Meet the Researchers

Mary-Frances Styczynski
Lead Fin Inst Policy Analyst
Monetary Policy Operations and Analysis Section
Monetary Affairs
202-452-3303
mary-frances.styczynski@frb.gov
mary-frances.styczynski@frb.gov
Education
- M.A., Applied Economics, Johns Hopkins University, 2009
- B.A., International Relations and Economics, American University, 2000
Lead Fin Inst Policy Analyst
Board of Governors of the Federal Reserve System
2007 - present
- Central bank liquidity facilities around the world
David Arseneau, Mark Carlson, Kathryn Chen, Matt Darst, Dylan Kirkeeng, Elizabeth Klee, Matt Malloy, Benjamin Malin, Emilie O’Malley, Friederike Niepmann, Mary-Frances Styczynski, Melissa Vanouse, Alexandros P. Vardoulakis
FEDS Notes (2025)
https://doi.org/10.17016/2380-7172.3740 - Discount window borrowing and the role of reserves and interest rates
Mark Carlson and Mary-Frances Styczynski
Finance and Economics Discussion Series (2025)
https://doi.org/10.17016/FEDS.2025.015 - An Update to Measuring the U.S. Monetary Aggregates
Heather Ford and Mary-Frances Styczynski
FEDS Notes (2024)
https://doi.org/10.17016/2380-7172.3646 - The effect of the Federal Reserve’s lending facility on PPP lending by commercial banks
Sriya Anbil, Mark Carlson, and Mary-Frances Styczynski
Journal of Financial Intermediation (2023)
https://doi.org/10.1016/j.jfi.2023.101042 - Retail CBDC and U.S. Monetary Policy Implementation: A Stylized Balance Sheet Analysis
Matthew Malloy, Francis Martinez, Mary-Frances Styczynski, and Alex Thorp
Finance and Economics Discussion Series (2022)
https://doi.org/10.17016/FEDS.2022.032 - The Effect of the PPPLF on PPP Lending by Commercial Banks
Sriya Anbil, Mark Carlson, and Mary-Frances Styczynski
Finance and Economics Discussion Series (2021)
https://doi.org/10.17016/FEDS.2021.030 - The Effects of Liquidity Regulation on Bank Demand in Monetary Policy Operations
Marcelo Rezende, Mary-Frances Styczynski, and Cindy M. Vojtech
Journal of Financial Intermediation (2021)
https://doi.org/10.1016/j.jfi.2020.100860
See also » FRB Working Paper (2016) - Approaches to Estimating Aggregate Demand for Reserve Balances
Joseph Andros, Michael Beall, Francis Martinez, Tony Rodrigues, Mary-Frances Styczynski, and Alex Thorp
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2459 - Estimating System Demand for Reserve Balances Using the 2018 Senior Financial Officer Survey
Thomas Keating, Francis Martinez, Luke Pettit, Marcelo Rezende, Mary-Frances Styczynski, and Alex Thorp
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2327 - How Have the Fed's Three Rate Hikes Passed Through to Selected Short-term Interest Rates?
Alyssa Anderson, Jane Ihrig, Mary-Frances Styczynski, and Gretchen C. Weinbach
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.2005 - The Cleared Bilateral Repo Market and Proposed Repo Benchmark Rates
David Bowman, Joshua Louria, Matthew McCormick, and Mary-Frances Styczynski
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.1940 - Demand for Voluntary Balance Requirements: The U.S. Experience with Contractual Clearing Balances from 2000 to 2007
Jeffrey M. Naber, Richard Sambasivam, and Mary-Frances Styczynski
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.1755 - The Effects of Liquidity Regulation on Participation in the Term Deposit Facility
Marcelo Rezende and Mary-Frances Styczynski
FEDS Notes (2015)
https://doi.org/10.17016/2380-7172.1545
Last Update:
March 24, 2025