BIS Working Papers

From Bank for International Settlements
Contact information at EDIRC.
Bibliographic data for series maintained by Martin Fessler ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

990: Informational switching costs, bank competition, and the cost of finance

Jose Ornelas, Marcos Soares da Silva and Bernardus Van Doornik

989: Central bank digital currencies (CBDCs) in Latin America and the Caribbean

Viviana Alfonso C, Steven Kamin and Fabrizio Zampolli

988: The premia on state-contingent sovereign debt instruments

Deniz Igan, Taehoon Kim and Antoine Levy

987: Zombies on the brink: Evidence from Japan on the reversal of monetary policy effectiveness

Gee Hee Hong, Deniz Igan and Do Lee

986: Platform-based business models and financial inclusion

Karen Croxson, Jon Frost, Leonardo Gambacorta and Tommaso Valletti

985: Building benchmarks portfolios with decreasing carbon footprints

Eric Jondeau, Benoit Mojon and Luiz Awazu Pereira da Silva

984: Credit constrained firms and government subsidies: evidence from a European Union program

Eszter Balogh, Adám Banai, Tirupam Goel, Péter Lang, Martin Stancsics, Elod Takats and Almos Telegdy

983: Losing traction? The real effects of monetary policy when interest rates are low

Rashad Ahmed, Claudio Borio, Piti Disyatat and Boris Hofmann

982: Navigating by r*: safe or hazardous?

Claudio Borio

981: Back to the future: intellectual challenges for monetary policy

Claudio Borio

980: What does machine learning say about the drivers of inflation?

Emanuel Kohlscheen

979: Dampening the financial accelerator? Direct lenders and monetary policy

Ryan Banerjee and Jose Maria Serena Garralda

978: Financial crises and political radicalization: How failing banks paved Hitler's path to power

Sebastian Doerr, Stefan Gissler, Jose-Luis Peydro and Hans-Joachim Voth

977: Does gender diversity in the workplace mitigate climate change?

Yener Altunbas, Leonardo Gambacorta, Alessio Reghezza and Giulio Velliscig

976: Central bank digital currencies: motives, economic implications and the research frontier

Raphael Auer, Jon Frost, Leonardo Gambacorta, Cyril Monnet, Tara Rice and Hyun Song Shin

975: ETFs, illiquid assets, and fire sales

John J Shim and Karamfil Todorov

974: The natural rate of interest through a hall of mirrors

Phurichai Rungcharoenkitkul and Fabian Winkler

973: What does digital money mean for emerging market and developing economies?

Erik Feyen, Jon Frost, Harish Natarajan and Tara Rice

972: Non-bank financial intermediaries and financial stability

Sirio Aramonte, Andreas Schrimpf and Hyun Song Shin

971: Do term premiums matter? Transmission via exchange rate dynamics

Mitsuru Katagiri and Koji Takahashi

970: Big techs in finance: on the new nexus between data privacy and competition

Frédéric Boissay, Torsten Ehlers, Leonardo Gambacorta and Hyun Song Shin

969: Inter-agency coordination bodies and the speed of prudential policy responses to the Covid-19 pandemic

Michael Brei and Blaise Gadanecz

968: Indebted Demand

Atif Mian, Ludwig Straub and Sufi Amir

967: Joined at the hip: monetary and fiscal policy in a liquidity-dependent world

Guillermo Calvo and Andrés Velasco

966: The Treasury market in spring 2020 and the response of the Federal Reserve

Annette Vissing-Jorgensen

965: Technological capacity and firms' recovery from Covid-19

Sebastian Doerr, Magdalena Erdem, Guido Franco, Leonardo Gambacorta and Anamaria Illes

964: Macroeconomic policy under a managed float: a simple integrated framework

Pierre-Richard Agénor and Luiz Awazu Pereira da Silva

963: The Fed takes on corporate credit risk: an analysis of the efficacy of the SMCCF

Simon Gilchrist, Bin Wei, Vivian Yue and Egon Zakrajšek

962: Global lending conditions and international coordination of financial regulation policies

Enisse Kharroubi

961: Private equity buyouts and firm exports: evidence from UK firms

Paul Lavery, Jose Maria Serena Garralda and Marina-Eliza Spaliara

960: Is window dressing by banks systemically important?

Luis Garcia, Ulf Lewrick and Taja Sečnik

959: Macroeconomic effects of Covid-19: a mid-term review

Phurichai Rungcharoenkitkul

958: Sharing asymmetric tail risk smoothing, asset pricing and terms of trade

Giancarlo Corsetti, Anna Lipinska and Giovanni Lombardo

957: Ripple effects of monetary policy

Frédéric Boissay, Emilia Garcia-Appendini and Steven Ongena

956: Are households indifferent to monetary policy announcements?

Fiorella De Fiore, Marco Lombardi and Johannes Schuffels

955: Quantifying the high-frequency trading "arms race"

Matteo Aquilina, Eric Budish and Peter O'Neill

954: Fiscal and monetary policy interactions in a low interest rate world

Boris Hofmann, Marco Lombardi, Benoit Mojon and Athanasios Orphanides

953: Limits of stress-test based bank regulation

Tirupam Goel and Isha Agarwal

952: Passive funds affect prices: evidence from the most ETF-dominated asset classes

Karamfil Todorov

951: Distrust or speculation? the socioeconomic drivers of U.S. cryptocurrency investments

Raphael Auer and David Tercero-Lucas

950: Fiscal regimes and the exchange rate

Enrique Alberola, Carlos Cantu Garcia, Paolo Cavallino and Nikola Mirkov

949: The natural interest rate in China

Daniel Rees and Guofeng Sun

948: Central bank digital currency: the quest for minimally invasive technology

Raphael Auer and Rainer Boehme

947: Money, technology and banking: what lessons can China teach the rest of the world?

Michael Chui

946: The pricing of carbon risk in syndicated loans: which risks are priced and why?

Torsten Ehlers, Frank Packer and Kathrin de Greiff

945: US monetary policy and the financial channel of the exchange rate: evidence from India

Shesadri Banerjee and Madhusudan Mohanty

944: Income inequality, financial intermediation, and small firms

Sebastian Doerr, Thomas Drechsel and Donggyu Lee

943: Income inequality and the depth of economic downturns

Emanuel Kohlscheen, Marco Lombardi and Egon Zakrajšek

942: FX policy when financial markets are imperfect

Matteo Maggiori

941: The digitalization of money

Markus Brunnermeier, Harold James and Jean-Pierre Landau