Michael Lee

Federal Reserve Banks - Federal Reserve Bank of New York

33 Liberty Street

New York, NY 10045

United States

SCHOLARLY PAPERS

14

DOWNLOADS
Rank 25,296

SSRN RANKINGS

Top 25,296

in Total Papers Downloads

2,765

SSRN CITATIONS

5

CROSSREF CITATIONS

4

Scholarly Papers (14)

Monetizing Privacy with Central Bank Digital Currencies

Number of pages: 26 Posted: 20 May 2020 Last Revised: 21 Jun 2021
Rodney Garratt and Michael Lee
University of California, Santa Barbara (UCSB) and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 846 (38,943)

Abstract:

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Customer data, privacy, market structure, digital cash, payments

Monetizing Privacy with Central Bank Digital Currencies

FRB of New York Staff Report No. 958
Number of pages: 26 Posted: 20 Jan 2021 Last Revised: 14 Jan 2022
Michael Lee and Rodney Garratt
Federal Reserve Banks - Federal Reserve Bank of New York and University of California, Santa Barbara (UCSB)
Downloads 140 (279,492)
Citation 1

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central bank digital currency, customer data, privacy, market structure, digital cash, payments

2.

Labor Reactions to Credit Deterioration: Evidence from LinkedIn Activity

Number of pages: 86 Posted: 10 Oct 2019 Last Revised: 21 Mar 2022
Jeff Gortmaker, Jessica Jeffers and Michael Lee
affiliation not provided to SSRN, University of Chicago - Booth School of Business and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 489 (80,153)
Citation 1

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Network formation, Credit deterioration, Labor & finance, Financial distress, Labor fragility

3.

Optimal Design of Tokenized Markets

Number of pages: 28 Posted: 07 Apr 2021 Last Revised: 18 Feb 2022
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York - Research and Statistics and Massachusetts Institute of Technology (MIT)
Downloads 256 (163,381)

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token system, security tokenization, settlement uncertainty, market design

4.

Corporate Culture As an Implicit Contract

Number of pages: 49 Posted: 26 Jul 2019
Jessica Jeffers and Michael Lee
University of Chicago - Booth School of Business and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 251 (166,591)
Citation 1

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Corporate Culture, Human Capital, Implicit Contracts, Non-competes

5.

Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis

FRB of New York Staff Report No. 909, January 2020, Rev. May 2021
Number of pages: 50 Posted: 23 Jan 2020 Last Revised: 27 Apr 2022
Thomas M. Eisenbach, Anna Kovner and Michael Lee
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 215 (192,976)
Citation 8

Abstract:

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cyber, banks, networks, payments

6.
Downloads 175 (231,937)

Insider Networks

Number of pages: 39 Posted: 20 Jun 2018 Last Revised: 12 May 2020
Selman Erol and Michael Lee
Carnegie Mellon University - David A. Tepper School of Business and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 133 (290,721)
Citation 1

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Network Formation, Insider Trading, Regulatory Ambiguity, Endogenous Intermediation

Insider Networks

FRB of New York Staff Report No. 862
Number of pages: 41 Posted: 07 Aug 2018 Last Revised: 12 May 2019
Selman Erol and Michael Lee
Carnegie Mellon University - David A. Tepper School of Business and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 42 (561,164)

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network formation, insider trading, regulatory ambiguity, endogenous intermediation

7.

A Dynamic Theory of Collateral Quality and Intervention Traps

Number of pages: 42 Posted: 13 Dec 2017 Last Revised: 10 Feb 2022
Michael Lee and Daniel Neuhann
Federal Reserve Banks - Federal Reserve Bank of New York and University of Texas at Austin, McCombs School of Business
Downloads 139 (280,105)

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Collateral, Liquidity, Financial Regulation, Financial Intermediation, Adverse Selection, Moral Hazard, Financial Crises

8.

Rent-Seeking Platforms

FRB of New York Staff Report No. 892
Number of pages: 46 Posted: 21 Jul 2019 Last Revised: 07 Sep 2021
University of California, Santa Barbara (UCSB), Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York - Research and Statistics and Massachusetts Institute of Technology (MIT)
Downloads 97 (361,095)
Citation 2

Abstract:

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inter-dealer markets, liquidity, information design, platforms

9.

Zero Settlement Risk Token Systems

Number of pages: 23 Posted: 07 Apr 2021 Last Revised: 18 Apr 2021
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York - Research and Statistics and Massachusetts Institute of Technology (MIT)
Downloads 52 (504,362)

Abstract:

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token system, instant settlement, financial architecture

10.

Uncertain Booms and Fragility

FRB of New York Staff Report No. 861
Number of pages: 51 Posted: 23 Jul 2018
Michael Lee
Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 43 (544,866)

Abstract:

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financial crises, financial intermediation, asymmetric information, booms, financial fragility

11.

Market Structure and the Availability of Credit: Evidence from Auto Credit

Number of pages: 41 Posted: 11 Feb 2022
Donghoon Lee, Michael Lee and Reed Orchinik
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and MIT Sloan
Downloads 36 (580,674)

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Household finance, consumer credit, stress tests, availability of credit, market structure

12.

A Dynamic Theory of Collateral Quality and Long-Term Interventions

FRB of New York Staff Report No. 894, August 2019
Number of pages: 58 Posted: 07 Aug 2019
Michael Lee and Daniel Neuhann
Federal Reserve Banks - Federal Reserve Bank of New York and University of Texas at Austin, McCombs School of Business
Downloads 26 (640,865)

Abstract:

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liquidity, government intervention, adverse selection, collateral

13.

Implications of Cyber Risk for Financial Stability

FEDS Notes No. 2022-05-12
Posted: 18 May 2022
Federal Reserve Banks - Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Board of Governors of the Federal Reserve System

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14.

Uncertain Booms and Fragility

Posted: 18 Mar 2017
Michael Lee
Federal Reserve Banks - Federal Reserve Bank of New York

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