Gabriele La Spada

Financial Research Advisor
Money and Payments Studies
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

gabriele.laspada@ny.frb.org

   
The Optimal Supply of Central Bank Reserves under Uncertainty
With Gara Afonso, Thomas M. Mertens, and John C. Williams
Federal Reserve Bank of New York Staff Reports 1077, November 2023, Revised December 2023

Runs and Flights to Safety: Are Stablecoins the New Money Market Funds?
With Kenechukwu Anadu, Pablo Azar, Marco Cipriani, Thomas M. Eisenbach, Catherine Huang, Mattia Landoni, Marco Macchiavelli, Antoine Malfroy-Camine, and J. Christina Wang
Federal Reserve Bank of New York Staff Reports 1073, September 2023, Revised April 2024

Financial Sanctions, SWIFT, and the Architecture of the International Payments System
With Marco Cipriani and Linda S. Goldberg
Federal Reserve Bank of New York Staff Reports 1047, January 2023

Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP
With Gara Afonso and Marco Cipriani
Federal Reserve Bank of New York Staff Reports 1041, December 2022, Revised August 2024

Scarce, Abundant, or Ample? A Time-Varying Model of the Reserve Demand Curve
With Gara Afonso, Domenico Giannone, and John C. Williams
Federal Reserve Bank of New York Staff Reports 1019, May 2022, Revised April 2024

Monetary Policy, Investor Flows, and Loan Fund Fragility
With Nicola Cetorelli and João A.C. Santos
Federal Reserve Bank of New York Staff Reports 1008, March 2022, Revised October 2023

COVID Response: The Money Market Mutual Fund Liquidity Facility
With Kenechukwu Anadu, Marco Cipriani, and Ryan M. Craver
Federal Reserve Bank of New York Staff Reports 980, September 2021

Sophisticated and Unsophisticated Runs
With Marco Cipriani
Federal Reserve Bank of New York Staff Reports 956, December 2020, Revised April 2024

The Market Events of Mid-September 2019
With Gara Afonso, Marco Cipriani, Adam Copeland, Anna Kovner, and Antoine Martin
Federal Reserve Bank of New York Staff Reports 918, March 2020

Investors’ Appetite for Money-Like Assets: The Money Market Fund Industry after the 2014 Regulatory Reform
With Marco Cipriani
Federal Reserve Bank of New York Staff Reports, Number 816, June 2017, Revised June 2018

Competition, Reach for Yield, and Money Market Funds
Federal Reserve Bank of New York Staff Reports, Number 753, December 2015, Revised January 2017


The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.
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