Vladyslav Sushko

Economist

Monetary and Economic Department, Committee on the Global Financial System (CGFS)

Vladyslav Sushko joined the BIS after completing his PhD in International Economics at the University of California, Santa Cruz. Previously, he developed forecasting models for a major credit card company, worked on consulting projects for the World Bank, and held visiting positions at the University of Tokyo and the Institute of Innovation Research at Hitotsubashi University.

Fields of interest

Financial markets
International capital flows

Date	BIS research papers
Dec 2016	Downsized FX markets: causes and implications BIS Quarterly Review December 2016 Other authors: Michael Moore and Andreas Schrimpf
Oct 2016	The failure of covered interest parity: FX hedging demand and costly balance sheets BIS Working Papers No 590 Other authors: Claudio Borio, Robert Neil McCauley and Patrick McGuire
Sep 2016	Covered interest parity lost: understanding the cross-currency basis BIS Quarterly Review September 2016 Other authors: Claudio Borio, Robert Neil McCauley and Patrick McGuire
Dec 2015	Dollar credit to emerging market economies BIS Quarterly Review December 2015 Other authors: Robert Neil McCauley and Patrick McGuire
Oct 2015	The hunt for duration: not waving but drowning? BIS Working Papers No 519 Other authors: Dietrich Domanski and Hyun Song Shin
Jan 2015	Bank capital shock propagation via syndicated interconnectedness BIS Working Papers No 484 Other authors: Makoto Nirei and Julián Caballero
Jan 2015	Global dollar credit: links to US monetary policy and leverage BIS Working Papers No 483 Other authors: Robert Neil McCauley and Patrick McGuire
Sep 2014	Rethinking the lender of last resort: workshop summary BIS Papers No 79 Other authors: Dietrich Domanski
Sep 2014	Risks related to EME corporate balance sheets: the role of leverage and currency mismatch BIS Quarterly Review September 2014 Other authors: Michael Chui and Ingo Fender
Sep 2013	The response of tail risk perceptions to unconventional monetary policy BIS Working Papers No 425 Other authors: Masazumi Hattori and Andreas Schrimpf

" The hunt for duration: not waving but drowning?" ( PDF) (with D Domanski and H S Shin), IMF Economic Review, 2017. Also published as BIS Working Papers, no 519.
" The response of tail risk perceptions to unconventional monetary policy" (with M Hattori and A Schrimpf), American Economic Journal: Macroeconomics, vol 8, no 2, 2016, pp 111-36. Also published as BIS Working Papers, no 425.
" US monetary policy, leverage and offshore dollar credit" (with R McCauley and P McGuire), Economic Policy, vol 30, no 82, April 2015, pp 187-229. Also published [abridged Chinese version] in Chinamoney, November 2015, pp 58-62, and as BIS Working Papers, no 483, January 2015.
" Bank capital shock propagation via syndicated interconnectedness" (with M Nirei and J Caballero), Computational Economics, February 2015. Also published as BIS Working Papers no 484.
" Financial sector ups and downs and the real sector in the open economy: Up by the stairs, down by the parachute" (with J Aizenman and B Pinto), Emerging Markets Review, vol 16, 2013, pp 1-30. Also published as BIS Working Papers no 411.
" Bye-bye covered interest parity" (with C Borio, R McCauley and P McGuire), VoxEU
" Impact of macroeconomic surprises on carry trade activity" (with M Hutchison), Journal of Banking & Finance, vol 37, no 4, 2013, pp 1133-47.
" From the Great Moderation to the global crisis: exchange market pressure in the 2000s" (with J Aizenman and J Lee), Open Economies Review, vol 23, no 4, 2012, pp 597-621.
" Investment and growth in rich and poor countries" (with M Dooley and Y-W Cheung), NBER Working Papers, no 17788, 2012.
" Jumps in foreign exchange rates and stochastic unwinding of carry trades" (with M Nirei), International Review of Economics & Finance, vol 20, no 1, 2011, pp 110-27.
" Capital flows: catalyst or hindrance to economic takeoffs?" (with J Aizenman), NBER Working Papers, no 17258, July 2011.
" Capital flow types, external financing needs, and industrial growth: 99 countries, 1991-2007" (with J Aizenman), NBER Working Papers, no 17228, July 2011.