Published research from the BIS Representative Office for the Americas

Research articles, publications and presentations by BIS staff members of the Representative Office for the Americas:

2012

Jun 2012

Activities of the Representative Office for the Americas

Annual Report by the Chief Representative for the Americas on the occasion of the BIS Annual General Meeting, June 2012


Feb 2012

Inflation Dynamics in the Presence of Informal Labour Markets

Working Papers No 372

By Carlos Montoro and Paul Castillo

Feb 2012

Credit at times of stress: Latin American lessons from the global financial crisis

Working Papers No 370

By Carlos Montoro and Liliana Rojas-Suarez

 

2011

Nov 2011

Cooperación internacional y reforma de sistemas de pagos en América Latina y el Caribe

Presentation by Gregor Heinrich at the Payments Week, Asunción, Paraguay, 29 November 2011


Oct 2011

Commodity prices: microeconomic drivers and emerging risks for Latin America

Papers and Proceedings of the 2011 International Conference "Retos de política macroeconómica en las economías emergentes y en desarrollo", Fondo Latinoamericano de Reservas, October 2011


Sep 2011

The development of a regional payment system in Central America: A step towards further integration and economic development

Paper by Gregor Heinrich and Enrique García Dubon, Journal of Payments Strategy and Systems, Vol 5, No 3, September 2011


Jun 2011

Activities of the Representative Office for the Americas

Annual Report of the Americas Office on the occasion of the BIS Annual General Meeting, June 2011


May 2011

Basilea III y la relevancia para la banca de desarrollo en América Latina

Paper by Gregor Heinrich presented at the Annual Meeting of ALIDE, Asunción Paraguay, 19-20 May 2011.


Mar 2011

Some thoughts on the development of retail payment systems

Opening remarks by Gregor Heinrich at the CEMLA-BIS "Workshop on retail payment systems", hosted by the Central Bank of Trinidad and Tobago, Port of Spain, 8-10 February 2011.


Mar 2011

The use of reserve requirements as a policy instrument in Latin America

BIS Quarterly Review March 2011


 

2010

Sep 2010

Estimación de la Q de Tobin para la economía peruana

Revista Estudios Economicos 19, Banco Central de Reserva del Peru, Sep 2010, pp 33-45
by Carlos Montoro and Alberto Navarro


Jul 2010

El fortalecimiento institucional de los bancos centrales

Boletín (CEMLA), Vol LVI, Número 1, enero-marzo de 2010, pp 18-27
by Gregor Heinrich


Jul 2010

Monetary Policy in the presence of Informal Labour Markets

Central Reserve Bank of Peru Working Paper, DT. N° 2010-009
by Paul Castillo and Carlos Montoro


Jun 2010

Activities of the Representative Office for the Americas

Annual Report for the Americas on the occasion of the BIS Annual General Meeting 2010


Jun 2010

Trends and policy trade-offs of capital flows in Latin America and the Caribbean: 2003-2008

Journal of Business, Finance and Economics in Emerging Economies, Volume 5, Number 1 (pp 25-78)
by Alejandro Jara and Camilo E Tovar


Jun 2010

Currency collapses and output dynamics: a long-run perspective

BIS Quarterly Review June 2010 (pp 41-48)
by Camilo E Tovar


May 2010

El Papel de los Bancos Centrales en la Supervisión Macroprudencial

Powerpoint presentation by Gregor Heinrich, Chief Representative, at CEMLA Governors Meeting, Buenos Aires, 13-14 May.


Apr 2010

Oil shocks and optimal monetary policy

BIS Working Papers No 307
by Carlos Montoro


Mar 2010

Perspectives on inflation targeting, financial stability and the global crisis

Paper from BIS Papers No 51, selected presentations from the BIS-sponsored sessions at two Latin American and Caribbean Economic Association (LACEA) annual meetings: November 2008, in Rio de Janeiro, and October 2009, in Buenos Aires.
by Camilo E Tovar

 

2009

Nov 2009

El papel del BIS en la Crisis Financiera Internacional

presentation at Conferencias Internacionales Clausuran el 75 aniversario del Banco Central de Reserva, El Salvador, 19 November 2009
by Gregor C Heinrich


Jul 2009

Repercusiones de la crisis financiera para el BIS

presentation at Tercera Jornada Monetaria, Banco Central de Bolivia, "Respuesta de la Banca Central en un contexto de la crisis", 23 July 2009
by Gregor C Heinrich


Jul 2009

The global crisis and Latin America: financial impact and policy responses

BIS Quarterly Review June 2009 (pp 53-68)
by Alejandro Jara, Ramon Moreno and Camilo E Tovar

Spanish translation


May 2009

DSGE Models and Central Banks

Economics: The Open-Access, Open-Assessment E-Journal, Vol. 3, 2009-16
by Camilo E Tovar


Mar 2009

An important relationship - Deposit insurance and payment systems are inter-related

Article in "Speed" magazine, Vol 3, No 3, March 2009.
by Gregor C Heinrich

 

2007-2008

Dec 2008

Payment systems and related recommendations: of relevance to deposit insurance?

Background paper to presentation made at the IADI/CRAL conference/seminar, "The profile of deposit insurance in the Latin American region", Arlington, Virginia, USA, 28 October 2008.
Spanish translation

Documento de fondo para la presentación expuesta en la conferencia/seminario IADI/CRAL sobre "El perfil del seguro de depósitos en la región latinoamericana" celebrada en Arlington, Virginia (EEUU) el 28 de octubre de 2008.


Nov 2008

Monetary and financial stability implications of capital flows in Latin America and the Caribbean

BIS Papers No 43, proceedings from a meeting for senior central bankers hosted by the BIS in collaboration with the Central Bank of Uruguay on 13-14 March 2008, in Punta del Este, Uruguay
by Alejandro Jara and Camilo E Tovar


Sep 2008

Central Banking in a Regional Economic Setting: Possible Contributions to Integration

Speech delivered by Mr Gregor C Heinrich, Chief Representative, Bank for International Settlements at the Central Bank of Barbados' 35th Anniversary Lecture/Panel Discussion


Sep 2008

New Financing Trends in Latin America: an Overview of Selected Issues and Policy Challenges

Economic Review, Vol. 93 No. 3
Federal Reserve Bank of Atlanta
by Camilo E Tovar co-authored with Myriam Quispe-Agnoli (FRB Atlanta)


Sep 2008

DSGE models and central banks

BIS Working Papers No. 258
by Camilo E Tovar


Apr 2008

External and domestic financing in Latin America: developments, sustainability and financial stability implicationslink to an external website

By Camilo E Tovar, co-authored with José A. Ocampo (Columbia University) Prepared for the United Nations workshop "Debt finance and emerging issues in finacial integration", New York April 8-9, 2008.


Feb 2008

New financing trends in Latin America: a bumpy road towards stability

BIS Papers No 36, conference proceedings from a meeting hosted by the BIS and the Federal Reserve Bank (FRB) of Atlanta, Mexico City, May 2007.


Sep 2007

Securitisation in Latin America

BIS Quarterly Review, September 2007 (pp. 71-82)
by Michela Scatigna and Camilo E Tovar


Sep 2007

El seguro de depósito dentro de la red de seguridad financiera link to an external website

by Gregor C Heinrich


Jun 2007

The search for liquidity in the Brazilian domestic government bond market PDF document

BIS Quarterly Review, June 2007 (pp. 69-82)
by André Amante, Márcio Araujo and Serge Jeanneau


Feb 2007

Riesgo operacional, pagos, sistemas de pago y aplicación de Basilea II en América Latina: evolución más reciente PDF document

by Gregor C Heinrich
Article in CEMLA Bulletin, Vol LII, no 4 (Oct-Dec 2006), pp 191-204.


Feb 2007

Evolving banking systems in Latin America and the Caribbean: challenges and implications for monetary policy and financial stability PDF document

BIS Papers No 33, conference proceedings from a meeting for senior central bankers hosted by the BIS in collaboration with the Bank of Jamaica on 26-27 January 2006, in Kingston, Jamaica.


Jan 2007

Determinación de estándares internacionales. Hacia la certidumbre jurídica y la estabilidad financiera PDF document

by Gregor C Heinrich
In: Panaroma Internacional de Derecho Mercantil. Culturas y Sistemas Jurídicos Comparados (Vol 1, November 2006)  link to an external website

 

2004-2006

Oct 2006

Analysis of devaluations and output dynamics in Latin America using an estimated DSGE model link to an external website

by Camilo E Tovar
Paper presented at the 2006 Central Bank Workshop on Macroeconomic Modelling, Santiago, Chile, 28-29 September 2006.


Sep 2006

Devaluations, output and the balance sheet effect: a structural econometric analysis PDF document

BIS Working Papers No. 215
by Camilo E Tovar


Jul 2006

Operational risk, payments, payment systems and implementation of Basel II in Latin America: recent developments PDF document

by Gregor C Heinrich
Based on a presentation given at the ELUS (regional SWIFT users conference), Santiago de Chile, 4 July 2006.


Jun 2006

Domestic bond markets in Latin America: achievements and challenges PDF document

BIS Quarterly Review, June 2006 (pp. 51-64)
by Serge Jeanneau and Camilo E Tovar
Versión en español PDF document


May 2006

Acceso a medios de pagos : recomendaciones del CPSS PDF document

by Gregor C Heinrich
Based on a presentation at XII Asamblea anual del grupo regional para América Latina y el Caribe del Instituto Mundial de Cajas de Ahorro: "Cambios estructurales para ampliar el acceso a los servicios financieros", Mexico City, 12 May 2006.


Feb 2006

International initiatives towards harmonisation in the field of funds transfers, payments, payment systems, and securities settlement: an annotated bibliography link to an external website

by Gregor C Heinrich
Updated version, February 2006


Jan 2006

En cuanto a la composición por monedas de sus carteras link to an external website

by Angus Butler
Published in Moneda, Banco Central de Reserva del Perú, 2005, No.131, p. 26-28


Dec 2005

Reducing financial vulnerability: the development of the domestic government bond market in Mexico

BIS Quarterly Review, December 2005 (pp. 95-107)
by Serge Jeanneau, coauthored with Carlos Pérez Verdia (Banco de México)
Versión en Español PDF document


Dec 2005

International government debt denominated in local currency: recent developments in Latin America

BIS Quarterly Review, December 2005 (pp. 109-118)
by Camilo E Tovar
Versión en Español PDF document


Dec 2005

The mechanics of devaluations and the output response in a DSGE model: how relevant is the balance sheet effect?

BIS Working Papers No. 192
by Camilo E Tovar


Oct 2005

Recomendaciones del Comité de Basilea sobre el gobierno corporativo de bancos  link to an external website

by Gregor C Heinrich
Panel presentation at "Seminario Regional- CEF  link to an external website - Gobierno Corporativo, Responsabilidad Social y Transparencia" at Bolsa de Comercio de Buenos Aires, 17 October 2005.


Aug 2005

Devaluations, output and the balance sheet effect: a structural econometric analysis link to an external website

by Camilo E Tovar
Paper presented at Econometric Society World Congress 2005, London.


Apr 2005

Basilea II - Fundamentos, discreción nacional, y la ruta crítica para su implementación"

by  Gregor C Heinrich
Inaugural presentation at Congreso Bancario de Centroamérica, Panamá y República Dominicana link to an external website, El Salvador, 13-15 April 2005.


Mar 2005

El seguro de depósitos como parte de la red de estabilidad financiera PDF document   link to an external website

by Gregor C Heinrich
Presentation at the Foro de Seguro de Depósitos - una Perspectiva Internacional, Mexico City, 7 March 2005


Nov 2004

Los retos del nuevo acuerdo de capital para los países en desarrollo y la función del BIS  link to an external website

by Gregor C Heinrich
Published in Revista de Temas Financieros / Journal of financial issues (Peru), Vol 1, No 1, 2004, p.111-125


Aug 2004

"El seguro de depósitos y la estabilidad financiera" (Deposit insurance and financial stability)

(Deposit insurance and financial stability)
by Gregor C Heinrich
Remarks at the international seminar on "El seguro de depósitos en Latinoamérica, retos y perspectivas", organised by the Latin American Regional Committee (LARC/CRAL) of the International Association of Deposit Insurers (IADI), Acapulco, Mexico, 26-27 August 2004.
A Portguese translation of this presentation, "Seguro de depósito e estabilidad e financeira", is available on the website of the FGC link to an external website

 

2002-2003

Dec 2003

Colombia's experience with reserve requirements on capital inflows link to an external website

by Camilo E Tovar, co-authored with José A. Ocampo (United Nations)
CEPAL Review No. 81. (Versión en español link to an external website)


Oct 2003

CPSS Core Principles for Payment Systems

by Gregor C Heinrich
Published in Current Developments in Monetary and Financial Law, Vol. 2, Washington, D.C. : IMF, 2003, p.691-722


Mar 2003

Volatility and derivatives turnover: a tenuous relationship PDF document

BIS Quarterly Review, March 2003 (pp. 57-66)
by Serge Jeanneau, coauthored with Marian Micu


Jun 2002

Determinants of international bank lending to emerging market countries PDF document

BIS Working papers No. 112
by Serge Jeanneau, co-authored with Marian Micu


Mar 2002

International bank lending to emerging market countries: explaining the 1990s roller coaster PDF document

BIS Quarterly Review, March 2002 (pp. 52-64)
by Serge Jeanneau, coauthored with Marian Micu