Ilhyock Shim

Principal Economist
Monetary and Economic Department, Economics and Financial Markets for Asia and the Pacific

Ilhyock Shim is principal economist at the BIS Representative Office for Asia and the Pacific in Hong Kong SAR. His primary responsibility is to conduct research on financial regulation, financial markets and financial stability. Before he was assigned to the Representative Office in 2007, he worked for the BIS in Basel for three years as economist at the Financial Institutions and Infrastructure Unit of the Monetary and Economic Department. He began his career as deputy director in the Korean government in 1996. Between 1997 and 1999, he worked at the Ministry of Finance and Economy as deputy director in charge of deposit insurance and financial sector restructuring. From December 2009 to November 2010, he worked for the G20 Affairs Office of the Bank of Korea as adviser. He holds a bachelor's and a master's degree in Economics from Seoul National University, and a PhD in economics from Stanford University.

Fields of interest

  • Financial markets
  • Financial institutions and microprudential issues
  • Financial stability and macroprudential issues

Date BIS research papers
Jun 2015

Comparative assessment of macroprudential policies

BIS Working Papers No 502

Other authors: Valentina Bruno and Hyun Song Shin

Dec 2014

Correlations across Asia-Pacific bond markets and the impact of capital flow measures

BIS Working Papers No 472

Other authors: Pornpinun Chantapacdepong

Sep 2014

Asset managers in emerging market economies

BIS Quarterly Review September 2014

Other authors: Ken Miyajima

Nov 2013

Can non-interest rate policies stabilise housing markets? Evidence from a panel of 57 economies

BIS Working Papers No 433

Other authors: Kenneth N Kuttner

Sep 2013

Database for policy actions on housing markets

BIS Quarterly Review September 2013

Other authors: Bilyana Bogdanova, Jimmy Shek and Agnė Subelytė

Mar 2012

Discussant remarks on Andrew Felton and Joseph B Nichols' paper "Commercial real estate loan performance at failed US banks"

BIS Papers No 64

Jan 2012

Development of Asia-Pacific corporate bond and securitisation markets

BIS Papers No 63

Apr 2011

Dislocations in the won-dollar swap markets during the crisis of 2007-09

BIS Working Papers No 344

Other authors: Naohiko Baba

Nov 2010

The impact of CDS trading on the bond market: evidence from Asia

BIS Working Papers No 332

Other authors: Haibin Zhu

Jul 2010

The international financial crisis: timeline, impact and policy responses in Asia and the Pacific

BIS Papers No 52

Other authors: Andrew Filardo, Jason George, Mico Loretan, Guonan Ma, Anella Munro, Philip Wooldridge, James Yetman and Haibin Zhu