Nikola Tarashev

Special Adviser on Financial Stability Policy
Monetary and Economic Department, Financial Institutions

Nikola Tarashev joined the BIS in 2002, after completing his PhD in economics at Princeton University. He has contributed regularly to the BIS Quarterly Review and has participated in BIS-based committees, both as a member and as a secretary of working groups. Nikola has published articles on information frictions in financial markets, on investors' appetite for risk, on measuring the credit risk of single entities and financial portfolios, on the pricing of portfolio credit risk and on the measurement of the systemic importance of individual financial institutions. He was also a part-time consultant at the Prudential Policy Division of the Bank of England.

Fields of interest

  • Financial stability and macroprudential issues
  • Financial markets
  • International finance

Date BIS research papers
Dec 2007

International banking with the euro

BIS Quarterly Review December 2007

Other authors: Patrick McGuire

Jun 2007

Modelling and calibration errors in measures of portfolio credit risk

BIS Working Papers No 230

Other authors: Haibin Zhu

Mar 2007

Measuring portfolio credit risk: modelling versus calibration errors

BIS Quarterly Review March 2007

Other authors: Haibin Zhu

Dec 2006

Tracking international bank flows

BIS Quarterly Review December 2006

Other authors: Patrick McGuire

Sep 2006

The pricing of portfolio credit risk

BIS Working Papers No 214

Other authors: Haibin Zhu

Jul 2005

An empirical evaluation of structural credit risk models

BIS Working Papers No 179

Dec 2004

Are speculative attacks triggered by sunspots? A new test

BIS Working Papers No 166

Sep 2003

Currency Crises and the Informational Role of Interest Rates

BIS Working Papers No 135