Hyun Song Shin
Economic Adviser and Head of Research
Monetary and Economic Department
Hyun Song Shin took up the position of Economic Adviser and Head of Research at the BIS on 1 May 2014. Before joining the BIS, Mr Shin was the Hughes-Rogers Professor of Economics at Princeton University. In 2010, on leave from Princeton, he served as Senior Adviser to the Korean president, taking a leading role in formulating financial stability policy in Korea and developing the agenda for the G20 during Korea's presidency. From 2000 to 2005, he was Professor of Finance at the London School of Economics. He holds a DPhil and MPhil in Economics from Oxford University (Nuffield College) and a BA in Philosophy, Politics and Economics from the same university.
Fields of interest
- Macroeconomics
- Finance
- International economics
Selected Publications
- "Procyclical Leverage and Value-at-Risk" (with Tobias Adrian) Review of Financial Studies, 27 (2), 373-403, 2014
- "Assessing Macroprudential Policies: Case of South Korea" (with Valentina Bruno) Scandinavian Journal of Economics, 116 (1), 128-157, 2014
- "Non-Core Bank Liabilities and Financial Vulnerability" (with Joon-Ho Hahm and Kwanho Shin) Journal of Money, Credit and Banking, 45(S1), 3-36, August 2013
- "Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9" (with Tobias Adrian and Paolo Colla) NBER Macroeconomics Annual, Volume 27, Daron Acemoglu, Jonathan Parker, and Michael Woodford, editors, 159 - 214, 2013
- "Global Banking Glut and Loan Risk Premium", Mundell-Fleming Lecture, IMF Economic Review, 60: 155-192, July 2012
- Further research by Mr Shin