Americas Office research papers - last 2 years

Includes papers by the BIS CCA (Consultative Council for the Americas) and the BIS Economics for Latin America and the Caribbean (ELAC) group. Other papers presented in BIS CCA Research Conferences can be found on the respective conference websites.

Date Titles
Aug 2017

Effects of capital controls on foreign exchange liquidity

by Carlos Cantú

May 2017

Assessing fiscal policy through the lens of the financial and the commodity price cycles

by Enrique Alberola-Ila and Ricardo Sousa

May 2017

The impact of macroprudential policies and their interaction with monetary policy: an empirical analysis using credit registry data

by Leonardo Gambacorta and Andrés Murcia Pabón

May 2017

Prudential policies and their impact on credit in the United States

by Paul Calem, Ricardo Correa and Seung Jung Lee

May 2017

Evaluating the impact of macroprudential policies on credit growth in Colombia

by Esteban Gómez, Angélica Lizarazo, Juan Carlos Mendoza and Andrés Murcia Pabón

May 2017

The impact of warnings published in a financial stability report on loan-to value ratios

by Andrés Alegría, Rodrigo Alfaro and Felipe Córdova

May 2017

The impact of macroprudential housing finance tools in Canada

by Jason Allen, Timothy Grieder, Tom Roberts and Brian Peterson

Mar 2017

The dynamics of investment projects: evidence from Peru

by Rocío Gondo and Marco Vega

Mar 2017

Commodity price risk management and fiscal policy in a sovereign default model

by Bernabe Lopez-Martin, Julio Leal and Andre Martinez Fritscher

Mar 2017

Volatility risk premia and future commodities returns

by José Renato Haas Ornelas and Roberto Baltieri Mauad

Mar 2017

Business cycles in an oil economy

by Drago Bergholt, Vegard H Larsen and Martin Seneca

Mar 2017

Oil, equities, and the zero lower bound

by Deepa Datta, Benjamin K Johannsen, Hannah Kwon and Robert J Vigfusson

Mar 2017

Macro policy responses to natural resource windfalls and the crash in commodity prices

by Frederick van der Ploeg

Mar 2017

Foreign exchange liquidity in the Americas

BIS Papers No 90

Feb 2017

Revisiting the commodity curse: a financial perspective

by Enrique Alberola-Ila and Gianluca Benigno

Jan 2017

Market volatility, monetary policy and the term premium

by Sushanta K Mallick, Madhusudan Mohanty and Fabrizio Zampolli

Jan 2017

Wage and price setting: new evidence from Uruguayan firms

by Fernando Borraz, Gerardo Licandro and Daniela Sola

Jan 2017

Endogenous wage indexation and aggregate shocks

by Julio A. Carrillo, Gert Peersman and Joris Wauters

Jun 2016

Output gaps and policy stabilisation in Latin America: the effect of commodity and capital flow cycles

by Enrique Alberola-Ila, Rocío Gondo, Marco Jacopo Lombardi and Diego Urbina

Mar 2016

When the walk is not random: commodity prices and exchange rates

by Emanuel Kohlscheen, Fernando Avalos and Andreas Schrimpf

Mar 2016

Moving in tandem: bank provisioning in emerging market economies

by Andrés Murcia Pabón and Emanuel Kohlscheen

Feb 2016

Fiscal policy and the cycle in Latin America: the role of financing conditions and fiscal rules

by Enrique Alberola-Ila, Iván Kataryniuk, Ángel Melguizo and René Orozco

Oct 2015

Leverage on the buy side

by Fernando Avalos, Ramon Moreno and Tania Romero

Oct 2015

International reserves and gross capital flow dynamics

by Enrique Alberola-Ila, Aitor Erce and José María Serena