (282,555)
Citation 1

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Auto loans, Climate finance, Electric vehicles

3.

Arbitrage, Liquidity and Exit: The Repo and Federal Funds Markets Before, During, and Emerging from the Financial Crisis

Downloads 452 (158,703)
Citation 7

Arbitrage, Liquidity and Exit: The Repo and Federal Funds Markets Before, During, and Emerging from the Financial Crisis

FEDS Working Paper No. 2012-21
Number of pages: 55 Posted: 10 May 2012 Last Revised: 23 May 2012
Elizabeth Klee, Viktors Stebunovs and Morten L. Bech
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures
Downloads 234 (323,787)
Citation 3

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Repurchase agreement, federal funds, financial crisis, monetary policy implementation, exit strategy

Arbitrage, Liquidity and Exit: The Repo and Federal Funds Markets Before, During, and After the Financial Crisis

Paolo Baffi Centre Research Paper No. 2011-99
Number of pages: 46 Posted: 12 Jul 2011
Morten L. Bech, Elizabeth Klee and Viktors Stebunovs
Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 218 (347,632)
Citation 4

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4.

Take it to the Limit: The Debt Ceiling and Treasury Yields

FEDS Working Paper No. 2017-52
Number of pages: 53 Posted: 22 May 2017
David B. Cashin, Elizabeth Klee, Elizabeth Klee and Cailey Stevens
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
Downloads 381 (193,569)

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5.

The Federal Reserve's Balance Sheet: A Primer and Projections

FEDS Working Paper No. 2012-56
Number of pages: 40 Posted: 26 Dec 2012
Seth B. Carpenter, Jane E. Ihrig, Elizabeth Klee, Alexander Boote and Daniel Quinn
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 Federal Reserve Board - Department of Monetary Affairs
Downloads 312 (241,719)
Citation 20

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Federal Reserve's balance sheet, unconventional monetary policy, monetary policy implementation

6.

Paper or Plastic? The Effect of Time on the Use of Check and Debit Cards at Grocery Stores

FEDS Working Paper No. 2006-02
Number of pages: 48 Posted: 02 May 2006
Elizabeth Klee
Board of Governors of the Federal Reserve System
Downloads 299 (253,118)
Citation 10

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Payment systems, consumer behavior, checks, debit cards

7.

Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System

Finance and Economics Discussion Paper No. 2006-01
Number of pages: 54 Posted: 27 Apr 2006
Elizabeth Klee
Board of Governors of the Federal Reserve System
Downloads 288 (263,338)
Citation 33

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Payment systems, consumer choice, technology adoption, multihoming

8.

Effects of Changing Monetary and Regulatory Policy on Overnight Money Markets

FEDS Working Paper No. 2016-84
Number of pages: 45 Posted: 20 Oct 2016 Last Revised: 21 Oct 2016
Elizabeth Klee, Zeynep Senyuz and Emre Yoldas
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
Downloads 259 (294,135)
Citation 2

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overnight money markets, Federal funds, Repo, Eurodollar, Commercial paper, VAR models, GARCH models

9.

The Mechanics of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market

Downloads 213 (357,858)
Citation 47

The Mechanics of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market

FRB of New York Staff Report No. 416
Number of pages: 59 Posted: 27 Dec 2009
Morten L. Bech and Elizabeth Klee
Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures and Board of Governors of the Federal Reserve System
Downloads 116 (616,074)
Citation 30

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federal funds, segmentation, interest on reserves, corridor system, exit strategy

The Mechanics of a Graceful Exit: Interest on Reserves and Segmentation in the Federal Funds Market

FEDS Working Paper No. 07
Number of pages: 65 Posted: 09 Mar 2011
Elizabeth Klee and Morten L. Bech
Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures
Downloads 97 (710,325)
Citation 17

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Federal funds, segmentation, interest on reserves, corridor system, exit strategy

10.

Analyzing Federal Reserve Asset Purchases: From Whom Does the Fed Buy?

Downloads 187 (405,402)
Citation 22

Analyzing Federal Reserve Asset Purchases: From Whom Does the Fed Buy?

FEDS Working Paper No. 2013-32
Posted: 09 Jul 2021
Seth B. Carpenter, Selva Demiralp, Jane E. Ihrig and Elizabeth Klee
Board of Governors of the Federal Reserve System, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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Analyzing Federal Reserve Asset Purchases: From Whom Does the Fed Buy?

FEDS Working Paper No. 2013-32
Number of pages: 28 Posted: 25 May 2013
Seth B. Carpenter, Selva Demiralp, Jane E. Ihrig and Elizabeth Klee
Board of Governors of the Federal Reserve System, Koc University - Department of Economics, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 187 (403,854)
Citation 22

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Quantitative easing, portfolio balancing, Federal Reserve, unconventional monetary policy, interest rates

11.

Comparisons of the Incentive for Insolvency Under Different Legal Regimes

NYU, Law and Economics Research Paper No. 06-10
Number of pages: 26 Posted: 05 Feb 2006
Elizabeth Klee and Lewis A. Kornhauser
Board of Governors of the Federal Reserve System and New York University School of Law
Downloads 176 (428,796)

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Joint and several liability, insolvency, torts, hazardous waste regulation, law and economics

12.

The Federal Reserve'S Portfolio and its Effect on Interest Rates

FEDS Working Paper No. 2017-75
Number of pages: 55 Posted: 17 Jul 2017
Jeffrey Huther, Jane E. Ihrig and Elizabeth Klee
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
Downloads 171 (440,151)
Citation 1

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13.

Expectations About the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates

FEDS Working Paper No. 2012-57
Number of pages: 63 Posted: 26 Dec 2012
Jane E. Ihrig, Elizabeth Klee, Canlin Li, Brett Schulte and Min Wei
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
Downloads 167 (449,518)
Citation 35

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Balance sheet projections, term structure of interest rates, supply effects, treasury yields, Large

14.

Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Recent Debt Limit Impasses

Downloads 80 (454,356)

Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Recent Debt Limit Impasses

FEDS Working Paper No. 2020-8
Number of pages: 48 Posted: 14 May 2020
David B. Cashin, Elizabeth Klee and Elizabeth Klee
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
Downloads 80 (812,480)

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Treasury securities; Money premium; Default risk; Liquidity; Information sensitivity of debt

15.

Operational Problems and Aggregate Uncertainty in the Federal Funds Market

Downloads 145 (508,926)
Citation 9

Operational Problems and Aggregate Uncertainty in the Federal Funds Market

FEDS Working Paper No. 2007-49
Posted: 02 Jul 2021
Elizabeth Klee
Board of Governors of the Federal Reserve System

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Operational Problems and Aggregate Uncertainty in the Federal Funds Market

FEDS Working Paper No. 2007-49
Number of pages: 33 Posted: 29 Nov 2007
Elizabeth Klee
Board of Governors of the Federal Reserve System
Downloads 145 (509,137)
Citation 9

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Federal funds market, monetary policy implementation, payment systems

16.

The 2023 Banking Turmoil and the Bank Term Funding Program

FEDS Working Paper No. 2024-45
Number of pages: 38 Posted: 28 Jun 2024
David Glancy, Felicia F. Ionescu, Elizabeth Klee, Antonis Kotidis, Michael Siemer and Andrei Zlate
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, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 112 (630,858)

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2023 banking turmoil, Deposit outflows, Uninsured deposits, Securities losses, Bank Term Funding Program (BTFP), Emergency liquidity facilities

17.

The First Line of Defense: The Discount Window During the Early Stages of the Financial Crisis

FEDS Working Paper No. 2011-23
Number of pages: 43 Posted: 19 May 2011 Last Revised: 15 Nov 2011
Elizabeth Klee
Board of Governors of the Federal Reserve System
Downloads 111 (635,507)
Citation 10

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Discount window, financial crisis, federal funds market

18.

Rewiring Repo

Downloads 68 (694,528)

Rewiring Repo

FEDS Working Paper No. 2025-13
Number of pages: 92 Posted: 21 Feb 2025
Jin-Wook Chang, Elizabeth Klee and Vladimir Yankov
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
Downloads 68 (903,821)

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Networked markets, Repo market, Standing Repo Facility, Over-the-counter markets, Market efficiency, Centrally cleared markets

19.

The Fed's Discount Window in "Normal" Times

FEDS Working Paper No. 2021-016 https://doi.org/10.17016/FEDS.2021.016
Number of pages: 72 Posted: 23 Apr 2021
Huberto M. Ennis and Elizabeth Klee
Federal Reserve Banks - Federal Reserve Bank of Richmond and Board of Governors of the Federal Reserve System
Downloads 96 (709,832)
Citation 7

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Banking; Central Bank; Federal Reserve; Liquidity

20.

The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets

FEDS Working Paper No. 2014-83
Number of pages: 38 Posted: 08 Nov 2014
James A. Clouse, Jane E. Ihrig, Elizabeth Klee and Han Chen
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 Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 93 (725,554)

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Policy normalization, preferred habitat, financial markets, Federal Reserve liabilities, interest on excess reserves (IOER), overnight and term reverse repurchase agreements (ON and term RRP), term deposits (TDF)

21.

The FOMC's Use of Operational Targets: 85 Years and Counting

FEDS Working Paper No. 2023-39
Number of pages: 28 Posted: 06 Sep 2023
Jeffrey Huther, Kevin F. Kiernan, Elizabeth Klee and Ethan Rodriguez-Shah
Board of Governors of the Federal Reserve System, Independent, Board of Governors of the Federal Reserve System and Independent
Downloads 40 (1,183,237)

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22.

The Federal Reserve’s Response to the 2023 Banking Turmoil: The Bank Term Funding Program

FEDS Working Paper No. 2025-99
Number of pages: 29 Posted: 23 Dec 2025
David M. Arseneau, Elizabeth Klee, Antonis Kotidis and Michael Siemer
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
Downloads 32 (1,290,922)

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Banking stress, Emergency liquidity facilities, Lender of last resort

23.

The Fed'S Discount Window in &Quot;Normal&Quot; Times

FRB Richmond Working Paper No. 21-1
Number of pages: 72 Posted: 14 May 2021 Last Revised: 19 May 2021
Huberto M. Ennis and Elizabeth Klee
Federal Reserve Banks - Federal Reserve Bank of Richmond and Board of Governors of the Federal Reserve System
Downloads 31 (1,304,549)

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24.

Central Bank Liquidity Facilities Around the World

FEDS Notes No. 2025-02-26-1
Posted: 13 Mar 2025
David M. Arseneau, Mark A. Carlson, Kathryn Chen, Matthew Darst, Dylan Kirkeeng, Elizabeth Klee, Matthew Malloy, Ben Malin, Friederike Niepmann, Mary-Frances Styczynski, Melissa Vanouse and Alexandros Vardoulakis
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Independent, Board of Governors of the Federal Reserve System, Independent, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Bank of Minneapolis, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Independent and Board of Governors of the Federal Reserve System

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25.

Arbitrage, Liquidity and Exit: The Repo and Federal Funds Markets Before, During, and Emerging from the Financial Crisis

FEDS Working Paper No. 2012-21
Posted: 09 Jul 2021
Morten L. Bech, Elizabeth Klee and Viktors Stebunovs
Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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26.

Paper or Plastic? The Effect of Time on the Use of Check and Debit Cards at Grocery Stores

FEDS Working Paper No. 2006-2
Posted: 02 Jul 2021
Elizabeth Klee
Board of Governors of the Federal Reserve System

Abstract:

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27.

Families' Use of Payment Instruments During a Decade of Change in the U.S. Payment System

FEDS Working Paper No. 2006-1
Posted: 02 Jul 2021
Elizabeth Klee
Board of Governors of the Federal Reserve System

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28.

A Study of U.S. Monetary Policy Implementation: Demand for Reserves on a Period Average Basis

FEDS Working Paper No. 2009-22
Posted: 02 Jul 2021
Ruth Judson and Elizabeth Klee
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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29.

Dynamics of Overnight Money Markets: What Has Changed at the Zero Lower Bound?

FEDS Notes No. 2015-12-21 https://doi.org/10.17016/2380-7172.1676
Posted: 31 Oct 2015
Elizabeth Klee, Zeynep Senyuz and Emre Yoldas
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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30.

Un-Networking: The Evolution of Networks in the Federal Funds Market

FEDS Working Paper No. 2015-055, http://dx.doi.org/10.17016/FEDS.2015.055
Posted: 21 Aug 2015
Daniel O. Beltran, Valentin Bolotnyy and Elizabeth Klee
Board of Governors of the Federal Reserve System, Hoover Institution, Stanford University and Board of Governors of the Federal Reserve System

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Banks, credit unions, and other financial institutions, Counterparty credit risk, Data visualization, Network models

31.

The Federal Reserve's Balance Sheet and Earnings: A Primer and Projections

FEDS Working Paper No. 2013-01
Posted: 24 Jan 2013
Elizabeth Klee, Seth B. Carpenter, Jane E. Ihrig, Daniel Quinn and Alexander Boote
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Board - Department of Monetary Affairs and Board of Governors of the Federal Reserve System

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E4, E5

Other Papers (1)

Total Downloads: 239
Actions:
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1.

Paper or Plastic? The Effect of Time on Check and Debit Card Use at Grocery Stores

Number of pages: 47 Posted: 26 Mar 2005
Elizabeth Klee
Board of Governors of the Federal Reserve System
Downloads 239

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Payment systems, media of exchange, behavioral finance