Bouveret, Antoine; Martin, Antoine; McCabe, Patrick E. - 2022
Money market funds (MMFs) are popular around the world, with over $9 trillion in assets under management globally. From … funds that offer private money‐like assets with features similar to those of bank deposits. Hence, they are vulnerable to … serve as money‐like assets. Since 2000, MMF runs have occurred in many countries and under many regulatory regimes. The …