Fricke, Daniel; Greppmair, Stefan; Paludkiewicz, Karol - 2022
area. As US-based prime MMFs became less money-like due to the reform, euro area-based prime MMFs received large inflows … prime funds in the euro area reduced their risk-taking. However, the industry became more concentrated overall and more …This paper documents significant cross-border effects of the 2014 US money market fund (MMF) reform on MMFs in the euro …