Hyun Song Shin

Priscilla Koo Wilkens

and

BIS Working Paper No 1000 9 Feb 2022

Dollar beta and stock returns

Our finding that the dollar return multiplier is larger than one in all EMEs implies that the dollar-denominated returns tend…

Valentina Bruno

Ilhyock Shim

and

This special feature analyses the increased use of short-term foreign exchange hedging instruments in several emerging Asian…

Publication 6 Dec 2021

Outward portfolio investment and dollar funding in emerging Asia

Patrick McGuire

Ilhyock Shim

BIS Working Paper No 976 4 Nov 2021

and

Vladyslav Sushko

Central bank digital currencies: motives, economic implications and the research frontier

The paper gives a guided tour of the growing literature on the operational architectures for CBDCs, focusing on the…

Raphael Auer

Jon Frost

Cyril Monnet

Tara Rice

and

BIS Working Paper No 972 29 Oct 2021

Non-bank financial intermediaries and financial stability

We develop a risk accounting framework that describes how NBFIs' risk-taking capacity evolves during periods of market distress.

Sirio Aramonte

Andreas Schrimpf

and

BIS Working Paper No 970 21 Oct 2021

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

Big techs' entry in finance builds on their established digital platforms in e-commerce, search and social media, and holds the…

Frederic Boissay

Torsten Ehlers

and

BIS Bulletin No 45 2 Aug 2021

Regulating big techs in finance

BIS Bulletin No 45 - Regulating big techs in finance - Big tech firms entering financial services can scale up rapidly with…

Agustín Carstens

Stijn Claessens

Fernando Restoy

and

BIS Bulletin No 39 17 Mar 2021

Liquidity management and asset sales by bond funds in the face of investor redemptions in March 2020

Investor redemptions are one factor behind asset sales by open-ended mutual funds, but an important additional factor is the…

Andreas Schrimpf

Ilhyock Shim

and

BIS Working Paper No 931 11 Mar 2021

The fintech gender gap

Fintech promises to spur financial inclusion and close the gender gap in access to financial services. Using novel survey data…

Sharon Chen

Sebastian Doerr

Jon Frost

and

External publication 1 Mar 2004

All external publications (128)

Liquidity black holes

and

External publication 1 Feb 2004

Coordination risk and the price of debt

and

External publication 1 Jan 2004

Does one Soros make a difference? A theory of currency crises with large and small traders

External publication 1 Nov 2003

Giancarlo Corsetti

and

Amil Dasgupta

Disclosures and asset returns

External publication 1 Jan 2003

Global games: theory and applications

and

External publication 1 Dec 2002

Social value of public information

and

External publication 1 Feb 2002

Equilibrium departures from common knowledge in games with non-additive expected utility

External publication 1 Jan 2001

and

Sujoy Mukerji

Rethinking multiple equilibria in macroeconomic modelling

and

External publication 1 Dec 2000

and

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the US Monetary Policy Forum, New York City,…

Speech 3 Mar 2017

How much should we read into shifts in long-dated yields?

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the London School of Economics and Political…

Speech 15 Nov 2016

The bank/capital markets nexus goes global

Speech 17 Sep 2016

BIS Quarterly Review, September 2016 - media briefing

and

Presentation by Mr Hyun Song Shin, Economic Adviser and Head of Research - Basel, 26 June 2016. The realignment of the global…

Speech 26 Jun 2016

Liquidity, leverage and macro risk

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the World Bank conference "The state of…

Speech 8 Jun 2016

Global liquidity and procyclicality

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at "Perspectives 2016: Liquidity Policy and…

Speech 6 May 2016

Market liquidity and bank capital

Panel remarks by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at The ECB and its Watchers XVII…

Speech 7 Apr 2016

Bank capital and monetary policy transmission

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)

00:35:19

Podcast 29 Jun 2022

Crypto, CBDCs, and designing money

Hyun Song Shin speaks to Chris Brummer about crypto, CBDCs, and designing money. More information about the podcast is…

0:00 0:00

00:17:30

Podcast 21 Jun 2022

The future monetary system

What will the future of the monetary system look like? Hyun Song Shin presents a blueprint for the future monetary system as…

0:00 0:00

00:48:37

Podcast 14 Jan 2022

The BIS in the age of digital money

Hyun Song Shin explains the role BIS plays in connecting central banks around the world to facilitate economic and financial…

0:00 0:00

00:47:08

Podcast 24 Jun 2021

CBDCs and the future of central banking

Hyun Song Shin discusses the future of central bank digital currencies, as outlined in Chapter III of the 2021 Annual Economic…

0:00 0:00

00:29:55

Podcast 23 Jun 2021

CBDCs - an opportunity for the monetary system

Benoit Coeuré and Hyun Song Shin discuss Chapter 3 of the Annual Economic Report on CBDCs and how the BIS sees them best…

and

Benoît Coeuré

0:00 0:00

00:26:41

Podcast 23 Jun 2021

CBDCs: the BIS' annual overview

Hyun Song Shin discusses how central bank digital currencies can contribute to an open, safe and competitive monetary system…

and

Chris Brummer

0:00 0:00

00:45:47

Podcast 2 Jul 2020

What central banks have learned from the crisis

Hyun Song Shin discusses the new policymaker toolbox that has emerged during the coronavirus crisis and what more needs to be…

0:00 0:00

00:10:49

Podcast 24 Jun 2020

Central banks and payments in the digital era

Hyun Song Shin discusses how central banks, as guardians of the safety and integrity of the payment system, must keep evolving…

0:00 0:00

00:11:45

Podcast 18 Dec 2019

The BIS Innovation Hub explained

Hyun Song Shin explains how the BIS Innovation Hub, a new project designed to support central bank collaboration on new…