Nikhil Patel

Former Economist

Nikhil Patel joined the BIS in 2015. He holds a PhD in economics from Columbia University, a master's degree in economics from the Indian Statistical Institute and a bachelor's degree in Physics from the University of Delhi.

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.
By
Boris Hofmann
,
Nikhil Patel
and
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…
By
Frederic Boissay
,
Nikhil Patel
and
Hyun Song Shin
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…
By
David Cook
and
Nikhil Patel
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…
By
Nikhil Patel
and
Dora Xia
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…
By
Nikhil Patel
,
Zhi Wang
and
Shang-Jin Wei
Publication 11 Dec 2016
Does the financial channel of exchange rates offset the trade channel?
By
Jonathan Kearns
and
Nikhil Patel
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…
By
Nikhil Patel

All external publications (3)

External publication 1 Oct 2021
International trade finance and the cost channel of monetary policy in open economies
By
Nikhil Patel
External publication 1 Dec 2019
Global value chains and effective exchange rates at the country-sector level
By
Nikhil Patel
,
Zhi Wang
and
Shang-Jin Wei
External publication 1 Jan 2013
Production factors, productivity dynamics and quality gains as determinants of healthcare spending growth in U.S. hospitals
By
Nikhil Patel
,
Juan M Contreras
and
Ignez Tristao

All videos (2)

00:01:54
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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…
By
Nikhil Patel
00:01:32
work637.jpg
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
Nikhil Patel

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