Photo of Francesca Carapella

Francesca Carapella

Education

  • Ph.D., Economics, University of Minnesota, 2008
  • M.A., Economics, University of Minnesota, 2007
  • B.A., Economics, LUISS Guido Carli (Rome), 2001
Current Research Topics
  • Financial Market Infrastructures, Repo Markets,
  • Collateral Requirements for Central Counterparties
  • Economist

    Board of Governors of the Federal Reserve System

    2009 - present
  • Adjunct professor, Financial Regulation

    Georgetown University, department of economics, Masters Programs in Economics

    2019 - present
  • Adjunct professor, Financial Regulation

    University of Bern, Switzerland, Masters Programs in Economics

    2017 - 2018
  • Adjunct professor of Macroeconomics

    Georgetown University, department of economics, 1st year Ph.D spring Macroeconomics sequence

    2009 - 2010
  • Assistant professor of Economics

    Einaudi Institute for Economics and Finance

    2008 - 2009
  • Adjunct professor of Macroeconomics

    LUISS University, Rome (Italy), within MOSEC (Master of Science in Economics)

    2008 - 2009
  • Baughman, Garth, and Francesca Carapella (forthcoming). "Voluntary Reserve Targets," Journal of Money, Credit, and Banking.
  • Carapella, Francesca, and Cyril Monnet (forthcoming). "Dealers' Insurance, Market Structure, And Liquidity," Journal of Financial Economics.
  • Antinolfi, Gaetano, Francesca Carapella, and Francesco Carli (2019). "Transparency and Collateral: The Design of CCPs' Loss Allocation Rules," Finance and Economics Discussion Series 2019-058. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2019). "A Simple Model of Voluntary Reserve Targets with Tolerance Bands," Finance and Economics Discussion Series 2019-060. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2019). "Federal Funds Rate Control with Voluntary Reserve Targets," FEDS Notes 2019-08-26. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2019). "Federal Funds Rate Control with Voluntary Reserve Targets," FEDS Notes 2019-08-26. Board of Governors of the Federal Reserve System (U.S.).
  • Antinolfi, Gaetano, Francesca Carapella, and Francesco Carli (2018). "Transparency and Collateral: Central versus Bilateral Clearing," Finance and Economics Discussion Series 2018-017. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2018). "Voluntary Reserve Targets," Finance and Economics Discussion Series 2018-032. Board of Governors of the Federal Reserve System (U.S.).
  • Carapella, Francesca, and Cyril Monnet (2017). "Dealers' Insurance, Market Structure, And Liquidity," Finance and Economics Discussion Series 2017-119. Board of Governors of the Federal Reserve System (U.S.).
  • Antinolfi, Gaetano, Francesca Carapella, Charles Kahn, Antoine Martin, David Mills, and Ed Nosal (2015). "Repos, Fire Sales, and Bankruptcy Policy," Review of Economic Dynamics, vol. 18, no. 1, pp. 21-31.
  • Carapella, Francesca (2015). "Banking Panics and Deflation in Dynamic General Equilibrium," Finance and Economics Discussion Series 2015-018. Washington: Board of Governors of the Federal Reserve System.
  • Williamson, Stephen D. and Francesca Carapella (2015). "Credit Markets, Limited Commitment, and Government Debt," Review of Economic Studies, vol. 82, no. 3, pp. 963-990.
  • Williamson, Stephen D., and Francesca Carapella (2014). "Credit Markets, Limited Commitment, and Government Debt," Working Papers 2014-10. Federal Reserve Bank of St. Louis.
  • Antinolfi, Gaetano, Francesca Carapella, Charles Kahn, Antoine Martin, David Mills, and Ed Nosal (2012). "Repos, Fire Sales, and Bankruptcy Policy," Working Paper Series, No. 2012-15. Federal Reserve Bank of Chicago.
  • Ales, Laurence, Francesca Carapella, Pricila Maziero, and Warren E. Weber (2008). "A Model of Banknote Discounts," Journal of Economic Theory, vol. 142, no. 1, pp. 5-27.
  • Carapella, Francesca (2008). "Essays in Monetary Economics," Ph.D. dissertation, University of Minnesota.
  • Carapella, Francesca, and Giorgio Di Giorgio (2003). "Deposit Insurance, Institutions and Bank Interest Rates," Discussion Papers 0304-06. Columbia University, Department of Economics.
  • conference

    August 2011

    Workshop on Money, Banking, Payment and Finance, Federal Reserve Bank of Chicago

    Information Insensitive Securities: the Benefits of Central Counterparties

  • conference

    October 2011

    Macroeconomics Workshop, Institute for Advanced Studies, Vienna, Austria

    Information Insensitive Securities: the Benefits of Central Counterparties

  • seminar

    October 2011

    University of Zurich, Department of Banking and Finance, Zurich, Switzerland

    Information Insensitive Securities: the Benefits of Central Counterparties

Conference Organization
  • June 23-24, 2011 | Washington D.C.

    The Economics of Payments V

    Organizer

Referee
  • American Economic Review
  • American Economic Journal: Macroeconomics
  • Annals of Finance
  • European Economic Review
  • International Economic Review
  • International Journal of Central Banking
  • Journal of Economic Dynamics and Control
  • Journal of Economic Theory
  • Journal of Finance
  • Journal of Financial Services Research
  • Journal of Money, Credit and Banking
  • Journal of Monetary Economics
  • Journal of Political Economy
  • Macroeconomic Dynamics
  • Review of Economic Dynamics
  • Review of Economic Studies
Last update: November 20, 2019