Hyun Song Shin

BIS Working Paper No 212 30 Aug 2006

Risk and liquidity in a system context

Abstract of BIS Working Papers No. 212 by Hyun Song Shin

BIS Working Paper No 138 6 Sep 2003

Public and private information in monetary policy models

Abstract of BIS Working Papers No. 138

Jeffery D Amato

and

BIS Working Paper No 123 5 Jan 2003

Communication and monetary policy

Abstract of BIS Working Papers No. 123

Jeffery D Amato

and

BIS Working Paper No 122 4 Jan 2003

Positive feedback trading under stress: Evidence from the US Treasury securities market

Abstract of BIS Working Papers No. 122

Benjamin H Cohen

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

Global imbalances and the international footprint of firms: what role for exchange rates?

Speech by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the Joint G20/IMF seminar on global…

Extract of an article by Mr Agustín Carstens, General Manager of the BIS, and Mr Hyun Song Shin, Economic Adviser and Head of…

Speech 22 Mar 2019

Emerging markets aren't out of the woods yet

and

The period under review started just the way the last one ended. In the second half of December, the risk-off phase persisted.

Speech 4 Mar 2019

BIS Quarterly Review, March 2019 - media briefing

Claudio Borio

and

Lecture by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, University of Cambridge, 22 January 2019.

Speech 7 Feb 2019

Distributed ledger technology and large value payments: a global game approach

It was not the first, and it will not be the last. It was just another bump along the narrow path of monetary policy…

Fintech

Speech 15 Dec 2018

BIS Quarterly Review, December 2018 - media briefing

Claudio Borio

and

Presentation by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, at the conference on "Cryptocurrencies and…

Speech 9 Nov 2018

Distributed ledger technology and large value payments: a global game approach

Speech 22 Sep 2018

BIS Quarterly Review, September 2018 - media briefing

Claudio Borio

and

Translation of an article by Hyun Song Shin, Economic Adviser and Head of Research of the BIS, in the Frankfurter Allgemeine…

Speech 17 Sep 2018

Reflections on the Lehman collapse, 10 years later

2026 Per Jacobsson Lecture: Panel discussion

All videos (103)

00:24:13

Video 28 Jun 2026

2026 Per Jacobsson Lecture: Panel discussion

Panel discussion on the lecture delivered by Gita Gopinath (Gregory and Ania Coffey Professor of Economics, Harvard University)…

François Villeroy de Galhau

Gita Gopinath

Post-GFC rewiring of the global financial system

Michele Bullock

and

Pablo Hernández de Cos

1:03:29

Video 20 Feb 2026

Post-GFC rewiring of the global financial system

Hyun examines the broad rewiring of the global financial system since the Great Financial Crisis, focusing on two interrelated…

Money as a coordination device: some historical lessons

Video 27 Jan 2026

Money as a coordination device: some historical lessons

Hyun discusses the implications of structural changes in the evolution of the monetary system, emphasising the trade-offs…

Shifting currents in FX and interest rate derivatives

00:06:03

Video 8 Dec 2025

Shifting currents in FX and interest rate derivatives

The December BIS Quarterly Review is a special edition delving into the data collected from more than 1,000 banks in 52…

Goetz von Peter

Media briefing on the BIS Quarterly Review, December 2025

and

Andreas Schrimpf

00:49:28

Video 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…

and

A fireside chat with Martin Moloney, Deputy Secretary General, Financial Stability Board

00:14:45

Video 6 Nov 2025

A fireside chat with Martin Moloney, Deputy Secretary General, Financial Stability Board

Jon Frost moderates a fireside chat with Martin Moloney, Deputy Secretary General, Financial Stability Board, on its latest…

Media briefing on the BIS Quarterly Review, September 2025

Jon Frost

and

Martin Moloney

00:44:26

Video 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…

and

Securing the foundations for tomorrow in a changing global financial system

Video 29 Jun 2025

Securing the foundations for tomorrow in a changing global financial system

Speech by Mr Hyun Song Shin, Economic Adviser and Head of the Monetary and Economic Department, on the occasion of the Bank's…

BIS Media Briefing - Annual Economic Report 2025

01:06:14

Video 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.

and

Andréa M Maechler

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…

and

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…

and

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…

and

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

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.

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…