Details about Piti Disyatat

Access statistics for papers by Piti Disyatat.

Last updated 2024-11-14. Update your information in the RePEc Author Service.

Short-id: pdi72

Working Papers

2021

1. Losing traction? The real effects of monetary policy when interest rates are low
   BIS Working Papers, Bank for International Settlements View citations (8)
   See also Journal Article Losing traction? The real effects of monetary policy when interest rates are low, Journal of International Money and Finance, Elsevier (2024) View citations (2) (2024)

2020

2. Central bank swap lines and cross-border bank flows
   BIS Bulletins, Bank for International Settlements
3. Global and domestic financial cycles: variations on a theme
   BIS Working Papers, Bank for International Settlements
   See also Journal Article Global and Domestic Financial Cycles: Variations on a Theme, International Journal of Central Banking, International Journal of Central Banking (2023) View citations (3) (2023)

2019

4. Monetary policy hysteresis and the financial cycle
   BIS Working Papers, Bank for International Settlements View citations (27)
5. What anchors for the natural rate of interest?
   BIS Working Papers, Bank for International Settlements View citations (27)
   Also in PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research (2018) View citations (7)

2018

6. Monetary policy in the grip of a pincer movement
   BIS Working Papers, Bank for International Settlements View citations (14)
   See also Chapter Monetary Policy in the Grip of a Pincer Movement, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2019) View citations (5) (2019)
7. Thai Inflation Dynamics: A View from Micro CPI Data
   PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (2)
8. Why So Low for So Long? A Long-Term View of Real Interest Rates
   PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (27)
   Also in Bank of Finland Research Discussion Papers, Bank of Finland (2017) View citations (5)
   BIS Working Papers, Bank for International Settlements (2017) View citations (68)
   See also Journal Article Why So Low for So Long? A Long-Term View of Real Interest Rates, International Journal of Central Banking, International Journal of Central Banking (2022) (2022)

2017

9. Monetary Policy, the Financial Cycle and Ultra-low Interest Rates
   PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (66)
   Also in Bank of Finland Research Discussion Papers, Bank of Finland (2016) View citations (3)
   BIS Working Papers, Bank for International Settlements (2016) View citations (50)
   See also Journal Article Monetary Policy, the Financial Cycle, and Ultra-Low Interest Rates, International Journal of Central Banking, International Journal of Central Banking (2017) View citations (63) (2017)
10. Structural Transformation in Thailand: A Perspective Through Product Innovation
    PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (2)

2016

11. Capital Flows and the Current Account: Taking Financing (More) Seriously
    PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (1)
    Also in BIS Working Papers, Bank for International Settlements (2015) View citations (101)
12. Dissecting Thailand's International Trade: Evidence from 88 Million Export and Import Entries
    PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (4)
    See also Journal Article Dissecting Thailand's International Trade: Evidence from 88 Million Export and Import Entries, Asian Development Review, MIT Press (2019) View citations (1) (2019)

2015

13. Monetary Policy and Financial Spillovers: Losing Traction?
    PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (3)
    Also in BIS Working Papers, Bank for International Settlements (2015) View citations (4)
    See also Journal Article Monetary policy and financial spillovers: Losing traction?, Journal of International Money and Finance, Elsevier (2017) View citations (4) (2017)
14. Rethinking Potential Output: Embedding Information about the Financial Cycle
    PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research View citations (5)
    Also in BIS Working Papers, Bank for International Settlements (2013) View citations (181)
    See also Journal Article Rethinking potential output: embedding information about the financial cycle, Oxford Economic Papers, Oxford University Press (2017) View citations (43) (2017)

2014

15. A parsimonious approach to incorporating economic information in measures of potential output
    BIS Working Papers, Bank for International Settlements View citations (82)

2011

16. Global imbalances and the financial crisis: Link or no link?
    BIS Working Papers, Bank for International Settlements View citations (417)

2010

17. The bank lending channel revisited
    BIS Working Papers, Bank for International Settlements View citations (49)
    See also Journal Article The Bank Lending Channel Revisited, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (70) (2011)

2009

18. Unconventional monetary policies: an appraisal
    BIS Working Papers, Bank for International Settlements View citations (125)
    See also Journal Article UNCONVENTIONAL MONETARY POLICIES: AN APPRAISAL, Manchester School, University of Manchester (2010) View citations (177) (2010)

2008

19. Monetary policy implementation: Misconceptions and their consequences
    BIS Working Papers, Bank for International Settlements View citations (53)

2007

20. Challenges to Managing Risk and Volatility in the Emerging Market Context
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (1)

2005

21. Effective Exchange Rates and Monetary Policy: The Thai Experience
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (2)
22. Inflation Targeting, Asset Prices, and Financial Imbalances: Conceptualizing the Debate
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (6)
    Also in BIS Working Papers, Bank for International Settlements (2005) View citations (9)
    See also Journal Article Inflation targeting, asset prices, and financial imbalances: Contextualizing the debate, Journal of Financial Stability, Elsevier (2010) View citations (57) (2010)
23. The effectiveness of foreign exchange intervention in emerging market countries: evidence from the Czech koruna
    BIS Working Papers, Bank for International Settlements View citations (73)
    See also Journal Article The effectiveness of foreign exchange intervention in emerging market countries: Evidence from the Czech koruna, Journal of International Money and Finance, Elsevier (2007) View citations (111) (2007)
24. When Global Imbalances Unwind: Challenges for the Asian Region
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (2)

2003

25. Asia in a Low Inflation Environment: Facts, Orgins, and Implications for Policy
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (1)
26. Balance Sheets and Economic Recovery
    Working Papers, Monetary Policy Group, Bank of Thailand

2002

27. Currency Crises and the Real Economy: The Role of Banks
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (1)
    Also in IMF Working Papers, International Monetary Fund (2001) View citations (23)
    See also Journal Article Currency crises and the real economy: The role of banks, European Economic Review, Elsevier (2004) View citations (7) (2004)
28. Monetary Policy and the Transmission Mechanism in Thailand
    Working Papers, Monetary Policy Group, Bank of Thailand View citations (14)
    See also Journal Article Monetary policy and the transmission mechanism in Thailand, Journal of Asian Economics, Elsevier (2003) View citations (92) (2003)

2001

29. Currency Crises and Foreign Reserves: A Simple Model
    IMF Working Papers, International Monetary Fund View citations (11)
30. The Asset Allocation of Emerging Market Mutual Funds
    IMF Working Papers, International Monetary Fund View citations (21)

2000

31. Capital Markets and External Current Accounts: What to Expect From the Euro
    IMF Working Papers, International Monetary Fund View citations (6)

Journal Articles

2024

1. Losing traction? The real effects of monetary policy when interest rates are low
   Journal of International Money and Finance, 2024, 141, (C) View citations (2)
   See also Working Paper Losing traction? The real effects of monetary policy when interest rates are low, BIS Working Papers (2021) View citations (8) (2021)

2023

2. Global and Domestic Financial Cycles: Variations on a Theme
   International Journal of Central Banking, 2023, 19, (5), 49-98 View citations (3)
   See also Working Paper Global and domestic financial cycles: variations on a theme, BIS Working Papers (2020) (2020)

2022

3. Why So Low for So Long? A Long-Term View of Real Interest Rates
   International Journal of Central Banking, 2022, 18, (3), 47-87
   See also Working Paper Why So Low for So Long? A Long-Term View of Real Interest Rates, PIER Discussion Papers (2018) View citations (27) (2018)

2021

4. Monetary policy, relative prices and inflation control: flexibility born out of success
   BIS Quarterly Review, 2021 View citations (9)

2020

5. Thai inflation dynamics: A view from disaggregated price data
   Economic Modelling, 2020, 84, (C), 117-134 View citations (2)

2019

6. Dissecting Thailand's International Trade: Evidence from 88 Million Export and Import Entries
   Asian Development Review, 2019, 36, (1), 20-53 View citations (1)
   See also Working Paper Dissecting Thailand's International Trade: Evidence from 88 Million Export and Import Entries, PIER Discussion Papers (2016) View citations (4) (2016)

2017

7. Monetary Policy, the Financial Cycle, and Ultra-Low Interest Rates
   International Journal of Central Banking, 2017, 13, (3), 55-89 View citations (63)
   See also Working Paper Monetary Policy, the Financial Cycle and Ultra-low Interest Rates, PIER Discussion Papers (2017) View citations (66) (2017)
8. Monetary policy and financial spillovers: Losing traction?
   Journal of International Money and Finance, 2017, 74, (C), 115-136 View citations (4)
   See also Working Paper Monetary Policy and Financial Spillovers: Losing Traction?, PIER Discussion Papers (2015) View citations (3) (2015)
9. Rethinking potential output: embedding information about the financial cycle
   Oxford Economic Papers, 2017, 69, (3), 655-677 View citations (43)
   See also Working Paper Rethinking Potential Output: Embedding Information about the Financial Cycle, PIER Discussion Papers (2015) View citations (5) (2015)

2011

10. The Bank Lending Channel Revisited
    Journal of Money, Credit and Banking, 2011, 43, (4), 711-734 View citations (70)
    Also in Journal of Money, Credit and Banking, 2011, 43, (4), 711-734 (2011) View citations (191)
    See also Working Paper The bank lending channel revisited, BIS Working Papers (2010) View citations (49) (2010)

2010

11. Central bank tools and liquidity shortages
    Economic Policy Review, 2010, 16, (Aug), 29-42 View citations (32)
12. Global Imbalances and the Financial Crisis: Reassessing the Role of International Finance
    Asian Economic Policy Review, 2010, 5, (2), 198-216 View citations (28)
13. Inflation targeting, asset prices, and financial imbalances: Contextualizing the debate
    Journal of Financial Stability, 2010, 6, (3), 145-155 View citations (57)
    See also Working Paper Inflation Targeting, Asset Prices, and Financial Imbalances: Conceptualizing the Debate, Working Papers (2005) View citations (6) (2005)
14. UNCONVENTIONAL MONETARY POLICIES: AN APPRAISAL
    Manchester School, 2010, 78, (s1), 53-89 View citations (177)
    See also Working Paper Unconventional monetary policies: an appraisal, BIS Working Papers (2009) View citations (125) (2009)

2008

15. Productivity shocks and the current account: An alternative perspective of capital market integration
    Journal of International Money and Finance, 2008, 27, (6), 897-914 View citations (11)

2007

16. The effectiveness of foreign exchange intervention in emerging market countries: Evidence from the Czech koruna
    Journal of International Money and Finance, 2007, 26, (3), 383-402 View citations (111)
    See also Working Paper The effectiveness of foreign exchange intervention in emerging market countries: evidence from the Czech koruna, BIS Working Papers (2005) View citations (73) (2005)

2004

17. Currency crises and the real economy: The role of banks
    European Economic Review, 2004, 48, (1), 75-90 View citations (7)
    See also Working Paper Currency Crises and the Real Economy: The Role of Banks, Working Papers (2002) View citations (1) (2002)

2003

18. Monetary policy and the transmission mechanism in Thailand
    Journal of Asian Economics, 2003, 14, (3), 389-418 View citations (92)
    See also Working Paper Monetary Policy and the Transmission Mechanism in Thailand, Working Papers (2002) View citations (14) (2002)

Chapters

2019

1. Comments on "The global impact of risk-off shocks"
   A chapter in Asia-Pacific fixed income markets: evolving structure, participation and pricing, 2019, vol. 102, pp 25-28
2. Monetary Policy in the Grip of a Pincer Movement
   Chapter 10 in Monetary Policy and Financial Stability: Transmission Mechanisms and Policy Implications, 2019, vol. 26, pp 311-356 View citations (5)
   See also Working Paper Monetary policy in the grip of a pincer movement, Bank for International Settlements (2018) View citations (14) (2018)

2017

3. Discussion of Exploring the Link between the Macroeconomic and Financial Cycles
   A chapter in Monetary Policy and Financial Stability in a World of Low Interest Rates, 2017

2016

4. Financial globalisation and monetary independence
   A chapter in Expanding the boundaries of monetary policy in Asia and the Pacific, 2016, vol. 88, pp 213-225 View citations (3)

2013

5. Discussion of Funding Flows and Credit in Carry Trade Economies
   A chapter in Liquidity and Funding Markets, 2013

2012

6. Discussion of Property Prices and Bank Risk-taking
   A chapter in Property Markets and Financial Stability, 2012

2009

7. The Pursuit of Monetary and Financial Stability in Emerging Market Economies
   Chapter 2 in Monetary Policy Frameworks for Emerging Markets, 2009 View citations (1)

2005

8. The effectiveness of foreign exchange intervention in emerging market countries
   A chapter in Foreign exchange market intervention in emerging markets: motives, techniques and implications, 2005, vol. 24, pp 97-113 View citations (72)