Järvenpää, Maija; Paavola, Aleksi - 2021 - This version: February 3, 2021
investors suddenly start to question the value of the collateral. Therefore, for risky assets, lack of money-likeness is a … market fund reform of 2014-2016 on investor monitoring, money-likeness and stability of institutional prime MMFs. Using the … reform increased monitoring and thus decreased money-likeness of institutional prime funds. However, we also show that after …