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 Bulletin No 105 20 Jun 2025

US dollar's slide in April 2025: the role of FX hedging

Currency hedging by non-US investors holding US dollar securities appears to have made an important contribution to the…

External publication 1 Oct 2019

Philip Wooldridge

and

Dora Xia

All external publications (128)

BigTech and the changing structure of financial intermediation

External publication 1 Oct 2019

Leonardo Gambacorta

Jon Frost

and

Pablo Zbinden

Currency depreciation and emerging market corporate distress

External publication 1 Sep 2019

and

Valentina Bruno

The dollar, bank leverage, and the deviation from covered interest parity

External publication 1 Feb 2019

Stefan Avdjiev

Cathérine Tahmee Koch

and

Wenxin Du

The dollar exchange rate as a global risk factor: evidence from investment

External publication 1 Nov 2018

Stefan Avdjiev

Valentina Bruno

and

Cathérine Tahmee Koch

Liquidity, leverage, and regulation 10 years after the global financial crisis

External publication 1 Jul 2018

John Kiff

and

Tobias Adrian

Why bank capital matters for monetary policy

External publication 1 May 2018

and

Leonardo Gambacorta

Central bank forward guidance and the signal value of market prices

External publication 1 May 2018

and

Stephen Morris

Exchange rates and monetary spillovers

External publication 1 May 2018

and

Guillaume Plantin

Exchange rates and the working capital channel of trade fluctuations

Media briefing on the BIS Quarterly Review, September 2024

Valentina Bruno

and

Se-Jik Kim

All videos (103)

00:35:44

Video 16 Sep 2024

Media briefing on the BIS Quarterly Review, September 2024

Claudio Borio and Hyun Song Shin summarise the September 2024 Quarterly Review and answer journalists' questions about…

and

Artificial intelligence and the economy: implications for central banks

00:21:13

Video 30 Jun 2024

Artificial intelligence and the economy: implications for central banks

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

BIS Media Briefing - Annual Economic Report 2024

01:08:22

Video 27 Jun 2024

BIS Media Briefing - Annual Economic Report 2024

Agustín Carstens, Andréa M Maechler, Claudio Borio and Hyun Song Shin brief the media on the main messages of the Annual…

Artificial intelligence and the economy

Agustín Carstens

and

Andréa M Maechler

00:02:03

Video 25 Jun 2024

Artificial intelligence and the economy

Hyun Song Shin explains how artificial intelligence (AI) directly affects central banks, both as stewards of the economy and…

High-level panel: The future of CBDCs: the road ahead for retail versus wholesale CBDCs

00:55:34

Video 6 May 2024

High-level panel: The future of CBDCs: the road ahead for retail versus wholesale CBDCs

Technology is evolving rapidly, and many experiments in the area of CBDC are in progress or have been concluded. Policy makers…

Project Agorá - Press briefing

Joachim Nagel

Fabio Panetta

and

Shaktikanta Das

00:34:00

Video 3 Apr 2024

Project Agorá - Press briefing

Press briefing on the announcement of Project Agorá, with Cecilia Skingsley, Head of the BIS Innovation Hub, and Hyun Song Shin…

Media briefing on the BIS Quarterly Review, March 2024

and

Cecilia Skingsley

00:34:08

Video 4 Mar 2024

Media briefing on the BIS Quarterly Review, March 2024

Claudio Borio and Hyun Song Shin summarise the March 2024 Quarterly Review and answer journalists' questions about financial…

and

Media briefing on the BIS Quarterly Review, December 2023

00:40:38

Video 4 Dec 2023

Media briefing on the BIS Quarterly Review, December 2023

Claudio Borio and Hyun Song Shin summarise the December 2023 Quarterly Review and answer journalists' questions about financial…

and

The Bank of Amsterdam and the limits of fiat money

01:02:25

Video 18 Oct 2023

The Bank of Amsterdam and the limits of fiat money

Hyun Song Shin explains how the failure of the Bank of Amsterdam provides lessons for modern-day policymakers.

All podcasts (40)

00:35:42

Podcast 18 Sep 2023

Media briefing on the BIS Quarterly Review, September 2023

Claudio Borio and Hyun Song Shin summarise the September 2023 Quarterly Review and answer journalists' questions about…

and

0:00 0:00

00:41:19

Podcast 31 Aug 2023

New financial stability risks

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

0:00 0:00

00:26:12

Podcast 11 Jul 2023

The Impact of Tokenization on the Monetary System and the Need for Tokenized Central Banks

Hyun Song Shin talks with Michael Casey and Sheila Warren of Coindesk's 'Money Reimagined' about tokenisation and the unified…

0:00 0:00

00:44:33

Podcast 7 Jul 2023

Unified Ledgers, Tokenized Deposits, and Governance

Hyun Song Shin speaks to Chris Brummer about tokenization, payments and the possible future of central banking.

0:00 0:00

00:29:46

Podcast 20 Jun 2023

Improving the old, enabling the new

Hyun Song Shin explains the main elements of the unified ledger and how tokenisation can be a game changer for the monetary…

0:00 0:00

00:39:50

Podcast 24 Feb 2023

Media briefing on the BIS Quarterly Review, March 2023

Claudio Borio and Hyun Song Shin summarize the March 2023 Quarterly Review and answer journalists' questions about market…

and

0:00 0:00

Podcast 2 Dec 2022

Persistent risks in foreign exchange trades, hidden dollar debt

Claudio Borio and Hyun Song Shin brief the media on the key takeaways of the BIS December 2022 Quarterly Review and answer…

and

0:00 0:00

00:42:39

Podcast 2 Nov 2022

The strengthening US dollar: impacts and policy implications

Interview with Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on the strength of the US dollar conducted by…

0:00 0:00

00:23:30

Podcast 19 Sep 2022

Markets swing on changing perceptions of the policy outlook: BIS Quarterly Review

Claudio Borio and Hyun Song Shin summarize the September 2022 Quarterly Review and answer journalists' questions about market…

and