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International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

Bank of International Settlement

Monetary policy surprises and employment: evidence from matched bank-firm loan data on the bank lending-channel

BIS Working Papers  |  No 799  |  31 July 2019 by  Rodrigo Barbone Gonzalez PDF full text (773kb)  |  53 pages Focus This paper evaluates the impacts of monetary policy surprises on credit supply and employment using comprehensive loan and firm-level data from Brazil. Heterogeneities across...

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