"Runs and Flights to Safety: Are Stablecoins the New Money Market Funds?" 2023, Supervisory Research and Analysis Working Paper. With Kenechukwu E. Anadu, Pablo D. Azar, Marco Cipriani, Thomas M. Eisenbach, Catherine Huang, Mattia Landoni, Gabriele La Spada, Marco Macchiavelli, and J. Christina Wang.