Dora Xia
Economist
Monetary and Economic Department, Financial Markets
Dora.Xia@bis.org
Dora Xia joined the BIS in 2016 after working two years for Merrill Lynch Global Rates and Currencies Research as a strategist. Her work mainly focuses on the yield curve of interest rates. Her papers on shadow interest rates have been widely referenced and discussed by policymakers, academia and practitioners, and have become a benchmark for measuring the monetary policy stance during the zero lower bound. She also works on topics related to monetary policy spillovers and the central bank communications. Dora holds an MSc in physics and a PhD in economics from the University of California, San Diego.
Fields of interest
- Financial markets
- Monetary policy
- Econometrics
- " Forecasting recessions: the importance of the financial cycle" (with C Borio and M Drehmann), Journal of Macroeconomics, December 2020.
- " Negative interest rate policy and the yield curve" (with J C Wu), Journal of Applied Econometrics, April 2020.
- " Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound" (with Jing Cynthia Wu), Journal of Money, Credit and Banking, vol 48, no 2–3, March 2016, pp 253–291.