Research at the BIS supports central banks in their pursuit of monetary and financial stability. Our research places emphasis on the links between the real economy and the financial system, on global rather than country-specific aspects and on longer-term drivers of activity. Research findings are made available via BIS publications and publications in peer-reviewed journals.
The BIS Advisory Panel comprises distinguished academics, each with an established reputation in their respective field. The role of the Advisory Panel is to advise the BIS on emerging research areas that merit closer attention from central banks and to provide perspective on key current policy questions.
The group meets twice a year with BIS officials. Depending on the meeting's topic, other participants from central banks and academia may also be invited on an ad hoc basis. The Economic Adviser chairs the panel and the Research Adviser acts as the secretary. No honorarium is paid to the members.
| Franklin Allen | Professor of Finance and Economics and Executive Director Brevan Howard Centre for Financial Analysis | Imperial College London |
| Markus K Brunnermeier | Edwards S Sanford Professor of Economics and Director of the Bendheim Center for Finance | Princeton University |
| Wenxin Du | Sylvan C Coleman Professor of Financial Management | Harvard Business School |
| Darrell Duffie | The Adams Distinguished Professor of Management and Professor of Finance | Graduate School of Business, Stanford University |
| Charles Engel | Donald Hester Professor of Economics | University of Wisconsin |
| Marc Flandreau | Howard Marks Chair of Economic History | School of Arts & Sciences, University of Pennsylvania |
| Kristin Forbes | Jerome and Dorothy Lemelson Professor of Management and Global Economics | MIT Sloan School of Management |
| Itay Goldstein | Joel S Ehrenkranz Family Professor, Professor of Finance | Wharton School, University of Pennsylvania |
| Sebnem Kalemli-Ozcan | Schreiber Family Professor of Economics | Brown University |
| Guido Lorenzoni | Robert W Fogel Distinguished Service Professor of Economics | University of Chicago Booth School of Busines |
| Enrique Mendoza | Professor of Economics | University of Pennsylvania |
| Brent Neiman | Edward Eagle Brown Professor of Economics | University of Chicago Booth School of Business |
| Marco Pagano | Professor of Finance | University of Naples Federico II |
| Manju Puri | J B Fuqua Professor of Finance | Fuqua School of Business, Duke University |
| Ricardo Reis | A W Phillips Professor of Economics | London School of Economics & Political Science |
| Jean Charles Rochet | Professor of Economics | Toulouse School of Economics and Geneva Finance Research Institute |
| Stephanie Schmitt-Grohe | Professor of Economics | Columbia University |
| Antoinette Schoar | Stewart C Myers-Horn Family Professor of Finance and Entrepreneurship | MIT Sloan School of Management |
| Amit Seru | The Steven and Roberta Denning Professor of Finance | Stanford Graduate School of Business |
| Amir Sufi | Bruce Lindsay Distinguished Service Professor of Economics and Public Policy | University of Chicago Booth School of Business |
| Linda Tesar | Alan V Deardorff Collegiate Professor of Economics | University of Michigan |
| Robert Townsend | Elizabeth & James Killian Professor of Economics | Massachusetts Institute of Technology |
| Dimitri Vayanos | Professor of Finance and Director of the Paul Woolley Centre for the Study of Capital Market Dysfunctionality | London School of Economics & Political Science |
| Laura Veldkamp | Leon G Cooperman Professor of Finance & Economics | Columbia Business School |
| Michael Woodford | John Bates Clark Professor of Political Economy | Columbia University |
| Wei Xiong | John H Scully '66 Professor in Finance | Princeton University |
BIS researchers collaborate extensively with researchers in academia, central banks and other policy institutions. To this end, the BIS operates a range of visiting programmes for members of academia, central bank research economists and internationally recognised experts in the fields of banking, monetary policy and financial stability researchers.
In addition, we organise conferences and events to galvanise research in emerging areas of policy interest. The BIS also serves as the hub for the BIS Research Network, which brings together researchers at central banks and in academia for regular meetings on monetary and financial stability issues. The BIS Advisory Panel of distinguished academics advises the BIS on emerging research areas that merit closer attention from central banks and provides perspective on key current policy questions.
An independent review of BIS research was conducted in 2016 by an expert panel. Details of the survey of the users of BIS research and updates of the rankings mentioned in the independent review are available.
The International Journal of Central Banking (IJCB) is an initiative of the central banking community.
Published quarterly, the journal features articles on central bank theory and practice, with a special emphasis on research relating to monetary and financial stability. The main objectives of the International Journal of Central Banking are:
to disseminate widely the best policy-relevant and applied research that reflects the missions of central banks around the world across a range of disciplines; and
to promote communication amongst researchers both inside and outside of central banks.
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