Hyun Song Shin

All BIS publications (77)

BIS Working Paper No 924 26 Jan 2021

Distributed ledgers and the governance of money

Blockchain technology breathes new life into the classical analysis of "money as memory," ie as a substitute for a ledger of…

Raphael Auer

Cyril Monnet

and

Hyun Song Shin

BIS Working Paper No 907 9 Dec 2020

Low price-to-book ratios and bank dividend payout policies

Banks with a low price-to-book ratio have a greater propensity to pay out dividends. This propensity is especially marked for…

Leonardo Gambacorta

Tommaso Oliviero

and

Hyun Song Shin

BIS Working Paper No 902 10 Nov 2020

An early stablecoin? The Bank of Amsterdam and the governance of money

This paper draws lessons on the central bank underpinnings of money from the rise and fall of the Bank of Amsterdam (1609-1820)…

Jon Frost

Hyun Song Shin

and

Peter Wierts

BIS Bulletin No 24 19 Jun 2020

Trade credit, trade finance, and the Covid-19 Crisis

As the Covid-19 pandemic hits economic activity, the vulnerabilities of longer and more geographically extended trade credit…

Frederic Boissay

Nikhil Patel

and

Hyun Song Shin

BIS Bulletin No 5 7 Apr 2020

Emerging market economy exchange rates and local currency bond markets amid the Covid-19 pandemic

Borrowing through domestic currency bonds has not insulated emerging market economies (EMEs) from the financial shock unleashed…

Boris Hofmann

Ilhyock Shim

and

Hyun Song Shin

BIS Bulletin No 2 2 Apr 2020

Leverage and margin spirals in fixed income markets during the Covid-19 crisis

For a two-week period in mid-March 2020, government bond markets experienced uncharacteristic turbulence, sometimes selling off…

Andreas Schrimpf

Hyun Song Shin

and

Vladyslav Sushko

BIS Working Paper No 819 1 Apr 2020

Dollar and Exports

The strength of the US dollar has attributes of a barometer of dollar credit conditions, with a stronger dollar associated with…

Valentina Bruno

and

Hyun Song Shin

BIS Working Paper No 847 17 Mar 2020

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

The interest in how financial conditions affect real economic activity has grown since the Great Financial Crisis (GFC), not…

Burcu Erik

Marco Jacopo Lombardi

Dubravko Mihaljek

and

Hyun Song Shin

Publication 22 Sep 2019

Financial conditions and purchasing managers' indices: exploring the links

Purchasing managers' indices (PMIs) have found a place in global conjunctural analysis and quarterly GDP nowcasting, serving as…

Burcu Erik

Marco Jacopo Lombardi

Dubravko Mihaljek

and

Hyun Song Shin

All external publications (128)

External publication 1 Jan 2022

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

Viral V Acharya

Hyun Song Shin

Irvind Gujral

and

Nirupama Kulkarni

External publication 15 Dec 2021

Offshore EME bond issuance and the transmission channels of global liquidity

Hyun Song Shin

and

Soyoung Kim

External publication 1 Sep 2021

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

Hyun Song Shin

Leonardo Gambacorta

Torsten Ehlers

and

Frederic Boissay

External publication 15 Mar 2021

From financial innovation to inclusion

Hyun Song Shin

Leonardo Gambacorta

and

Jon Frost

External publication 1 Mar 2021

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

Hyun Song Shin

Stefan Avdjiev

and

Bat-el Berger

External publication 1 Dec 2020

Bond risk premia and the exchange rate

Ilhyock Shim

Boris Hofmann

and

Hyun Song Shin

External publication 1 Nov 2020

Central banks in a shifting world

Hyun Song Shin

External publication 1 Jun 2020

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

Ilhyock Shim

Boris Hofmann

and

Hyun Song Shin

External publication 1 May 2020

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

Hyun Song Shin

Dubravko Mihaljek

Marco Jacopo Lombardi

Catherine Casanova

Burcu Erik

and

Wenxin Du

All videos (103)

01:39:37

Overcoming "Original Sin" to secure policy space

Video 19 Oct 2021

Overcoming "Original Sin" to secure policy space

Janeway Institute Launch, University of Cambridge.

Hyun Song Shin

01:34:10

Global Standards for Digital Currencies

Video 12 Oct 2021

Global Standards for Digital Currencies

Speakers: Hyun Song Shin, Viral Acharya, Thomas Philippon and Isabel Schnabel

Hyun Song Shin

00:57:36

Research session: Implications of big tech in finance

Video 6 Oct 2021

Research session: Implications of big tech in finance

Chair: Hyun Song Shin (Economic Adviser / Head of Research, BIS) Jorge Padilla (Senior Managing Director, Compass Lexecon) …

Hyun Song Shin

and

Karen Croxson

01:21:47

Lessons for the Future

Video 1 Oct 2021

Lessons for the Future

Implications of Federal Reserve Actions in Response to the COVID-19 Pandemic, Federal Reserve Bank of New York.

Viral V Acharya

Hyun Song Shin

Thomas Philippon

and

Isabel Schnabel

00:19:38

Central bank digital currencies: an opportunity for the monetary system

Video 29 Jun 2021

Central bank digital currencies: an opportunity for the monetary system

In his speech at the 91st BIS AGM, Hyun Song Shin lays out the design choices that can help put central bank digital…

Hyun Song Shin

00:51:31

BIS Media Briefing - Annual Economic Report 2021

Video 28 Jun 2021

BIS Media Briefing - Annual Economic Report 2021

Carstens, Pereira, Borio and Shin brief the media on the main messages of the Annual Economic Report.

Claudio Borio

Hyun Song Shin

Agustín Carstens

and

Luiz Awazu Pereira da Silva

00:54:22

CBDCs and the future of payments

Video 23 Jun 2021

CBDCs and the future of payments

Hyun Song Shin discusses central bank digital currencies design features, potential points of friction and data privacy, as…

Hyun Song Shin

00:01:49

CBDCs - an opportunity for the monetary system

Video 23 Jun 2021

CBDCs - an opportunity for the monetary system

Hyun Song Shin discusses how central bank digital currencies are moving from concept to practical design, renewing the…

Hyun Song Shin

01:04:52

BIS Media Briefing - CBDCs: an opportunity for the monetary system

Video 22 Jun 2021

BIS Media Briefing - CBDCs: an opportunity for the monetary system

Shin and Cœuré brief the media on the main messages of Chapter III of the Annual Economic Report.

Hyun Song Shin

and

Benoît Coeuré

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…

Hyun Song Shin

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…

Hyun Song Shin

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…

Hyun Song Shin

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…

Hyun Song Shin

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…

Hyun Song Shin

and

Chris Brummer

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…

Hyun Song Shin

and

Benoît Coeuré

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…

Hyun Song Shin

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…

Hyun Song Shin

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…

Hyun Song Shin

0:00 0:00

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All BIS publications (77)

Distributed ledgers and the governance of money

Low price-to-book ratios and bank dividend payout policies

An early stablecoin? The Bank of Amsterdam and the governance of money

Trade credit, trade finance, and the Covid-19 Crisis

Emerging market economy exchange rates and local currency bond markets amid the Covid-19 pandemic

Leverage and margin spirals in fixed income markets during the Covid-19 crisis

Dollar and Exports

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

Financial conditions and purchasing managers' indices: exploring the links

All external publications (128)

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

Offshore EME bond issuance and the transmission channels of global liquidity

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

From financial innovation to inclusion

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

Bond risk premia and the exchange rate

Central banks in a shifting world

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

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

All speeches (65)

Financial stability risks: old and new

The changing face of financial intermediation

All videos (103)

Overcoming "Original Sin" to secure policy space

Global Standards for Digital Currencies

Research session: Implications of big tech in finance

Lessons for the Future

Central bank digital currencies: an opportunity for the monetary system

BIS Media Briefing - Annual Economic Report 2021

CBDCs and the future of payments

CBDCs - an opportunity for the monetary system

BIS Media Briefing - CBDCs: an opportunity for the monetary system

All podcasts (40)

Crypto, CBDCs, and designing money

The future monetary system

The BIS in the age of digital money

CBDCs and the future of central banking

CBDCs: the BIS' annual overview

CBDCs - an opportunity for the monetary system

What central banks have learned from the crisis

Central banks and payments in the digital era

The BIS Innovation Hub explained

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