José María Serena Garralda

Economist
Monetary and Economic Department

Jose Maria Serena Garralda joined the BIS in 2017. Previously he worked for the Bank of Spain and UNCTAD. He holds a master's degree from the Centro de Estudios Monetarios y Financieros (CEMFI) and a PhD from the University of Navarre.

Mar 2018
Firms' credit risk and the onshore transmission of the global financial cycle

Other authors: Ramon Moreno

BIS Working Papers   | No 712
Apr 2017
Does exchange rate depreciation have contractionary effects on firm-level investment?

Other authors: Ricardo Sousa

BIS Working Papers   | No 624
Sep 2016
Domestic financial markets and offshore bond financing

Other authors: Ramon Moreno

BIS Quarterly Review   | September 2016
Oct 2015
International reserves and gross capital flow dynamics

Other authors: Enrique Alberola-Ila and Aitor Erce

BIS Working Papers   | No 512
  • "What drives bank-intermediated trade finance? Evidence from cross-country analysis" (with G Vasishtha), International Journal of Central Banking, 2019 (forthcoming). Also published as Bank of Canada, Staff Working Papers, no 2015-8, February 2015.
  • " International reserves and gross capital flow dynamics" (with E Alberola and A Erce), Journal of International Money and Finance, vol 60, pp 151-71, February 2016. Also published as BIS Working Papers, no 512.