Balance sheets nowadays straddle national borders but are often not reflected in the system of national accounts. Our new article shows how a nationality view that groups balance sheets by the country of headquarters, can shed light on issues such as foreign currency debt.
Viewed from a nationality perspective, several countries have incurred more foreign currency debt than is evident in residence-based statistics #BISQuarterly#BISStatistics https://t.co/AMF0gRof5u
The Call for Papers for the 2024 Spillover conference is out.
https://t.co/hbS1SarWSJ
Please submit full papers to [email protected] by 31st January 2024.
The Call for Papers for the 2024 Spillover conference is out.
https://t.co/hbS1SarWSJ
Please submit full papers to [email protected] by 31st January 2024.
v proud to announce another great edition of our BIS-BOE-ECB-IMF joint Spillover conference, this year in Basel the next 29-30 April! Topic:"Ebb and Flow of Globalization: perspectives on the role of trade and financial integration for international spillover". DL:Jan31st. Link👇
In my new BIS publication with @BryanHardyEcon, we show that in Q1 2023, deposit funding rotated from the non-financial sector to NBFIs. Our paper also discusses the implication on banks' funding stability.
The movement of deposits was an important development during the March 2023 banking stress. But, it is not straightforward how we should think about such deposit changes. @ZhuSonya and I lay out a framework to help interpret changes in banks’ deposit funding.
Non-bank financial institutions substituted for the non-financial sector in providing deposit funding for internationally active banks in Q1 2023. This rotation was modest globally and concentrated in a few jurisdictions #BISstatistics#BISQuarterly https://t.co/Cp3VRVTvV1
The 12th Workshop on Exchange Rates will be held in Basel on 13 Dec 2022. Papers related to FX markets, financial intermediation, and macro-financial stability are welcome to be submitted by 23 Oct, 2022 to [email protected].
What are the effects of the @federalreserve communications on stock market returns?
@SkandiaSE Award 2020 Recipient Annette Vissing-Jorgensen will give a talk about this at @SHouseofFinance Webinar, November 19, 4.30 PM. For more info:
https://t.co/WR7Bzjvwk2