Home Research Teaching LSE Blog


Working Papers

Title Co-authors Date Status extra stuff
Repo over the Financial Crisis Antoine Martin Dec 2021 circulating
Reserves were not so ample after all Darrell Duffie and
Yilin (David) Yang
July 2021 circulating
The Value of Internal Liquidity Sources: Evidence from Broker-Dealers over the 2007 Financial Crisis Cecilia Caglio and
Antoine Martin
May 2021 circulating
The Federal Funds Market Over the 2007-09 Crisis Nov 2019 circulating
Information Management in Times of Crisis Haelim Anderson Dec 2019 under revision
Reference Guide to U.S. Repo and Securities Lending Markets Viktoria Baklanova and
Rebecca McCaughrin
Sept 2015 reference piece Note: this is also published as an OFR working paper (September 2015)
The Tri-Party Repo Market before the 2010 Reforms Antoine Martin and
Michael Walker
Nov 2010 reference piece "Repo Runs: Evidence from the Tri-Party Repo market" is a companion piece that has been published
Estimating Prices for R&D Investment in the 2007 R&D Satellite Account Gabriel W. Medeiros and
Carol A. Robbins
Nov 2007 reference piece

Published Papers
Academic journals Federal Reserve Bank of New York journal (peer reviewed)
Interest Rates and the Market for New Automobiles
George Hall and Louis J. Maccini
Journal of Money, Credit, and Banking
(August 2019) vol. 51(5), pp. 1137-1168.
The Market Events of Mid-September 2019
Gara Afonso, Marco Cipriani, Anna Kovner, Gabriele La Spada, and Antoine Martin
Economic Policy Review
(August 2021) vol. 27(2).
The Use of Collateral in Bilateral Repurchase and Securities Lending Agreements
Viktoria Baklanova, Cecilia Caglio, and Marco Cipriani
Review of Economic Dynamics, special issue on Fragmented Financial Markets
(July 2019) vol. 33, pp.228-249.
A Primer on the GCF Repo Service
Paul Agueci, Leyla Alkan, Isaac Davis, Antoine Martin, Kate Pingitore, Caroline Prugar, and Tyisha Rivas
Economic Policy Review
(December 2015) vol. 21(2), pp. 1-38.
Do Long-Haul Truckers Undervalue Future Fuel Savings?
Jacob Adenbaum and John J. Stevens
Energy Economics
(June 2019) vol. 81, pp. 1148-1166
Challenges In Identifying Interbank Loans
with Olivier Armantier
Economic Policy Review
(October 2015) vol. 21(1), pp. 1-18.

Also circulated as:
"What do we know about Federal Funds Activity?" and
"Assessing the Quality of 'Furfine-based' Algorithms",
Nonlinear Pricing and the Market for Settling Payments
Rodney Garratt
Journal of Money, Credit, and Banking
(February 2019) vol. 51(1), pp.195-226.
Key Mechanics of the U.S. Tri-Party Repo Market
with Darrell Duffie, Antoine Martin, and Susan McLaughlin
Economic Policy Review
(November 2012) vol. 18(3), pp. 17-28.
Price Setting and Rapid Technology Adoption: the case of the PC industry
with Adam H. Shapiro
Review of Economics and Statistics
(July 2016) vol. 98(3), pp. 601-616.

Also circulated as:
"The Impact of Competition on Technology Adoption: An Apples-to-PCs Analysis"
Evolution and Heterogeneity among Larger Bank Holding Companies: 1994 to 2010
Economic Policy Review
(July 2012) vol. 18(2), pp. 83-93
Repo Runs: Evidence from the Tri-Party Repo Market
with Antoine Martin and Michael Walker
Journal of Finance (December 2014) vol. 69(6), pp. 2343-2380
Intertemporal Substitution and New Car Purchases
Rand Journal of Economics (Fall 2014) vol. 45(3), pp. 624-644
Online Appendix
Repo and Securities Lending
with Tobias Adrian, Brian Begalle, and Antoine Martin
Risk Topography: Systemic Risk and Macro Modeling.
Ed. Markus Brunnermeier and Arvind Krishnamurthy.
Chicago: University of Chicago Press, 2013
Seasonality, Consumer Heterogeneity and Price Indexes: The Case of Prepackaged Software
Journal of Productivity Analysis (February 2013) vol. 39(1), pp.47-59
The Production Impact of `Cash-for-Clunkers': Implications for Stabilization Policy
with Jim Kahn
Economic Inquiry (January 2013) vol. 51(1), pp.288-303
Measuring the Price of Research and Development Output
with Dennis Fixler
Review of Income and Wealth (March 2012) vol. 58(1), pp. 166-182.
Inventories and the Automobile Market
with George Hall and Wendy Dunn
Rand Journal of Economics (Spring 2011) vol. 42(1), pp. 121-149.
The Response of Prices, Sales, and Output to Temporary Changes in Demand
with George Hall
Journal of Applied Econometrics (March 2011) vol. 26(2), pp. 232-269.
The Welfare Effects of Incentive Schemes
with Cyril Monnet
Review of Economic Studies (January 2009) vol. 76(1), pp. 93-113.
Learning Dynamics with Private and Public Signals
Economic Theory (June 2007) vol. 31(3), pp. 523-538.