Details about Hyun Song Shin

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Homepage:	https://www.bis.org/author/hyun_song_shin.htm
Workplace:	Bank for International Settlements (BIS), (more information at EDIRC)

Access statistics for papers by Hyun Song Shin.

Last updated 2022-10-26. Update your information in the RePEc Author Service.

Short-id: psh692

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Working Papers

2022

1. Central banks, the monetary system and public payment infrastructures: lessons from Brazil's Pix
   BIS Bulletins, Bank for International Settlements
2. Dollar beta and stock returns
   BIS Working Papers, Bank for International Settlements View citations (1)
3. How Abundant Are Reserves? Evidence from the Wholesale Payment System
   NBER Working Papers, National Bureau of Economic Research, Inc
4. Non-bank Financial Intermediaries and Financial Stability
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in BIS Working Papers, Bank for International Settlements (2021) View citations (7)
5. Risk capacity, portfolio choice and exchange rates
   BIS Working Papers, Bank for International Settlements View citations (2)

2021

6. Big techs in finance: on the new nexus between data privacy and competition
   BIS Working Papers, Bank for International Settlements View citations (1)
   See also Chapter (2021)
7. Central bank digital currencies: motives, economic implications and the research frontier
   BIS Working Papers, Bank for International Settlements View citations (4)
   See also Journal Article in Annual Review of Economics (2022)
8. Distributed Ledgers and the Governance of Money
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in BIS Working Papers, Bank for International Settlements (2021) View citations (6)
   Working Papers, Swiss National Bank, Study Center Gerzensee (2021) View citations (5)
   CESifo Working Paper Series, CESifo (2021) View citations (4)
9. Dollar and Exports
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in BIS Working Papers, Bank for International Settlements (2019) View citations (23)
10. Liquidity management and asset sales by bond funds in the face of investor redemptions in March 2020
    BIS Bulletins, Bank for International Settlements
11. Permissioned Distributed Ledgers and the Governance of Money
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (8)
12. Regulating big techs in finance
    BIS Bulletins, Bank for International Settlements
13. The fintech gender gap
    BIS Working Papers, Bank for International Settlements View citations (15)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (2)

2020

14. An early stablecoin? The Bank of Amsterdam and the governance of money
    BIS Working Papers, Bank for International Settlements View citations (19)
    Also in Working Papers, DNB (2020) View citations (20)
15. Emerging market economy exchange rates and local currency bond markets amid the Covid-19 pandemic
    BIS Bulletins, Bank for International Settlements View citations (40)
16. Leverage and margin spirals in fixed income markets during the Covid-19 crisis
    BIS Bulletins, Bank for International Settlements View citations (62)
17. Low price-to-book ratios and bank dividend payout policies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
18. The dollar, bank leverage and real economic activity: an evolving relationship
    BIS Working Papers, Bank for International Settlements View citations (11)
    See also Journal Article in AEA Papers and Proceedings (2020)
19. Trade credit, trade finance, and the Covid-19 Crisis
    BIS Bulletins, Bank for International Settlements View citations (20)

2019

20. BigTech and the changing structure of financial intermediation
    BIS Working Papers, Bank for International Settlements View citations (88)
    See also Journal Article in Economic Policy (2019)
21. Bond risk premia and the exchange rate
    BIS Working Papers, Bank for International Settlements View citations (20)
    See also Journal Article in Journal of Money, Credit and Banking (2020)
22. FX intervention and domestic credit: Evidence from high-frequency micro data
    BIS Working Papers, Bank for International Settlements View citations (26)
    Also in Borradores de Economia, Banco de la Republica de Colombia (2019) View citations (21)

2018

23. Central bank forward guidance and the signal value of market prices
    BIS Working Papers, Bank for International Settlements View citations (18)
    See also Journal Article in AEA Papers and Proceedings (2018)
24. Currency depreciation and emerging market corporate distress
    BIS Working Papers, Bank for International Settlements View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (6)
    See also Journal Article in Management Science (2020)
25. Exchange Rates and Monetary Spillovers
    Post-Print, HAL View citations (5)
    Also in Sciences Po publications, Sciences Po (2016) View citations (1)
    BIS Working Papers, Bank for International Settlements (2016) View citations (1)
    Working Papers, HAL (2016)
    Sciences Po publications, Sciences Po (2018) View citations (6)
    See also Journal Article in Theoretical Economics (2018)
26. Gauging procyclicality and financial vulnerability in Asia through the BIS banking and financial statistics
    BIS Working Papers, Bank for International Settlements View citations (4)
    See also Chapter (2021)
27. Liquidity, Leverage, and Regulation Ten Years after the Global Financial Crisis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (9)
28. Money and trust: lessons from the 1620s for money in the digital age
    BIS Working Papers, Bank for International Settlements View citations (16)
29. Risk-Taking Channel of Monetary Policy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    See also Journal Article in Financial Management (2019)

2017

30. Redemption risk and cash hoarding by asset managers
    BIS Working Papers, Bank for International Settlements View citations (58)
    See also Journal Article in Journal of Monetary Economics (2017)

2016

31. Bank capital and dividend externalities
    BIS Working Papers, Bank for International Settlements View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2013) View citations (13)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (13)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014)
    See also Journal Article in Review of Financial Studies (2017)
32. Dynamic Leverage Asset Pricing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (13)
    Also in Staff Reports, Federal Reserve Bank of New York (2013) View citations (10)
33. Illiquidity Component of Credit Risk
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (17)
34. Sovereign yields and the risk-taking channel of currency appreciation
    BIS Working Papers, Bank for International Settlements View citations (71)
35. The dollar, bank leverage and the deviation from covered interest parity
    BIS Working Papers, Bank for International Settlements View citations (66)
    See also Journal Article in American Economic Review: Insights (2019)
36. Why bank capital matters for monetary policy
    BIS Working Papers, Bank for International Settlements View citations (106)
    See also Journal Article in Journal of Financial Intermediation (2018)

2015

37. Breaking free of the triple coincidence in international finance
    BIS Working Papers, Bank for International Settlements View citations (46)
    See also Journal Article in Economic Policy (2016)
    Chapter (2017)
38. Common Belief Foundations of Global Games
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (3)
    Also in Levine's Bibliography, UCLA Department of Economics (2007) View citations (25)
    See also Journal Article in Journal of Economic Theory (2016)
39. Comparative assessment of macroprudential policies
    BIS Working Papers, Bank for International Settlements View citations (56)
    See also Journal Article in Journal of Financial Stability (2017)
40. Destabilizing carry trades
    Sciences Po publications, Sciences Po
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2014) View citations (1)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2014) View citations (1)
    Working Papers, HAL (2015)
41. Global dollar credit and carry trades: a firm-level analysis
    BIS Working Papers, Bank for International Settlements View citations (48)
    See also Journal Article in Review of Financial Studies (2017)
42. Investor redemptions and fund manager sales of emerging market bonds: how are they related?
    BIS Working Papers, Bank for International Settlements View citations (41)
43. News shocks, monetary policy, and foreign currency positions
    Staff Reports, Federal Reserve Bank of New York View citations (1)
44. On the scale of financial intermediaries
    Staff Reports, Federal Reserve Bank of New York View citations (15)
45. Risk Premium Shifts and Monetary Policy: A Coordination Approach
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (2)
    See also Chapter (2016)
46. The hunt for duration: not waving but drowning?
    BIS Working Papers, Bank for International Settlements View citations (30)
    See also Journal Article in IMF Economic Review (2017)

2014

47. Cross-border banking and global liquidity
    BIS Working Papers, Bank for International Settlements View citations (172)
    See also Journal Article in Review of Economic Studies (2015)
48. Global Liquidity through the Lens of Monetary Aggregates
    IMF Working Papers, International Monetary Fund View citations (27)
    See also Journal Article in Economic Policy (2015)
49. Mapping the Shadow Banking System Through a Global Flow of Funds Analysis
    IMF Working Papers, International Monetary Fund View citations (17)
50. The international monetary and financial system: a capital account historical perspective
    BIS Working Papers, Bank for International Settlements View citations (33)
51. The international monetary and financial system: a capital account perspective
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (14)

2013

52. Assessing Macroprudential Policies: Case of Korea
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
53. Capital Flows and the Risk-Taking Channel of Monetary Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (68)
    Also in BIS Working Papers, Bank for International Settlements (2012) View citations (47)
    See also Journal Article in Journal of Monetary Economics (2015)
54. Capital Flows, Cross-Border Banking and Global Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (87)
55. Financing Growth without Banks: Korean Housing Repo Contract
    2013 Meeting Papers, Society for Economic Dynamics View citations (6)
56. Global Factors in Capital Flows and Credit Growth
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (2)
57. Procyclical Leverage and Value-at-Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (84)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013) View citations (80)
    See also Journal Article in Review of Financial Studies (2014)
58. Procyclicality and the Search for Early Warning Indicators
    IMF Working Papers, International Monetary Fund View citations (31)
59. Working Capital, Trade and Macro Fluctuations
    Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. View citations (4)

2012

60. Adapting Macropudential Policies to Global Liquidity Conditions
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
    See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2012)
    Chapter (2014)
61. Banks and cross-border capital flows: challenges and regulatory responses
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (19)
62. Dividends and Bank Capital in the Financial Crisis of 2007-2009
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (62)
63. Exploring the Dynamics of Global Liquidity
    IMF Working Papers, International Monetary Fund View citations (23)
64. Macroprudential Policies in Open Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
    See also Journal Article in Proceedings (2011)
65. Mitigating Systemic Spillovers from Currency Hedging
    Working Papers, Economic Research Institute, Bank of Korea View citations (4)
    See also Journal Article in National Institute Economic Review (2012)
    Chapter (2014)
66. Monetary Aggregates and the Central Bank’s Financial Stability Mandate
    Working Papers, Economic Research Institute, Bank of Korea View citations (10)
67. Non-Core Bank Liabilities and Financial Vulnerability
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    See also Journal Article in Journal of Money, Credit and Banking (2013)
68. Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (119)

2011

69. Balance Sheet Capacity and Endogenous Risk
    FMG Discussion Papers, Financial Markets Group View citations (37)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011) View citations (48)
70. Carry Trades, Monetary Policy and Speculative Dynamics
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (44)
71. Financial intermediary balance sheet management
    Staff Reports, Federal Reserve Bank of New York View citations (50)
    See also Journal Article in Annual Review of Financial Economics (2011)
72. Procyclicality and Monetary Aggregates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (72)
73. Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-09
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (14)
    Also in Staff Reports, Federal Reserve Bank of New York (2011) View citations (19)

2010

74. Contagious Adverse Selection
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (4)
    See also Journal Article in American Economic Journal: Macroeconomics (2012)
75. Contagious Adverse Selection - Revised November, 2010
    Working Papers, Princeton University, Department of Economics, Econometric Research Program. View citations (1)
76. Financial Intermediation, Asset Prices, and Macroeconomic Dynamics
    2010 Meeting Papers, Society for Economic Dynamics View citations (67)
    Also in Staff Reports, Federal Reserve Bank of New York (2010) View citations (32)
77. Financial intermediation and the post-crisis financial system
    BIS Working Papers, Bank for International Settlements View citations (34)
78. Macro risk premium and intermediary balance sheet quantities
    Staff Reports, Federal Reserve Bank of New York View citations (49)
    See also Journal Article in IMF Economic Review (2010)
79. Monetary cycles, financial cycles, and the business cycle
    Staff Reports, Federal Reserve Bank of New York View citations (27)
80. Risk Appetite and Endogenous Risk
    FMG Discussion Papers, Financial Markets Group View citations (28)
81. Risk Appetite and Exchange Rates
    2010 Meeting Papers, Society for Economic Dynamics View citations (29)
    Also in Staff Reports, Federal Reserve Bank of New York (2009) View citations (4)
82. The changing nature of financial intermediation and the financial crisis of 2007-09
    Staff Reports, Federal Reserve Bank of New York View citations (101)
83. p-dominance and Belief Potential
    Levine's Working Paper Archive, David K. Levine View citations (1)
    See also Journal Article in Econometrica (1995)

2009

84. A Financial System Perspective on Japan's Experience in the Late 1980s
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (17)
85. A Theory of Slow-Moving Capital and Contagion
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
86. Crisis Resolution and Bank Liquidity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article in Review of Financial Studies (2011)
87. Endogenous choice of bank liquidity: the role of fire sales
    Bank of England working papers, Bank of England View citations (18)
88. Financial intermediaries and monetary economics
    Staff Reports, Federal Reserve Bank of New York View citations (28)
    See also Chapter (2010)
89. Money, liquidity, and monetary policy
    Staff Reports, Federal Reserve Bank of New York View citations (196)
    See also Journal Article in American Economic Review (2009)
90. Prices and quantities in the monetary policy transmission mechanism
    Staff Reports, Federal Reserve Bank of New York View citations (25)
    See also Journal Article in International Journal of Central Banking (2009)
91. The shadow banking system: implications for financial regulation
    Staff Reports, Federal Reserve Bank of New York View citations (60)
    See also Journal Article in Financial Stability Review (2009)

2008

92. Fair Value Accounting and Financial Stability
    Sciences Po publications, Sciences Po View citations (16)
    Also in Post-Print, HAL (2008) View citations (16)
    See also Journal Article in Financial Stability Review (2008)
93. Financial intermediaries, financial stability, and monetary policy
    Staff Reports, Federal Reserve Bank of New York View citations (65)
    See also Journal Article in Proceedings - Economic Policy Symposium - Jackson Hole (2008)
94. Financial intermediary leverage and value at risk
    Staff Reports, Federal Reserve Bank of New York View citations (72)
95. Liquidity and financial cycles
    BIS Working Papers, Bank for International Settlements View citations (159)
96. Liquidity and leverage
    Staff Reports, Federal Reserve Bank of New York View citations (81)
    See also Journal Article in Journal of Financial Intermediation (2010)
97. Marking-to-Market: Panacea or Pandora's Box?
    Post-Print, HAL View citations (9)
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations (137)
    See also Journal Article in Journal of Accounting Research (2008)
98. Precautionary Demand and Liquidity in Payment Systems
    Staff Reports, Federal Reserve Bank of New York View citations (19)
    See also Journal Article in Journal of Money, Credit and Banking (2011)

2007

99. Coordinating Expectations in Monetary Policy
    Levine's Bibliography, UCLA Department of Economics View citations (3)
    See also Chapter (2008)
100. Fire Sales, Foreign Entry and Bank Liquidity
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
101. Fire-sale FDI
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
     See also Journal Article in Korean Economic Review (2011)
102. The Broad Yen Carry Trade
     IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (13)
     See also Chapter (2009)

2006

103. Endogenous Public Signals and Coordination
     Levine's Bibliography, UCLA Department of Economics View citations (5)
104. Optimal Communication
     Levine's Bibliography, UCLA Department of Economics View citations (3)
     See also Journal Article in Journal of the European Economic Association (2007)
105. Risk and liquidity in a system context
     BIS Working Papers, Bank for International Settlements View citations (13)
     See also Journal Article in Journal of Financial Intermediation (2008)

2005

106. Liquidity risk and contagion
     Bank of England working papers, Bank of England View citations (483)
     See also Journal Article in Journal of the European Economic Association (2005)
107. Marking to Market, Liquidity, and Financial Stability
     Sciences Po publications, Sciences Po View citations (5)
     Also in Working Papers, HAL (2005) View citations (5)
     See also Journal Article in Monetary and Economic Studies (2005)
108. Optimal collective action clause thresholds
     Bank of England working papers, Bank of England View citations (9)

2004

109. Beauty Contests, Bubbles and Iterated Expectations in Asset Markets
     Yale School of Management Working Papers, Yale School of Management View citations (23)
     Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003) View citations (20)
     NajEcon Working Paper Reviews, www.najecon.org (2003) View citations (33)
110. Catalytic Finance: When Does It Work?
     Yale School of Management Working Papers, Yale School of Management View citations (5)
     Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003) View citations (26)
     See also Journal Article in Journal of International Economics (2006)
111. Communication and Monetary Policy
     Yale School of Management Working Papers, Yale School of Management View citations (11)
     Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003) View citations (16)
     Levine's Working Paper Archive, David K. Levine (2003) View citations (30)
     BIS Working Papers, Bank for International Settlements (2003) View citations (24)
     See also Journal Article in Oxford Review of Economic Policy (2002)
112. Fair Value Reporting Standards and Market Volatility
     Sciences Po publications, Sciences Po View citations (3)
     Also in Post-Print, HAL (2004) View citations (2)
113. Heterogeneity and Uniqueness in Interaction Games
     Yale School of Management Working Papers, Yale School of Management View citations (1)
     Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003) View citations (8)
114. Liquidity Black Holes
     Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (124)
     Also in Econometric Society 2004 North American Winter Meetings, Econometric Society (2004) View citations (124)
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2003) View citations (8)
     Yale School of Management Working Papers, Yale School of Management (2004) View citations (124)
     See also Journal Article in Review of Finance (2004)
115. Opening and Closing the Market: Evidence from the London Stock Exchange
     FMG Discussion Papers, Financial Markets Group View citations (4)
     Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2004) View citations (1)
     See also Journal Article in Journal of Financial and Quantitative Analysis (2005)
116. Public and Private Information in Monetary Policy Models
     Econometric Society 2004 North American Winter Meetings, Econometric Society View citations (2)
     Also in BIS Working Papers, Bank for International Settlements (2003) View citations (78)
     Computing in Economics and Finance 2003, Society for Computational Economics (2003) View citations (78)
     Levine's Bibliography, UCLA Department of Economics (2003) View citations (80)
117. Regulating Financial Conglomerates
     Working Paper Research, National Bank of Belgium View citations (22)
118. The impact of risk regulation on price dynamics
     LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (77)
     See also Journal Article in Journal of Banking & Finance (2004)

2003

119. Analytics of sovereign debt restructuring
     Bank of England working papers, Bank of England View citations (14)
     See also Journal Article in Journal of International Economics (2005)
120. Beauty Contests, Bubbles and Iterated Expectations in Asset Markets Capital Adequacy Regulation: In Search of a Rationale
     Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania
121. Catalytic Finance
     Levine's Working Paper Archive, David K. Levine
122. Debt maturity structure with pre-emptive creditors
     Bank of England working papers, Bank of England
     See also Journal Article in Economics Letters (2004)
123. Positive feedback trading under stress: Evidence from the US Treasury securities market
     BIS Working Papers, Bank for International Settlements View citations (35)
     See also Chapter (2002)

2002

124. Coordination Risk and the Price of Debt
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (6)
     Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (11)
     FMG Discussion Papers, Financial Markets Group (2001) View citations (13)
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1999) View citations (22)
     See also Journal Article in European Economic Review (2004)
125. Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises
     Departmental Working Papers, The Australian National University, Arndt-Corden Department of Economics View citations (1)
     Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (7)
     Bank of England working papers, Bank of England (2001) View citations (10)
     FMG Discussion Papers, Financial Markets Group (2001) View citations (5)
     See also Journal Article in Journal of International Economics (2004)
126. Disclosures and Asset Returns
     CEPR Discussion Papers, C.E.P.R. Discussion Papers
     Also in FMG Discussion Papers, Financial Markets Group (2001)
     LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001)
     See also Journal Article in Econometrica (2003)
127. Foreshadowing LTCM: the crisis of 1763
     Papers, Sonderforschungsbreich 504 View citations (6)
     Also in Papers, Sonderforschungsbreich 504 (2001) View citations (3)
     Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2001) View citations (6)

2001

128. An Academic Response to Basel II
     FMG Special Papers, Financial Markets Group
129. Asset Price Dynamics with Value-at-Risk Constrained Traders
     FMG Discussion Papers, Financial Markets Group View citations (9)
130. Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders
     FMG Discussion Papers, Financial Markets Group View citations (13)
     Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2001) View citations (13)
     CEPR Discussion Papers, C.E.P.R. Discussion Papers (2000) View citations (19)
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2000) View citations (11)
     See also Journal Article in Review of Economic Studies (2004)
131. Global Games: Theory and Applications
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (50)
     Also in Levine's Working Paper Archive, David K. Levine (2001) View citations (102)
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2000) View citations (50)
132. The CNBC Effect: Welfare Effects of Public Information
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (3)

2000

133. Rethinking Multiple Equilibria in Macroeconomic Modelling
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (136)
     See also Chapter (2001)
134. Welfare effects of public information
     Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (7)

1998

135. A Theory of the Onset of Currency Attacks
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (21)
     Also in Economics Papers, Economics Group, Nuffield College, University of Oxford (1998) View citations (7)
     CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (7)

1997

136. Adversarial and Inquisitorial Procedures in Arbitration
     CEPR Discussion Papers, C.E.P.R. Discussion Papers
     Also in Economics Papers, Economics Group, Nuffield College, University of Oxford (1996)
     See also Journal Article in RAND Journal of Economics (1998)
137. Equilibrium Departures From Common Knowledge in Games With Non-Additive Expected Utility
     Economics Papers, Economics Group, Nuffield College, University of Oxford View citations (1)
     See also Journal Article in The B.E. Journal of Theoretical Economics (2002)
138. Unique Equilibrium in a Model of Self-fulfilling Currency Attacks
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
     Also in Economics Papers, Economics Group, Nuffield College, University of Oxford (1996) View citations (73)
     See also Journal Article in American Economic Review (1998)

1996

139. Skewness of Earnings and the Believability Hypothesis: How Does the Financial Market Discount Accounting Earnings Disclosures?
     Economics Papers, Economics Group, Nuffield College, University of Oxford View citations (2)

1995

140. A Violation of Dominance anf the Consumption Value of Gambling
     Working Papers, University of Southampton - Department of Accounting and Management Science View citations (1)
141. Informational events that trigger currency attacks
     Working Papers, Federal Reserve Bank of Philadelphia View citations (6)

1992

142. Sophisticated Bounded Agents Play the Repeated Dilemma
     Economics Series Working Papers, University of Oxford, Department of Economics View citations (1)

1989

143. NON-PARTITIONAL INFORMATION ON DYNAMIC STATE SPACES AND THE POSSIBILITY OF SPECULATION
     Working Papers, Michigan - Center for Research on Economic & Social Theory View citations (1)

Undated

144. "Weight of Money" Pricing and Speculative Dynamics
     GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
145. Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory
     CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences View citations (27)
     Also in Penn CARESS Working Papers, Penn Economics Department
     CARESS Working Papres, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences

Journal Articles

2022

1. Central Bank Digital Currencies: Motives, Economic Implications, and the Research Frontier
   Annual Review of Economics, 2022, 14, (1), 697-721 View citations (5)
   See also Working Paper (2021)
2. Dividends and Bank Capital in the Global Financial Crisis of 2007-2009
   Journal of Financial Crises, 2022, 4, (2), 1-39

2021

3. INTERNATIONAL CREDIT TO EMERGING MARKET ECONOMIES DURING THE COVID-19 CRISIS
   Financial Stability Review, 2021, 61-70
4. Offshore EME bond issuance and the transmission channels of global liquidity
   Journal of International Money and Finance, 2021, 112, (C) View citations (5)
5. Outward portfolio investment and dollar funding in emerging Asia
   BIS Quarterly Review, 2021 View citations (4)

2020

6. Bond Risk Premia and The Exchange Rate
   Journal of Money, Credit and Banking, 2020, 52, (S2), 497-520 View citations (11)
   See also Working Paper (2019)
7. Currency Depreciation and Emerging Market Corporate Distress
   Management Science, 2020, 66, (5), 1935-1961 View citations (8)
   See also Working Paper (2018)
8. Design of Microgrid Protection Schemes Using PSCAD/EMTDC and ETAP Programs
   Energies, 2020, 13, (21), 1-19
9. The Dollar, Bank Leverage, and Real Economic Activity: An Evolving Relationship
   AEA Papers and Proceedings, 2020, 110, 529-34 View citations (10)
   See also Working Paper (2020)

2019

10. BigTech and the changing structure of financial intermediation
    Economic Policy, 2019, 34, (100), 761-799 View citations (71)
    See also Working Paper (2019)
11. Financial conditions and purchasing managers' indices: exploring the links
    BIS Quarterly Review, 2019 View citations (1)
12. Following the imprint of the ECB's asset purchase programme on global bond and deposit flows
    BIS Quarterly Review, 2019 View citations (4)
13. Risk‐taking channel of monetary policy
    Financial Management, 2019, 48, (3), 725-738 View citations (8)
    See also Working Paper (2018)
14. The Dollar Exchange Rate as a Global Risk Factor: Evidence from Investment
    IMF Economic Review, 2019, 67, (1), 151-173 View citations (50)
15. The Dollar, Bank Leverage, and Deviations from Covered Interest Parity
    American Economic Review: Insights, 2019, 1, (2), 193-208 View citations (68)
    See also Working Paper (2016)

2018

16. Central Bank Forward Guidance and the Signal Value of Market Prices
    AEA Papers and Proceedings, 2018, 108, 572-77 View citations (18)
    See also Working Paper (2018)
17. Exchange Rates and the Working Capital Channel of Trade Fluctuations
    AEA Papers and Proceedings, 2018, 108, 531-36 View citations (27)
18. Exchange rates and monetary spillovers
    Theoretical Economics, 2018, 13, (2) View citations (8)
    See also Working Paper (2018)
19. Liquidity, Leverage, and Regulation 10 Years After the Global Financial Crisis
    Annual Review of Financial Economics, 2018, 10, (1), 1-24 View citations (12)
20. Tracking the international footprints of global firms
    BIS Quarterly Review, 2018 View citations (40)
21. Why bank capital matters for monetary policy
    Journal of Financial Intermediation, 2018, 35, (PB), 17-29 View citations (142)
    See also Working Paper (2016)

2017

22. Bank Capital and Dividend Externalities
    Review of Financial Studies, 2017, 30, (3), 988-1018 View citations (30)
    See also Working Paper (2016)
23. Comparative assessment of macroprudential policies
    Journal of Financial Stability, 2017, 28, (C), 183-202 View citations (141)
    See also Working Paper (2015)
24. Global Dollar Credit and Carry Trades: A Firm-Level Analysis
    Review of Financial Studies, 2017, 30, (3), 703-749 View citations (87)
    See also Working Paper (2015)
25. Global Liquidity: A Selective Review
    Annual Review of Economics, 2017, 9, (1), 587-612 View citations (14)
26. Redemption risk and cash hoarding by asset managers
    Journal of Monetary Economics, 2017, 89, (C), 71-87 View citations (57)
    See also Working Paper (2017)
27. The Hunt for Duration: Not Waving but Drowning?
    IMF Economic Review, 2017, 65, (1), 113-153 View citations (40)
    See also Working Paper (2015)

2016

28. Brand Performance Volatility from Marketing Spending
    Management Science, 2016, 62, (1), 197-215 View citations (4)
29. Breaking free of the triple coincidence in international finance
    Economic Policy, 2016, 31, (87), 409-451 View citations (60)
    See also Working Paper (2015)
    Chapter (2017)
30. Common belief foundations of global games
    Journal of Economic Theory, 2016, 163, (C), 826-848 View citations (19)
    See also Working Paper (2015)
31. ILLIQUIDITY COMPONENT OF CREDIT RISK – THE 2015 LAWRENCE R. KLEIN LECTURE
    International Economic Review, 2016, 57, (4), 1135-1148 View citations (4)
32. The role of online buzz for leader versus challenger brands: the case of the MP3 player market
    Electronic Commerce Research, 2016, 16, (4), 503-528 View citations (1)

2015

33. Capital flows and the risk-taking channel of monetary policy
    Journal of Monetary Economics, 2015, 71, (C), 119-132 View citations (486)
    See also Working Paper (2013)
34. Cross-Border Banking and Global Liquidity
    Review of Economic Studies, 2015, 82, (2), 535-564 View citations (341)
    See also Working Paper (2014)
35. Global liquidity through the lens of monetary aggregates
    Economic Policy, 2015, 30, (82), 231-290 View citations (23)
    See also Working Paper (2014)
36. Oil and debt
    BIS Quarterly Review, 2015 View citations (21)
37. What does the new face of international financial intermediation mean for emerging market economies?
    Financial Stability Review, 2015, (19), 25-36 View citations (13)

2014

38. Globalization of corporate risk taking
    Journal of International Business Studies, 2014, 45, (7), 800-820 View citations (18)
39. Non-financial corporations from emerging market economies and capital flows
    BIS Quarterly Review, 2014 View citations (77)
40. Procyclical Leverage and Value-at-Risk
    Review of Financial Studies, 2014, 27, (2), 373-403 View citations (255)
    See also Working Paper (2013)

2013

41. A Theory of Arbitrage Capital
    Review of Corporate Finance Studies, 2013, 2, (1), 62-97 View citations (16)
42. Aligning Incentives at Systemically Important Financial Institutions: A Proposal by the Squam Lake Group
    Journal of Applied Corporate Finance, 2013, 25, (4), 37-40 View citations (6)
43. Commentary on Robert E. Hall 'The routes into and out of the Zero Lower Bound'
    Proceedings - Economic Policy Symposium - Jackson Hole, 2013
44. Monetary Aggregates and the Central Bank’s Financial Stability Mandate
    International Journal of Central Banking, 2013, 9, (1), 69-108 View citations (15)
45. Noncore Bank Liabilities and Financial Vulnerability
    Journal of Money, Credit and Banking, 2013, 45, (s1), 3-36 View citations (36)
    Also in Journal of Money, Credit and Banking, 2013, 45, 3-36 (2013) View citations (138)
    See also Working Paper (2012)
46. The second phase of global liquidity and its impact on emerging economies
    Proceedings, 2013, (Nov), 1-10 View citations (59)
    See also Chapter (2014)
47. Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007 to 2009
    NBER Macroeconomics Annual, 2013, 27, (1), 159 - 214 View citations (99)
    See also Chapter (2012)

2012

48. Adapting Macroprudential Policies to Global Liquidity Conditions
    Journal Economía Chilena (The Chilean Economy), 2012, 15, (2), 33-65 View citations (3)
    See also Working Paper (2012)
    Chapter (2014)
49. Comment
    NBER Macroeconomics Annual, 2012, 26, (1), 195 - 230
50. Contagious Adverse Selection
    American Economic Journal: Macroeconomics, 2012, 4, (1), 1-21 View citations (33)
    See also Working Paper (2010)
51. Endogenous Extreme Events and the Dual Role of Prices
    Annual Review of Economics, 2012, 4, (1), 111-129 View citations (13)
52. Global Banking Glut and Loan Risk Premium
    IMF Economic Review, 2012, 60, (2), 155-192 View citations (304)
53. Mitigating Systemic Spillovers from Currency Hedging
    National Institute Economic Review, 2012, 221, R44-R56 View citations (4)
    Also in National Institute Economic Review, 2012, 221, (1), R44-R56 (2012) View citations (5)
    See also Working Paper (2012)
    Chapter (2014)
54. Sustaining Production Chains through Financial Linkages
    American Economic Review, 2012, 102, (3), 402-06 View citations (52)

2011

55. Crisis Resolution and Bank Liquidity
    Review of Financial Studies, 2011, 24, (6), 2166-2205 View citations (134)
    See also Working Paper (2009)
56. Financial Intermediary Balance Sheet Management
    Annual Review of Financial Economics, 2011, 3, (1), 289-307 View citations (58)
    See also Working Paper (2011)
57. Fire Sale FDI
    Korean Economic Review, 2011, 27, 163-202 View citations (19)
    See also Working Paper (2007)
58. Macroprudential policies in open emerging economies
    Proceedings, 2011, (Nov), 63-114 View citations (1)
    See also Working Paper (2012)
59. Precautionary Demand and Liquidity in Payment Systems
    Journal of Money, Credit and Banking, 2011, 43, 589-619 View citations (31)
    Also in Journal of Money, Credit and Banking, 2011, 43, (s2), 589-619 (2011) View citations (13)
    See also Working Paper (2008)

2010

60. Liquidity and leverage
    Journal of Financial Intermediation, 2010, 19, (3), 418-437 View citations (1110)
    See also Working Paper (2008)
61. Macro Risk Premium and Intermediary Balance Sheet Quantities
    IMF Economic Review, 2010, 58, (1), 179-207 View citations (70)
    See also Working Paper (2010)
62. The Changing Nature of Financial Intermediation and the Financial Crisis of 2007–2009
    Annual Review of Economics, 2010, 2, (1), 603-618 View citations (162)
63. The Squam Lake Report: Fixing the Financial System
    Journal of Applied Corporate Finance, 2010, 22, (3), 8-21 View citations (117)
    See also Book (2010)

2009

64. Banking Integration, Bank Stability, and Regulation - Introduction to a Special Issue of the International Journal of Central Banking
    International Journal of Central Banking, 2009, 5, (1)
65. From Mary Poppins to Northern Rock: reflections of modern bank runs
    Mercato Concorrenza Regole, 2009, (1), 79-94 View citations (2)
66. Money, Liquidity, and Monetary Policy
    American Economic Review, 2009, 99, (2), 600-605 View citations (264)
    See also Working Paper (2009)
67. Prices and Quantities in the Monetary Policy Transmission Mechanism
    International Journal of Central Banking, 2009, 5, (4), 131-142 View citations (34)
    See also Working Paper (2009)
68. Reflections on Northern Rock: The Bank Run That Heralded the Global Financial Crisis
    Journal of Economic Perspectives, 2009, 23, (1), 101-19 View citations (227)
69. Securitisation and Financial Stability
    Economic Journal, 2009, 119, (536), 309-332 View citations (81)
70. The shadow banking system: implications for fi nancial regulation
    Financial Stability Review, 2009, (13), 1-10 View citations (44)
    See also Working Paper (2009)
71. Yen Carry Trade and the Subprime Crisis
    IMF Staff Papers, 2009, 56, (2), 384-409 View citations (21)

2008

72. Fair value accounting and financial stability
    Financial Stability Review, 2008, (12), 85-94 View citations (22)
    See also Working Paper (2008)
73. Financial Regulation in a System Context
    Brookings Papers on Economic Activity, 2008, 39, (2 (Fall)), 229-274 View citations (76)
74. Financial intermediaries, financial stability and monetary policy
    Proceedings - Economic Policy Symposium - Jackson Hole, 2008, 287-334 View citations (48)
    See also Working Paper (2008)
75. Liquidity and financial contagion
    Financial Stability Review, 2008, (11), 1-7 View citations (58)
76. Liquidity, monetary policy, and financial cycles
    Current Issues in Economics and Finance, 2008, 14, (Jan) View citations (90)
77. Marking‐to‐Market: Panacea or Pandora's Box?
    Journal of Accounting Research, 2008, 46, (2), 435-460 View citations (190)
    See also Working Paper (2008)
78. Risk and liquidity in a system context
    Journal of Financial Intermediation, 2008, 17, (3), 315-329 View citations (81)
    See also Working Paper (2006)

2007

79. Discussion of Assessing the Information Content of Mark‐to‐Market Accounting with Mixed Attributes: The Case of Cash Flow Hedges and Market Transparency and the Accounting Regime
    Journal of Accounting Research, 2007, 45, (2), 277-287 View citations (2)
80. Optimal Communication
    Journal of the European Economic Association, 2007, 5, (2-3), 594-602 View citations (40)
    See also Working Paper (2006)
81. Transparency, Communication and Commitment
    International Journal of Central Banking, 2007, 3, (1)

2006

82. Beauty Contests and Iterated Expectations in Asset Markets
    Review of Financial Studies, 2006, 19, (3), 719-752 View citations (234)
83. Catalytic finance: When does it work?
    Journal of International Economics, 2006, 70, (1), 161-177 View citations (104)
    See also Working Paper (2004)
84. Disclosure Risk and Price Drift
    Journal of Accounting Research, 2006, 44, (2), 351-379 View citations (21)
85. Imperfect common knowledge and the information value of prices
    Economic Theory, 2006, 27, (1), 213-241 View citations (29)
86. Inertia of Forward-Looking Expectations
    American Economic Review, 2006, 96, (2), 152-157 View citations (26)
87. Social Value of Public Information: Morris and Shin (2002) Is Actually Pro-Transparency, Not Con: Reply
    American Economic Review, 2006, 96, (1), 453-455 View citations (160)
88. Staggered Pricing Models Face the Facts
    International Journal of Central Banking, 2006, 2, (3)

2005

89. Analytics of sovereign debt restructuring
    Journal of International Economics, 2005, 65, (2), 315-333 View citations (30)
    See also Working Paper (2003)
90. Central Bank Transparency and the Signal Value of Prices
    Brookings Papers on Economic Activity, 2005, 36, (2), 1-66 View citations (111)
91. Commentary: has financial development made the world riskier?
    Proceedings - Economic Policy Symposium - Jackson Hole, 2005, (Aug), 381-386 View citations (2)
92. Liquidity Risk and Contagion
    Journal of the European Economic Association, 2005, 3, (2-3), 556-566 View citations (482)
    See also Working Paper (2005)
93. Liquidity and Twin Crises
    Economic Notes, 2005, 34, (3), 257-277 View citations (6)
94. Marking to Market, Liquidity, and Financial Stability
    Monetary and Economic Studies, 2005, 23, (S1), 133-155 View citations (7)
    See also Working Paper (2005)
95. Opening and Closing the Market: Evidence from the London Stock Exchange
    Journal of Financial and Quantitative Analysis, 2005, 40, (4), 779-801 View citations (32)
    See also Working Paper (2004)

2004

96. Coordination risk and the price of debt
    European Economic Review, 2004, 48, (1), 133-153 View citations (222)
    See also Working Paper (2002)
97. Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises
    Journal of International Economics, 2004, 62, (2), 245-262 View citations (39)
    See also Working Paper (2002)
98. Debt maturity structure with pre-emptive creditors
    Economics Letters, 2004, 85, (2), 195-200 View citations (4)
    See also Working Paper (2003)
99. Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders
    Review of Economic Studies, 2004, 71, (1), 87-113 View citations (145)
    See also Working Paper (2001)
100. Liquidity Black Holes
     Review of Finance, 2004, 8, (1), 1-18 View citations (127)
     Also in Review of Finance, 2004, 8, (1), 1-18 (2004) View citations (128)
     See also Working Paper (2004)
101. Liquidity and Contagion: The Crisis of 1763
     Journal of the European Economic Association, 2004, 2, (6), 929-968 View citations (78)
102. The impact of risk regulation on price dynamics
     Journal of Banking & Finance, 2004, 28, (5), 1069-1087 View citations (99)
     See also Working Paper (2004)

2003

103. Disclosures and Asset Returns
     Econometrica, 2003, 71, (1), 105-133 View citations (71)
     See also Working Paper (2002)

2002

104. Comments on "How good is the market at assessing bank fragility? A horse race between different indicators"
     Journal of Banking & Finance, 2002, 26, (5), 1029-1031 View citations (3)
105. Communication and Monetary Policy
     Oxford Review of Economic Policy, 2002, 18, (4), 495-503 View citations (113)
     See also Working Paper (2004)
106. Equilibrium Departures from Common Knowledge in Games with Non-Additive Expected Utility
     The B.E. Journal of Theoretical Economics, 2002, 2, (1), 1-30 View citations (6)
     See also Working Paper (1997)
107. Positive feedback trading in the US Treasurey market
     BIS Quarterly Review, 2002
108. Social Value of Public Information
     American Economic Review, 2002, 92, (5), 1521-1534 View citations (1014)
109. The Assessment: Games and Coordination
     Oxford Review of Economic Policy, 2002, 18, (4), 397-417 View citations (10)

1999

110. Introduction
     Review of Economic Studies, 1999, 66, (1), 1-2
111. Risk Management with Interdependent Choice
     Oxford Review of Economic Policy, 1999, 15, (3), 52-62 View citations (33)

1998

112. Adversarial and Inquisitorial Procedures in Arbitration
     RAND Journal of Economics, 1998, 29, (2), 378-405 View citations (100)
     See also Working Paper (1997)
113. International Environmental Agreements under Uncertainty
     Oxford Economic Papers, 1998, 50, (2), 173-85 View citations (42)
114. Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks
     American Economic Review, 1998, 88, (3), 587-97 View citations (794)
     See also Working Paper (1997)

1997

115. Depth of knowledge and the effect of higher order uncertainty
     Economic Theory, 1995, 6, (3), 453-467 View citations (7)
     Also in Economic Theory, 1995, 6, (3), 453-67 (1995) View citations (21)
116. Editorial Announcement
     Review of Economic Studies, 1997, 64, (4), 485
117. The rationality and efficacy of decisions under uncertainty and the value of an experiment (*)
     Economic Theory, 1997, 9, (2), 309-324 View citations (5)

1996

118. Comparing the Robustness of Trading Systems to Higher-Order Uncertainty
     Review of Economic Studies, 1996, 63, (1), 39-59 View citations (12)
119. How Much Common Belief Is Necessary for a Convention?
     Games and Economic Behavior, 1996, 13, (2), 252-268 View citations (10)

1995

120. Dominance and Belief Potential
     Econometrica, 1995, 63, (1), 145-57 View citations (41)
     See also Working Paper (2010)

1994

121. News Management and the Value of Firms
     RAND Journal of Economics, 1994, 25, (1), 58-71 View citations (71)
122. The Burden of Proof in a Game of Persuasion
     Journal of Economic Theory, 1994, 64, (1), 253-264 View citations (108)

1993

123. Logical Structure of Common Knowledge
     Journal of Economic Theory, 1993, 60, (1), 1-13 View citations (15)
124. Measuring the Incidence of Insider Trading in a Market for State-Contingent Claims
     Economic Journal, 1993, 103, (420), 1141-53 View citations (74)

1992

125. A Comment on a Model of Vertical Product Differentiation
     Journal of Industrial Economics, 1992, 40, (2), 229-31 View citations (136)
126. Prices of State Contingent Claims with Insider Traders, and the Favourite-Longshot Bias
     Economic Journal, 1992, 102, (411), 426-35 View citations (73)
     See also Chapter (2008)
127. The Dynamics of Rational Deliberation, Brian Skyrms. Cambridge, MA: Harvard University Press, 1990, 199 pages
     Economics and Philosophy, 1992, 8, (1), 176-183

1991

128. Optimal Betting Odds against Insider Traders
     Economic Journal, 1991, 101, (408), 1179-85 View citations (67)

Books

2015

1. Managing Elevated Risk
   Springer Books, Springer View citations (15)

2010

2. Risk and Liquidity
   OUP Catalogue, Oxford University Press View citations (151)
3. The Squam Lake Report: Fixing the Financial System
   Economics Books, Princeton University Press View citations (106)
   See also Journal Article in Journal of Applied Corporate Finance (2010)

Edited books

2020

1. Promoting Global Monetary and Financial Stability
   Cambridge Books, Cambridge University Press

2014

2. Global Shock, Risks, and Asian Financial Reform
   Books, Edward Elgar Publishing View citations (8)
3. Volatile Capital Flows in Korea
   Palgrave Macmillan Books, Palgrave Macmillan View citations (34)

Chapters

2021

1. Big Techs in Finance: On the New Nexus Between Data Privacy and Competition
   Springer View citations (1)
   See also Working Paper (2021)
2. Gauging Procyclicality and Financial Vulnerability in Asia through the BIS Banking and Financial Statistics
   Chapter 6 in THE ASIAN MONETARY POLICY FORUM Insights for Central Banking, 2021, pp 224-262
   See also Working Paper (2018)

2020

3. Original sin redux and policy responses in emerging market economies during the COVID-19 pandemic
   Chapter 1 in COVID-19 in Developing Economies, 2020, vol. 1, pp 353-361 View citations (6)

2017

4. Breaking free of the triple coincidence in international finance
   A chapter in Statistical implications of the new financial landscape, 2017, vol. 43
   See also Working Paper (2015)
   Journal Article in Economic Policy (2016)

2016

5. Macroprudential policies: indicators and tools
   Chapter 2 in Macroprudential Regulation of International Finance, 2016, pp 11-38
6. Risk Premium Shifts and Monetary Policy: A Coordination Approach
   Chapter 05 in Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World, 2016, vol. 24, pp 131-150 View citations (15)
   See also Working Paper (2015)

2015

7. Breaking the triple coincidence in international finance
   A chapter in Indicators to support monetary and financial stability analysis: data sources and statistical methodologies, 2015, vol. 39 View citations (26)
8. Effectiveness of macroprudential and capital flow measures in Asia and the Pacific
   A chapter in Cross-border Financial Linkages: Challenges for Monetary Policy and Financial Stability, 2015, vol. 82, pp 185-192 View citations (7)

2014

9. Adapting Macroprudential Policies to Global Liquidity Conditions
   Chapter 2 in Capital Mobility and Monetary Policy, 2014, vol. 18, pp 25-67 View citations (2)
   See also Working Paper (2012)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (2012)
10. Mitigating Systemic Spillovers from Currency Hedging
    Palgrave Macmillan
    See also Journal Article in National Institute Economic Review (2012)
    Working Paper (2012)
11. Monetary aggregates and global liquidity: evidence from individual firm data from Asia
    Chapter 4 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 102-149
12. Monetary aggregates and procyclicality of the financial system: an Asian perspective
    Chapter 2 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 22-73 View citations (1)
13. Non-core bank liabilities and vulnerability to crisis: implications for Asia
    Chapter 3 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 74-101
14. Overview and summary
    Chapter 1 in Global Shock, Risks, and Asian Financial Reform, 2014, pp 3-12
15. The Second Phase of Global Liquidity and Its Impact on Emerging Economies
    Palgrave Macmillan View citations (31)
    See also Journal Article in Proceedings (2013)
16. Why Macroprudential Policy? Brief Overview
    Palgrave Macmillan

2012

17. Endogenous and Systemic Risk
    A chapter in Quantifying Systemic Risk, 2012, pp 73-94 View citations (21)
18. Global Liquidity
    Chapter 10 in In the Wake of the Crisis: Leading Economists Reassess Economic Policy, 2012, vol. 1, pp 91-100
19. Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007 to 2009
    A chapter in NBER Macroeconomics Annual 2012, Volume 27, 2012, pp 159-214 View citations (97)
    See also Journal Article in NBER Macroeconomics Annual (2013)

2011

20. Comment on "Risk Topography"
    A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 184-189
21. Macroprudential policies beyond Basel III
    A chapter in Macroprudential regulation and policy, 2011, vol. 60, pp 5-15 View citations (31)

2010

22. Comment on "The Leverage Cycle"
    A chapter in NBER Macroeconomics Annual 2009, Volume 24, 2010, pp 75-84
23. Financial Intermediaries and Monetary Economics
    Chapter 12 in Handbook of Monetary Economics, 2010, vol. 3, pp 601-650 View citations (352)
    See also Working Paper (2009)
24. Introduction
    A chapter in The Squam Lake Report: Fixing the Financial System, 2010

2009

25. The Broad Yen Carry Trade
    Chapter 11 in Globalization And Systemic Risk, 2009, pp 169-189
    See also Working Paper (2007)

2008

26. Coordinating Expectations in Monetary Policy
    Chapter 5 in Central Banks as Economic Institutions, 2008 View citations (3)
    See also Working Paper (2007)
27. PRICES OF STATE CONTINGENT CLAIMS WITH INSIDER TRADERS, AND THE FAVOURITE-LONGSHOT BIAS
    Chapter 34 in Efficiency Of Racetrack Betting Markets, 2008, pp 343-352
    See also Journal Article in Economic Journal (1992)

2005

28. Financial System Liquidity, Asset prices and Monetary Policy
    A chapter in The Changing Nature of the Business Cycle, 2005 View citations (4)

2002

29. Positive feedback trading under stress: evidence from the US Treasury securities market
    A chapter in Market functioning and central bank policy, 2002, vol. 12, pp 148-180 View citations (10)
    See also Working Paper (2003)

2001

30. Rethinking Multiple Equilibria in Macroeconomic Modeling
    A chapter in NBER Macroeconomics Annual 2000, Volume 15, 2001, pp 139-182 View citations (62)
    See also Working Paper (2000)