Bank of International Settlement

BIS Working Papers  |  No 819  |  14 October 2019 by  Valentina Bruno and Hyun Song Shin PDF full text (450kb)  |  53 pages Focus A broad appreciation of the dollar dampens international trade by weighing on the operation of credit-intensive global value chains (GVCs).  Contributions...

This paper is an extension of "The financial cycle and recession risk", BIS Quarterly Review, December 2018, by the same authors.  BIS Working Papers  |  No 818  |  11 October 2019 by  Claudio Borio, Mathias Drehmann and Dora Xia PDF full text (323kb)  |  29 pages...

CPMI Papers  |  No 186  |  09 October 2019 PDF full text (403kb)  |  26 pages G20 Leaders agreed in 2009 that all over-the-counter (OTC) derivatives contracts should be reported to trade repositories (TRs) as part of their commitment to reforming OTC derivatives markets with the aim of improving...

Report prepared by a Working Group chaired by Simon M Potter (Federal Reserve Bank of New York) and Frank Smets (European Central Bank). CGFS Papers  |  No 63  |  07 October 2019 PDF full text (1,656kb)  |  85 pages [embedded content]...

Report prepared by a Study Group chaired by Lorie Logan (Federal Reserve Bank of New York) and Ulrich Bindseil (European Central Bank). Markets Committee Papers  |  No 11  |  07 October 2019 PDF full text (4,195kb)  |  91 pages [embedded content]...

This version supersedes the version dated May 2009. Markets Committee Papers  |  07 October 2019 PDF full text (1,073kb)  |  95 pages Central banks' decisions and actions are shaped by their operational frameworks, which evolve as market conditions, policy goals, and the structure of financial markets...

BIS Working Papers  |  No 817  |  03 October 2019 by  Phurichai Rungcharoenkitkul, Claudio Borio and Piti Disyatat PDF full text (1,580kb)  |  44 pages Focus What if monetary policy impart a long-run impact on output and inflation-adjusted interest rates -"non-neutrality"? What...

BIS Working Papers  |  No 816  |  02 October 2019 by  Andrew Filardo, Paul Hubert and Phurichai Rungcharoenkitkul PDF full text (2,954kb)  |  42 pages Focus Financial stability is key in monetary policy deliberation. There is ample evidence that low interest rate levels create...

Summary of document history   Previous version Previousconsultation This version Subsequentconsultation Subsequentversion Basel III Monitoring Report 20 Mar 2019 Type:  QIS Status:  Current...

BIS Working Papers  |  No 815  |  01 October 2019 by  Stijn Claessens PDF full text (530kb)  |  29 pages Focus How does financial market fragmentation relate to financial stability? Does more fragmentation always imply less financial stability? Alternatively, might there be a trade-off...