Hyun Song Shin

and

Jose María Vidal Pastor

Publication 16 Mar 2026

BISTRO: a general purpose oracle for macroeconomic time series

Batuhan Koyuncu

Byeungchun Kwon

Marco Jacopo Lombardi

and

BIS Working Paper No 1337 16 Mar 2026

Introducing BISTRO: a foundational model for unconditional and conditional forecasting of macroeconomic time series

This article introduces the BIS Time-series Regression Oracle (BISTRO), a general purpose time series model for macroeconomic…

Batuhan Koyuncu

Byeungchun Kwon

Marco Jacopo Lombardi

and

BIS Working Paper No 1335 10 Mar 2026

Tokenomics and blockchain fragmentation

Money is a coordination device underpinned by strong network effects: the more others accept a form of money, the more I wish…

BIS Bulletin No 118 3 Dec 2025

International footprint of global firms: residence and nationality perspectives on maritime shipments

Nationality-based measurement that consolidates firms according to the nationality of the ultimate parent firm provides new…

Han Qiu

BIS Working Paper No 1301 11 Nov 2025

and

Leanne Si Ying Zhang

Competing digital monies

We compare three competing digital payment instruments: bank deposits, digital platform tokens and central bank digital…

Jon Frost

Jean-Charles Rochet

BIS Working Paper No 1299 16 Oct 2025

and

Marianne Verdier

Mapping the space of central bankers' ideas

This paper explores the landscape of economic ideas as revealed in the machine learning embedding of a comprehensive dataset of…

Taejin Park

and

BIS Bulletin No 111 13 Aug 2025

An approach to anti-money laundering compliance for cryptoassets

Existing anti-money laundering (AML) approaches relying on trusted intermediaries have limited effectiveness with decentralised…

Iñaki Aldasoro

Jon Frost

Sang Hyuk Lim

and

BIS Working Paper No 1273 20 Jun 2025

Global portfolio investments and FX derivatives

We show that outstanding volumes in FX swaps serve as a good indicator for the hedging activity associated with portfolio…

Tsvetelina Nenova

Andreas Schrimpf

and

External publication 1 Jan 2022

All external publications (128)

Dividends and bank capital in the global financial crisis of 2007-2009

Viral V Acharya

External publication 15 Dec 2021

Irvind Gujral

and

Nirupama Kulkarni

Offshore EME bond issuance and the transmission channels of global liquidity

External publication 1 Sep 2021

and

Soyoung Kim

Big techs in finance: on the new nexus between data privacy and competition

External publication 15 Mar 2021

Leonardo Gambacorta

Torsten Ehlers

and

Frederic Boissay

From financial innovation to inclusion

External publication 1 Mar 2021

Leonardo Gambacorta

and

Jon Frost

International credit to emerging market economies during the Covid-19 crisis

External publication 1 Dec 2020

Stefan Avdjiev

and

Bat-el Berger

Bond risk premia and the exchange rate

Ilhyock Shim

Boris Hofmann

and

External publication 1 Nov 2020

Central banks in a shifting world

External publication 1 Jun 2020

Original sin redux and policy responses in EMEs during the Covid-19 pandemic

Ilhyock Shim

Boris Hofmann

and

External publication 1 May 2020

The dollar, bank leverage and real economic activity: an evolving relationship

Presentation slides by Mr Hyun Song Shin, Economic Adviser and Head of the Monetary and Economic Department of the BIS, at the…

Dubravko Mihaljek

Marco Jacopo Lombardi

Catherine Casanova

Burcu Erik

and

Wenxin Du

Structural changes in the global financial system and the transmission of financial conditions

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research, on the occasion of the Bank's Annual General Meeting, Basel…

Speech 30 Jun 2024

Artificial Intelligence and the economy: implications for central banks

Presentation slides from a speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the OCC Symposium…

Speech 9 Feb 2024

Tokenisation for the real world

Interview with Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on risks to the global economy, bonds and…

Speech 31 Aug 2023

New financial stability risks

Permissioned distributed ledgers and the governance of money

All videos (103)

01:14:10

Video 26 Mar 2021

Permissioned distributed ledgers and the governance of money

Payments in a post-Covid world

00:48:56

Video 25 Mar 2021

Payments in a post-Covid world

Around the world, the pandemic has accelerated the shift to digital payments. In this session, we will hear from world leading…

BIS Quarterly Review, March 2021 - media briefing

Dilip Asbe

Diana Avila

Piyush Gupta

and

Reuben Lai

00:33:55

Video 1 Mar 2021

BIS Quarterly Review, March 2021 - media briefing

Borio and Shin brief the media on the key takeaways of the BIS March 2021 Quarterly Report.

and

BIS Quarterly Review, December 2020 - media briefing

12:26:53

Video 7 Dec 2020

BIS Quarterly Review, December 2020 - media briefing

Borio and Shin brief the media on the key takeaways of the BIS December 2020 Quarterly Report.

and

01:56:18

Overcoming original sin

Video 17 Sep 2020

Overcoming original sin

Shin looks at the Covid-19 pandemic's effects on the global economy and how emerging market sovereign borrowers have managed to…

BIS Quarterly Review, September 2020 - media briefing

00:33:47

Video 14 Sep 2020

BIS Quarterly Review, September 2020 - media briefing

Borio and Shin brief the media on the key takeaways of the BIS September 2020 Quarterly Report.

and

Dominant currencies and the limits of exchange rate flexibility

01:18:06

Video 20 Jul 2020

Dominant currencies and the limits of exchange rate flexibility

In a virtual panel organised by the International Monetary Fund, Hyun Song Shin explains why the growing footprint of global…

Central banks and the new world of payments

and

Gita Gopinath

00:15:16

Video 30 Jun 2020

Central banks and the new world of payments

Shin explains how the central bank can play the pivotal role as the operator of the underlying infrastructure, catalyst for…

Media briefing on the Annual Economic Report 2020 and Annual Report 2019/20

00:49:18

Video 29 Jun 2020

Media briefing on the Annual Economic Report 2020 and Annual Report 2019/20

Carstens, Pereira, Borio and Shin brief the media on the main messages of the BIS's Annual Economic Report and Annual Report…

and

Agustín Carstens

All podcasts (40)

00:32:14

Frank Smets, Hyun Song Shin and Gaston Gelos with BISness podcast branding

Podcast 16 Mar 2026

Media briefing on the BIS Quarterly Review, March 2026

Hyun Song Shin summarises the March 2026 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers journalists…

Frank Smets

and

Gaston Gelos

0:00 0:00

00:24:14

Huyn Song Shin, Goetz von Peter and Andreas Schrimpf with BISness podcast branding

Podcast 8 Dec 2025

Shifting currents in FX and interest rate derivatives

Listen to the BISness podcast of Hyun Song Shin, Andreas Schrimpf and Goetz von Peter discussing the analysis of the BIS…

Goetz von Peter

and

Andreas Schrimpf

0:00 0:00

00:24:14

Podcast 5 Dec 2025

Media briefing on the BIS Quarterly Review, December 2025

Hyun Song Shin summarises the December 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers…

Frank Smets

and

Gaston Gelos

0:00 0:00

00:49:25

Podcast 23 Oct 2025

Why the world started hedging its US Dollar exposure

Hyun Song Shin speaks to Odd Lots about the weaker US dollar in 2025 and the role of hedging strategies.

0:00 0:00

00:46:11

Podcast 12 Sep 2025

Media briefing on the BIS Quarterly Review, September 2025

Hyun Song Shin summarises the September 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers…

Frank Smets

and

Gaston Gelos

0:00 0:00

00:23:23

Podcast 2 Jul 2025

Stablecoins

Top central bankers aren't impressed with the global stablecoin craze. Host Carmel Crimmins from Thomson Reuters talks to Hyun…

0:00 0:00

00:23:47

Podcast 29 Jun 2025

Stability amid uncertainty

Agustín Carstens and Hyun Song Shin discuss the trade disruptions and policy uncertainty that are clouding the global economic…

and

Agustín Carstens

0:00 0:00

Podcast 26 Jun 2025

BIS Media Briefing - Annual Economic Report 2025

Agustín Carstens, Andréa M Maechler and Hyun Song Shin brief the media on the main messages of the Annual Economic Report.

Agustín Carstens

and

Andréa M Maechler

0:00 0:00

00:19:57

Podcast 24 Jun 2025

The next-generation monetary and financial system

Hyun Song Shin explains how tokenised platforms with central bank reserves, commercial bank money and government bonds can…