Egemen Eren

Senior Economist
Monetary and Economic Department, Monetary Policy
egemen.eren@bis.org

Egemen Eren joined the BIS in August 2016. He holds a PhD in economics from Stanford University, and a MRes in economics from Universitat Pompeu Fabra.

Fields of interest
  • Financial markets
  • Monetary policy
  • International finance

All BIS publications (19)

BIS Paper No 129 8 Dec 2022
The role of non-bank financial institutions in cross-border spillovers
The growing presence of non-bank financial institutions (NBFIs) helps to develop financial markets, yet it can also impact a…
By
Egemen Eren
and
Philip Wooldridge
BIS Paper No 119 17 Nov 2021
Non-bank financial institutions and the functioning of government bond markets
The structure of market making in government bond markets has shifted from a bank-centric model to a hybrid one in which non…
By
Egemen Eren
and
Philip Wooldridge
Publication 1 Mar 2021
Dollar funding of non-US banks through Covid-19
Non-US banks' on-balance sheet dollar liabilities rose in 2020 despite the decline in funding from US and offshore money market…
By
Iñaki Aldasoro
,
Egemen Eren
and
Wenqian Huang
BIS Bulletin No 15 12 May 2020
US dollar funding markets during the Covid-19 crisis - the international dimension
Dislocations in domestic US dollar money markets reverberated globally. Non-US banks lost a substantial part of funding from…
By
Egemen Eren
,
Andreas Schrimpf
and
Vladyslav Sushko
BIS Bulletin No 14 12 May 2020
US dollar funding markets during the Covid-19 crisis - the money market fund turmoil
Short-term dollar funding markets experienced severe dislocations in mid-March 2020, with funding diverted from unsecured…
By
Egemen Eren
,
Andreas Schrimpf
and
Vladyslav Sushko
BIS Bulletin No 1 1 Apr 2020
Dollar funding costs during the Covid-19 crisis through the lens of the FX swap market
Since the start of the Covid-19 pandemic, indicators of dollar funding costs in foreign exchange markets have risen sharply,…
By
Stefan Avdjiev
,
Egemen Eren
and
Patrick McGuire
BIS Working Paper No 810 4 Sep 2019
Spillovers of funding dry ups
We uncover a new channel for spillovers of funding dry-ups. The 2016 US money market fund (MMF) reform exogenously reduced…
By
Iñaki Aldasoro
,
Florian Balke
,
Andreas Barth
and
Egemen Eren
BIS Working Paper No 783 17 May 2019
Dominant currency debt
We propose a "debt view" to explain the dominant international role of the dollar. We develop an international general…
By
Egemen Eren
and
Semyon Malamud
BIS Working Paper No 708 22 Mar 2018
Global Banks, Dollar Funding, and Regulation
Since the eurozone crisis, there has been a stark separation between European banks and Japanese banks in their dollar uses and…
By
Iñaki Aldasoro
,
Torsten Ehlers
and
Egemen Eren

All external publications (7)

External publication 13 Nov 2025
How Do Quantitative Easing and Tightening Affect Firms?
By
Egemen Eren
,
Denis Gorea
and
Daojing Zhai
External publication 1 Jan 2025
Signaling with debt currency choice
By
Egemen Eren
,
Semyon Malamud
and
Haonan Zhou
External publication 10 Jan 2024
Money market funds and the convenience yield of safe assets
By
Egemen Eren
,
Semyon Malamud
and
Sebastian Doerr
External publication 30 Jan 2023
Money market funds and the pricing of near-money assets
By
Egemen Eren
,
Semyon Malamud
and
Sebastian Doerr
External publication 12 Jul 2022
Global banks, dollar funding, and regulation
By
Torsten Ehlers
,
Egemen Eren
and
Iñaki Aldasoro
External publication 4 Jul 2022
Spillovers of funding dry-ups
By
Egemen Eren
,
Iñaki Aldasoro
,
Andreas Barth
and
Florian Balke
External publication 1 May 2022
Dominant currency debt
By
Egemen Eren
and
Semyon Malamud

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