Vladyslav Sushko

Vladyslav Sushko joined the BIS in October 2011 following the completion of his PhD in International Economics at University of California Santa Cruz. His dissertation research primarily focused on the relationship between carry trade, financial capital flows and volatility in foreign exchange markets. During the course of his graduate studies he developed forecast models for a major credit card company, conducted research for the World Bank and has held visiting positions at the University of Tokyo and Institute of Innovation Research at Hitotsubashi University.

Fields of interest

• Financial Markets
• International Capital Flows

Selected Publications

• "Financial sector ups and downs and the real sector in the open economy: Up by the stairs, down by the parachute", (with Joshua Aizenman and Brian Pinto), Emerging Markets Review, forthcoming
• "Impact of Macroeconomic Surprises on Carry Trade Activity" (with Michael Hutchison) , Journal of Banking & Finance, Vol. 37(4), pp. 1133-1147, 2013
• "From the Great Moderation to the Global Crisis: Exchange Market Pressure in the 2000s" (with Joshua Aizenman and Jaewoo Lee), Open Economies Review, Vol. 23(4), pp. 597-621, 2012
• "Investment and Growth in Rich and Poor Countries" (with Michael Dooley and Ying-Wong Cheung), NBER Working Paper No. 17788, 2012
• "Jumps in Foreign Exchange Rates and Stochastic Unwinding of Carry Trades" (with Makoto Nirei), International Review of Economics & Finance, Vol. 20(1), pp 110-127, 2011