Question: One aspect of the 2007-2009 financial panic was a run on some money market mutual funds (MMMFs). Plot weekly data for 2008 on institutional MMMF

One aspect of the 2007-2009 financial panic was a run on some money market (MMMFs). Plot weekly data for 2008 on institutional MMMF deposits (FRED code: WIMFSL) and identify the timing of the run visually. Next, download the data, and report the size of the deposit outflow in the week that the run peaked. Why did this run end?

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The run on MMMFs occurred in September 2008 the data plot is below Data for several weeks before and ... View full answer

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