Market microstructure, Financial Intermediation, Monetary Policy
Michael J. Fleming is an Assistant Vice President in the Capital Markets Function at the Federal Reserve Bank of New York. His primary research interests are market microstructure, financial intermediation, and monetary policy. Recent work examines dealer behavior in the securities lending market, dealer positions management, and Federal Open Market Committee announcement effects. Michael joined the New York Fed as an economist in 1994. He received a Ph.D. in Business Economics from Harvard University that same year and a B.A. in Economics from Colby College in 1988.
Michael Fleming's CV 
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