Nikhil Patel | Bank for International Settlements

All BIS publications (7)

BIS Working Paper No 1004 22 Feb 2022

Original sin redux: a model-based evaluation

This paper provides a model-based evaluation of the original sin redux hypothesis based on a two-country model.

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Steve Pak Yeung Wu

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

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BIS Working Paper No 860 28 Apr 2020

Dollar invoicing, global value chains, and the business cycle dynamics of international trade

Recent literature has highlighted that international trade is mostly priced in a few key vehicle currencies, and is…

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Publication 8 Dec 2019

Offshore markets drive trading of emerging market currencies

FX markets for the currencies of emerging market economies grew more rapidly than those for major currencies between 2016 and…

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BIS Working Paper No 637 8 May 2017

Global value chains and effective exchange rates at the country-sector level

The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show…

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Publication 11 Dec 2016

Does the financial channel of exchange rates offset the trade channel?

Jonathan Kearns

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BIS Working Paper No 539 22 Jan 2016

International trade finance and the cost channel of monetary policy in open economies

This paper models the interaction between international trade finance and monetary policy in open economies and shows that…

All external publications (3)

External publication 1 Oct 2021

International trade finance and the cost channel of monetary policy in open economies

External publication 1 Dec 2019

Global value chains and effective exchange rates at the country-sector level

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External publication 1 Jan 2013

Production factors, productivity dynamics and quality gains as determinants of healthcare spending growth in U.S. hospitals

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Juan M Contreras

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All videos (2)

00:01:54

Offshore markets drive trading of emerging market currencies

Video 8 Dec 2019

Offshore markets drive trading of emerging market currencies

FX markets for emerging market currencies account for almost 25% of global turnover. BIS economist Nikhil Patel explains how…

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00:01:32

Global value chains and effective exchange rates at the country-sector level

Video 8 May 2017

Global value chains and effective exchange rates at the country-sector level

BIS Working Papers no 637: A new framework for computing the real effective exchange rate, a commonly used measure of…

By

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