Access Statistics for Michael J. Fleming

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Closer Look at the Federal Reserve’s Securities Lending Program 0 0 19 19 1 3 8 8
Advent of Trade Reporting for U.S. Treasury Securities 0 0 1 1 0 1 3 3
An analysis of CDS transactions: implications for public reporting 0 0 0 18 1 1 5 86
An analysis of OTC interest rate derivatives transactions: implications for public reporting 0 0 0 23 0 1 8 101
An index of Treasury Market liquidity: 1991-2017 0 1 6 55 2 9 112 291
Anomalous bidding in short-term Treasury bill auctions 0 0 0 74 0 2 9 489
Are larger Treasury issues more liquid? Evidence from bill reopenings 0 0 1 151 0 2 8 841
Assessing the Price Impact of Treasury Market Workups 0 0 9 9 0 0 3 3
At the N.Y. Fed: Workshop on the Risks of Wholesale Funding 0 1 2 2 0 1 5 5
Breaking Down TRACE Volumes Further 0 0 1 8 0 0 5 14
Breaking Down TRACE Volumes Further 0 0 1 1 0 0 5 5
Changes in the Returns to Market Making 0 0 8 8 0 0 19 19
Characterizing the Rising Settlement Fails in Seasoned Treasury Securities 0 0 2 2 1 2 4 4
Continuing the Conversation on Liquidity 0 0 0 0 0 0 3 3
Corporate Bond Market Liquidity Redux: More Price-Based Evidence 0 0 17 17 0 0 9 9
Creditor Recovery in Lehman’s Bankruptcy 0 3 9 9 5 21 54 54
Customer and Employee Losses in Lehman’s Bankruptcy 0 0 1 1 1 2 9 9
Dealer Balance Sheet Capacity and Market Liquidity during the 2013 Selloff in Fixed Income Markets 0 0 5 30 0 1 18 88
Dealer Balance Sheet Capacity and Market Liquidity during the 2013 Selloff in Fixed-Income Markets 0 1 3 3 0 1 18 18
Dealer Participation in the TSLF Options Program 1 1 3 3 1 2 8 8
Dealer Trading and Positioning in Floating Rate Notes 0 0 10 10 0 1 7 7
Dealer financial conditions and lender-of-last resort facilities 0 1 1 55 1 3 13 198
Dealers’ Positions and the Auction Cycle 1 1 2 2 1 1 5 5
Did Third Avenue's Liquidation Reduce Corporate Bond Market Liquidity? 0 0 0 0 0 1 6 6
Do You Know How Your Treasury Trades Are Cleared and Settled? 0 0 3 3 1 2 7 7
ECB Monetary Operations and the Interbank Repo Market 0 0 0 33 3 5 13 99
ECB monetary operations and the interbank repo market 0 0 0 1 0 1 8 97
Failure Is No Longer a (Free) Option for Agency Debt and Mortgage-Backed Securities 0 0 4 4 1 1 4 4
Federal Reserve liquidity provision during the financial crisis of 2007-2009 0 1 4 54 0 1 9 101
Financial market implications of the federal debt paydown 0 0 1 88 0 0 8 530
Has Liquidity Risk in the Corporate Bond Market Increased? 0 1 8 8 0 3 15 15
Has Liquidity Risk in the Treasury and Equity Markets Increased? 0 0 13 13 0 0 11 11
Has MBS Market Liquidity Deteriorated? 0 0 12 12 0 0 2 2
Has U.S. Treasury Market Liquidity Deteriorated? 0 0 3 3 0 0 8 8
Heat waves, meteor showers, and trading volume: an analysis of volatility spillovers in the U.S. Treasury market 0 0 0 149 1 2 5 904
Heat waves, meteor showers, and trading volume: an analysis of volatility spillovers in the U.S. Treasury market 0 1 1 145 0 1 8 787
How Does Tick Size Affect Treasury Market Quality? 1 1 7 7 1 2 17 17
How Does the Liquidity of New Treasury Securities Evolve? 0 1 8 8 1 7 15 15
How Liquid Is the Inflation Swap Market? 1 2 10 10 1 3 11 11
How Liquid Is the New 20-Year Treasury Bond? 0 1 9 9 0 6 15 15
How Might Increased Transparency Affect the CDS Market? 1 1 1 1 1 1 2 2
How Much Value Was Destroyed by the Lehman Bankruptcy? 0 0 0 0 1 1 7 7
How do treasury dealers manage their positions? 0 1 6 192 0 4 17 1,394
How workers use 401(k) plans: the participation, contribution, and withdrawal decisions 0 0 1 275 0 4 23 1,419
Information on Dealer Activity in Specific Treasury Issues Now Available 0 1 2 2 0 1 3 3
Intraday market making with overnight inventory costs 0 0 1 25 3 6 20 91
Introduction to a Series on Market Liquidity 0 0 2 2 0 0 3 3
Introduction to a Series on Market Liquidity: Part 2 0 0 0 0 0 0 2 2
Is Treasury Market Liquidity Becoming More Concentrated 0 0 11 11 0 1 8 8
Lehman's Bankruptcy Expenses 0 0 0 0 1 3 9 9
Liquidity and volatility in the U.S. treasury market 2 4 15 113 6 15 44 306
Market Liquidity after the Financial Crisis 0 0 2 49 1 2 10 67
Market Liquidity after the Financial Crisis 0 1 11 11 1 3 9 9
Market liquidity after the financial crisis 1 2 6 155 4 7 30 242
Measuring Settlement Fails 0 0 2 2 1 1 3 3
Measuring treasury market liquidity 0 0 3 557 0 1 20 1,554
New evidence on the effectiveness of the proxy mechanism 0 0 0 75 0 0 6 677
Options of Last Resort 0 0 0 0 0 0 1 1
Preserving firm value through exit: the case of voluntary liquidations 0 0 1 69 0 1 6 363
Price Impact of Trades and Orders in the U.S. Treasury Securities Market 0 0 18 18 0 1 17 17
Price and size discovery in financial markets: evidence from the U.S. Treasury securities market 0 0 0 41 1 2 6 123
Price formation and liquidity in the U.S. Treasury market: evidence from intraday patterns around announcements 0 1 2 189 0 1 5 807
Price formation and liquidity in the U.S. treasuries market: evidence from intraday patterns around announcements 0 0 1 130 1 4 9 585
Primary Dealer Participation in the Secondary U.S. Treasury Market 0 0 10 10 0 0 6 6
Primary Dealers’ Waning Role in Treasury Auctions 0 0 6 6 0 0 5 5
Redemption Risk of Bond Mutual Funds and Dealer Positioning 0 1 6 6 1 3 17 17
Repo Market Microstructure in Unusual Monetary Policy Conditions 0 1 1 54 2 6 15 250
Repo market effects of the Term Securities Lending Facility 0 0 1 96 2 5 16 331
The COVID-19 Pandemic and the Fed’s Response 16 47 176 176 37 104 282 282
The Evolution of Workups in the U.S. Treasury Securities Market 0 0 12 12 1 3 13 13
The Failure Resolution of Lehman Brothers 0 0 1 1 2 4 9 9
The Impact of Trade Reporting on the Interest Rate Derivatives Market 0 0 2 2 0 0 3 3
The Indirect Costs of Lehman’s Bankruptcy 0 0 1 1 1 3 9 9
The Microstructure of China's Government Bond Market 0 0 5 103 1 1 14 148
The Microstructure of a U.S. Treasury ECN: The Brokertec Platform 0 0 0 50 2 3 6 419
The Recent Bond Market Selloff in Historical Perspective 0 0 2 2 0 2 11 11
The SOMA Portfolio through Time 0 0 0 0 2 5 8 8
The microstructure of a U.S. Treasury ECN: the BrokerTec platform 2 2 6 136 4 6 24 540
The microstructure of the TIPS market 0 0 0 29 1 3 7 136
The term structure of announcement effects 1 2 6 331 2 4 24 1,395
The term structure of announcement effects 0 0 1 55 0 0 10 322
Tick size change and market quality in the U.S. treasury market 0 0 0 18 2 5 17 37
Trading activity in the Indian government bond market 0 1 1 9 0 3 10 55
Transparency and Sources of Information on the Federal Reserve’s Operations, Income, and Balance Sheet 0 0 0 0 0 0 0 0
Treasury Market Liquidity and the Federal Reserve during the COVID-19 Pandemic 9 31 84 84 17 65 146 146
Treasury Market Liquidity during the COVID-19 Crisis 5 16 103 103 20 50 188 188
Treasury Market When-Issued Trading Activity 20 20 20 20 7 7 7 7
U.S. Treasury Market Action on Election Night 2016 0 0 8 8 1 1 6 6
Unlocking the Treasury Market through TRACE 0 0 4 17 1 3 14 42
Unlocking the Treasury Market through TRACE 0 0 5 5 0 0 10 10
What Explains the June Spike in Treasury Settlement Fails? 0 0 0 0 0 1 2 2
What if? A Counterfactual SOMA Portfolio 0 0 0 0 0 0 0 0
What moves the bond market? 0 4 13 1,036 3 14 47 2,669
What's Driving Dealer Balance Sheet Stagnation? 0 0 14 14 1 1 13 13
What’s behind the March Spike in Treasury Fails? 1 1 1 1 2 2 7 7
Which Dealers Borrowed from the Fed’s Lender-of-Last-Resort Facilities? 0 0 34 34 0 0 52 52
Total Working Papers 62 154 792 5,384 156 452 1,758 19,727


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
ANOMALOUS BIDDING IN SHORT‐TERM TREASURY BILL AUCTIONS* 0 0 0 6 0 1 1 45
Are Larger Treasury Issues More Liquid? Evidence from Bill Reopenings 0 0 0 0 1 2 4 280
Are larger Treasury issues more liquid? Evidence from bill reopenings 0 0 0 1 0 1 3 177
Dealer behavior in the specials market for US Treasury securities 1 3 10 197 2 9 26 499
Dealer financial conditions and lender-of-last-resort facilities 1 1 5 23 3 6 23 118
Explaining settlement fails 1 1 2 91 6 8 12 284
Federal Reserve Liquidity Provision during the Financial Crisis of 2007–2009 0 0 0 16 0 0 4 99
How Workers Use 401(K) Plans: The Participation, Contribution, and Withdrawal Decisions 0 0 1 2 0 0 15 31
Income effects of Federal Reserve liquidity facilities 0 0 0 59 0 0 1 194
Intraday market making with overnight inventory costs 1 1 1 1 4 5 5 5
Liquidity and volatility in the U.S. Treasury market 1 3 3 3 4 10 21 21
Market Liquidity After the Financial Crisis 0 2 3 8 3 5 26 56
Measuring treasury market liquidity 0 0 4 471 1 5 26 1,483
Price Formation and Liquidity in the U.S. Treasury Market: The Response to Public Information 0 0 1 217 1 2 14 568
Price and Size Discovery in Financial Markets: Evidence from the U.S. Treasury Securities Market 0 0 0 0 3 4 6 6
Repo Market Effects of the Term Securities Lending Facility 0 0 5 64 4 6 18 217
Repurchase agreements with negative interest rates 1 1 3 232 3 4 19 756
The Federal Reserve's foreign exchange swap lines 1 1 2 72 2 6 14 250
The Term Securities Lending Facility: origin, design, and effects 0 1 2 79 6 7 13 332
The benchmark U.S. Treasury market: recent performance and possible alternatives 0 1 2 182 0 1 8 841
The failure resolution of Lehman Brothers 0 1 4 36 3 12 33 106
The microstructure of a U.S. Treasury ECN: The BrokerTec platform 0 0 0 5 1 1 8 28
The microstructure of the TIPS market 1 1 1 10 3 4 6 82
The round-the-clock market for U.S. Treasury securities 0 0 0 136 0 1 3 674
Trading activity and price transparency in the inflation swap market 0 0 0 17 1 3 5 71
What financing data reveal about dealer leverage 0 0 3 111 2 3 16 321
What moves the bond market? 0 3 6 313 5 18 44 1,000
When the back office moved to the front burner: settlement fails in the treasury market after 9/11 0 0 1 201 2 3 10 853
Who buys Treasury securities at auction? 0 0 0 84 1 3 5 342
Total Journal Articles 8 20 59 2,637 61 130 389 9,739


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Liquidity in U.S. Treasury Spot and Futures Markets 0 0 5 47 1 3 20 236
Total Chapters 0 0 5 47 1 3 20 236


Statistics updated 2021-01-03