Hyun Song Shin

Governor, Bank of Korea

Hyun Song Shin was BIS Economic Adviser from May 2014 to March 2026 and also served as Head of the Monetary and Economic Department from January 2025.

Mr Shin has a background in academia. Before coming to the BIS in May 2014, he was the Hughes-Rogers Professor of Economics at Princeton University, having previously held appointments at Oxford University and the London School of Economics. He has been an intellectual leader in the fields of banking, international finance and monetary economics, topics on which he has published widely, both in leading academic and official publications.

One area of recent focus has been in developing the BIS's work agenda on digital innovation and the financial system, laying out the implications for users, financial intermediaries and the central bank. Mr Shin was part of the BIS management team that developed the BIS Innovation Hub, and served as its Interim Head at its launch in 2019.

Mr Shin is a Korean national. In 2010, while on leave from Princeton University, he served as Senior Adviser to the Korean president, taking a leading role in formulating financial stability policy in Korea and developing the agenda for the G20 during Korea's presidency.

All BIS publications (77)

BIS Working Paper No 256 17 Jul 2008

Liquidity and financial cycles

BIS Working Papers No 256

Tobias Adrian

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Hyun Song Shin

Governor, Bank of Korea

All BIS publications (77)

Liquidity and financial cycles

Risk and liquidity in a system context

Public and private information in monetary policy models

Communication and monetary policy

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

All external publications (128)

Depth of knowledge and the effect of higher order uncertainty

The burden of proof in a game of persuasion

Representing the knowledge of turing machines

News management and the value of firms

Measuring the incidence of insider trading in a market for state-contingent claims

p-dominance and belief potential

Logical structure of common knowledge

A comment on a model of vertical product differentiation

Prices of state contingent claims with insider traders and the favourite longshot bias

All speeches (66)

Bank capital and monetary policy transmission

BIS Quarterly Review, March 2016 - media briefing

Where's the inflation, Mr Shin?

Exchange rates and the transmission of global liquidity

BIS Quarterly Review, December 2015 - media briefing

External dimension of monetary policy

Three BIS research themes in the Annual Report

Macroprudential tools, their limits and their connection with monetary policy

Toward a joined-up research agenda for central banks

All videos (103)

CBDCs and the challenges for central banks

Looking ahead: regulatory challenges

Central bank digital currencies

Financial resilience in the large and in the small

BIS Quarterly Review, December 2021 - Media briefing

CBDCs and the challenges for central banks

Decentralisation in digital finance: possibilities and limits

Have we avoided the Covid insolvency wave?

Not a financial crisis: revisiting old and new risks to financial stability in the recovery

All podcasts (40)

FX and OTC derivatives markets through the lens of the BIS Triennial Survey

Why a strong dollar causes most of the world major pain

Big tech in finance

Bitcoin's big problem

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