Vladyslav Sushko

Bank for International Settlements (BIS)

Economist

Centralbahnplatz 2

Basel, Basel-Stadt 4002

Switzerland

  • Bank for International Settlements (BIS)

SCHOLARLY PAPERS

28

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12,106

SSRN CITATIONS
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Top 2,592

in Total Papers Citations

373

CROSSREF CITATIONS

271

Scholarly Papers (28)

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1.

The Implications of Passive Investing for Securities Markets

BIS Quarterly Review, March 2018
Number of pages: 19 Posted: 13 Mar 2018
Vladyslav Sushko and Grant Turner
Bank for International Settlements (BIS) and Reserve Bank of Australia
Downloads 2,986 (7,501)
Citation 26

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2.

The Failure of Covered Interest Parity: FX Hedging Demand and Costly Balance Sheets

Downloads 1,475 (22,613)
Citation 28

The Failure of Covered Interest Parity: FX Hedging Demand and Costly Balance Sheets

BIS Working Papers No. 590
Number of pages: 63 Posted: 02 Feb 2017 Last Revised: 23 Nov 2018
Claudio E. V. Borio, Mobeen Iqbal, Robert N. McCauley, Robert N. McCauley, Patrick McGuire and Vladyslav Sushko
Bank for International Settlements (BIS) - Research and Policy Analysis, Fidelity Investments, Inc. - Fidelity Management & Research, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 1,280 (27,460)
Citation 44

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Covered interest parity, FX swaps, currency basis, limits to arbitrage, US dollar funding, currency hedging, preferred habitat investors, term structure

The Failure of Covered Interest Parity: FX Hedging Demand and Costly Balance Sheets

BIS Working Paper No. 590
Number of pages: 64 Posted: 28 Oct 2016
Vladyslav Sushko, Claudio E. V. Borio, Robert N. McCauley, Robert N. McCauley and Patrick McGuire
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center and Bank for International Settlements (BIS)
Downloads 195 (265,455)

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Covered interest parity, FX swaps, currency basis, limits to arbitrage, US dollar funding, currency hedging

3.

Beyond LIBOR: A Primer on the New Benchmark Rates

BIS Quarterly Review March 2019
Number of pages: 24 Posted: 07 Mar 2019
Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 1,256 (28,747)
Citation 7

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4.

Covered Interest Parity Lost: Understanding the Cross-Currency Basis

BIS Quarterly Review September 2016
Number of pages: 20 Posted: 05 Oct 2016
Claudio E. V. Borio, Robert N. McCauley, Robert N. McCauley, Patrick McGuire and Vladyslav Sushko
Bank for International Settlements (BIS) - Research and Policy Analysis, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 1,066 (36,339)
Citation 36

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5.

The Foreign Exchange Market

The Research Handbook of Financial Markets, edited by Refet Gürkaynak and Jonathan Wright. Edward Elgar. 2022.
Number of pages: 26 Posted: 06 Apr 2022 Last Revised: 19 Aug 2022
Alain Chaboud, Dagfinn Rime and Vladyslav Sushko
Board of Governors of the Federal Reserve System, BI Norwegian Business School and Bank for International Settlements (BIS)
Downloads 683 (67,258)

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Financial markets, Foreign exchange, Market microstructure, Dealer intermediation, Electronic trading, Algorithmic trading

6.

Leverage and Margin Spirals in Fixed Income Markets during the COVID-19 Crisis

Number of pages: 8 Posted: 13 Jan 2021
Andreas Schrimpf, Hyun Song Shin and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 508 (97,266)
Citation 67

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7.

Risks Related to EME Corporate Balance Sheets: The Role of Leverage and Currency Mismatch

BIS Quarterly Review September 2014
Number of pages: 13 Posted: 01 Oct 2014
Michael K.F. Chui, Ingo Fender and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 476 (104,764)
Citation 6

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8.

Sizing Up Global Foreign Exchange Markets

BIS Quarterly Review, December 2019
Number of pages: 18 Posted: 17 Dec 2019
Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 471 (105,789)
Citation 5

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9.

The Response of Tail Risk Perceptions to Unconventional Monetary Policy

Downloads 357 (145,407)
Citation 53

The Response of Tail Risk Perceptions to Unconventional Monetary Policy

Number of pages: 52 Posted: 19 Feb 2015
Masazumi Hattori, Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 255 (205,633)
Citation 8

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Unconventional Monetary Policy, Risk-Taking Channel, Forward Guidance, Tail Risk, Event Study

The Response of Tail Risk Perceptions to Unconventional Monetary Policy

BIS Working Paper No. 425
Number of pages: 56 Posted: 27 Feb 2014
Masazumi Hattori, Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 102 (448,196)
Citation 31

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Unconventional monetary policy, Tail risk, Event study, Bayesian time-varying parameter VARs

10.

Downsized FX Markets: Causes and Implications

BIS Quarterly Review December 2016
Number of pages: 17 Posted: 22 Dec 2016
Michael Moore, Andreas Schrimpf and Vladyslav Sushko
University of Warwick - Warwick Business School, Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 341 (152,728)
Citation 10

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11.

FX Trade Execution: Complex and Highly Fragmented

BIS Quarterly Review, December 2019
Number of pages: 13 Posted: 17 Dec 2019
Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 333 (156,668)
Citation 7

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12.

The Hunt for Duration: Not Waving but Drowning?

Downloads 330 (158,227)
Citation 49

The Hunt for Duration: Not Waving but Drowning?

BIS Working Paper No. 519
Number of pages: 52 Posted: 01 Mar 2017
Dietrich Domanski, Hyun Song Shin and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 202 (257,101)
Citation 22

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Long-Term Yield Compression, Insurance Sector, Liability-Driven Investment, Duration Mismatch

The Hunt for Duration: Not Waving But Drowning?

BIS Working Paper No. 519
Number of pages: 48 Posted: 12 Oct 2015
Dietrich Domanski, Hyun Song Shin and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 128 (378,485)

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long-term yield compression, insurance sector, liability-driven investment, duration mismatch

13.

Dollar Credit to Emerging Market Economies

BIS Quarterly Review December 2015
Number of pages: 15 Posted: 08 Dec 2015
Robert N. McCauley, Robert N. McCauley, Patrick McGuire and Vladyslav Sushko
University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 327 (159,832)
Citation 5

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14.

FX Spot and Swap Market Liquidity Spillovers

Downloads 323 (161,920)
Citation 7

FX Spot and Swap Market Liquidity Spillovers

WBS Finance Group Research Paper No. 243
Number of pages: 65 Posted: 28 Dec 2017 Last Revised: 25 Jun 2021
Ingomar Krohn and Vladyslav Sushko
Bank of Canada and Bank for International Settlements (BIS)
Downloads 246 (213,013)
Citation 5

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Foreign Exchange, Market liquidity, Funding liquidity, Microstructure, Dealer activity, Window dressing

FX Spot and Swap Market Liquidity Spillovers

BIS Working Paper No. 836
Number of pages: 58 Posted: 12 Feb 2020
Ingomar Krohn and Vladyslav Sushko
Bank of Canada and Bank for International Settlements (BIS)
Downloads 77 (537,007)
Citation 3

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foreign exchange, market and funding liquidity, microstructure, dealer activity, window dressing

15.

Impact of Macroeconomic Surprises on Carry Trade Activity

Number of pages: 35 Posted: 07 Oct 2010 Last Revised: 21 Dec 2011
Michael M. Hutchison and Vladyslav Sushko
University of California, Santa Cruz - Department of Economics and Bank for International Settlements (BIS)
Downloads 235 (223,625)
Citation 3

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Macroeconomic News, Risk Reversals, Foreign Exchange Futures, Carry Trade

16.

Global Dollar Credit: Links to US Monetary Policy and Leverage

BIS Working Paper No. 483
Number of pages: 36 Posted: 22 Jan 2015
Robert N. McCauley, Robert N. McCauley, Patrick McGuire and Vladyslav Sushko
University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 183 (281,353)
Citation 8

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US dollar, offshore credit, interest rate differentials, leverage, bond fund flows, policy rates, term premium, unconventional monetary policy

17.

Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios

Number of pages: 53 Posted: 07 Jul 2011 Last Revised: 13 Jan 2012
Vladyslav Sushko, Makoto Nirei and Theodoros G. Stamatiou
Bank for International Settlements (BIS), University of Tokyo and Eurobank Ergasias SA - Division of Research and Forecasting
Downloads 116 (405,784)

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Stochastic Behavior, Herding, Interacting Agents, Fat Tails

18.

Rethinking the Lender of Last Resort: Workshop Summary

BIS Paper No. 79a
Number of pages: 9 Posted: 08 Oct 2014
Dietrich Domanski and Vladyslav Sushko
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 107 (430,301)

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19.

Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios

BIS Working Paper No. 371
Number of pages: 56 Posted: 24 Feb 2012
Makoto Nirei, Theodoros G. Stamatiou and Vladyslav Sushko
University of Tokyo, Eurobank Ergasias SA - Division of Research and Forecasting and Bank for International Settlements (BIS)
Downloads 106 (433,120)

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Stochastic Behavior, Herding, Interacting Agents, Fat Tails

20.

Financial Sector Ups and Downs and the Real Sector: Big Hindrance, Little Help

Downloads 90 (486,449)

Financial Sector Ups and Downs and the Real Sector: Big Hindrance, Little Help

World Bank Policy Research Working Paper No. 5860
Number of pages: 40 Posted: 20 Apr 2016
Joshua Aizenman, Brian Pinto and Vladyslav Sushko
University of Southern California - Department of Economics, Independent and Bank for International Settlements (BIS)
Downloads 54 (655,238)

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Economic Theory & Research, Achieving Shared Growth, Emerging Markets, Currencies and Exchange Rates, Debt Markets

Financial Sector Ups and Downs and the Real Sector: Up by the Stairs, Down by the Parachute

NBER Working Paper No. w17530
Number of pages: 47 Posted: 22 Oct 2011 Last Revised: 27 May 2023
Joshua Aizenman, Brian Pinto and Vladyslav Sushko
University of Southern California - Department of Economics, Independent and Bank for International Settlements (BIS)
Downloads 36 (770,125)

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21.

Bank Capital Shock Propagation Via Syndicated Interconnectedness

BIS Working Paper No. 484
Number of pages: 44 Posted: 29 Jan 2015
Makoto Nirei, Julián Caballero and Vladyslav Sushko
University of Tokyo, Inter-American Development Bank (IDB) - Research Department and Bank for International Settlements (BIS)
Downloads 74 (542,964)

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Syndicated lending, systemic risk, network externalities, value at risk, bank capital shocks, rare event risk

22.

Financial Sector Ups and Downs and the Real Sector in the Open Economy: Up by the Stairs, Down by the Parachute

BIS Working Paper No. 411
Number of pages: 39 Posted: 16 May 2013
Joshua Aizenman, Brian Pinto and Vladyslav Sushko
University of Southern California - Department of Economics, Independent and Bank for International Settlements (BIS)
Downloads 54 (636,975)
Citation 5

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financial cycles, financial and trade openness, real transmission of financial shocks, foreign exchange reserves

23.

From the Great Moderation to the Global Crisis: Exchange Market Pressure in the 2000s

NBER Working Paper No. w16447
Number of pages: 39 Posted: 12 Oct 2010 Last Revised: 11 Jun 2023
Joshua Aizenman, Jaewoo Lee and Vladyslav Sushko
University of Southern California - Department of Economics, International Monetary Fund (IMF) - Research Department and Bank for International Settlements (BIS)
Downloads 47 (676,768)

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24.

Cross-Border Commercial Real Estate Investment in Asia-Pacific

BIS Quarterly Review, September 2020
Number of pages: 16 Posted: 11 Feb 2022
Ilhyock Shim, Vladyslav Sushko and Xiaoxi Liu
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 46 (682,849)
Citation 1

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Commercial real estate, Asia-Pacific, cross-border investment

25.

Investment and Growth in Rich and Poor Countries

NBER Working Paper No. w17788
Number of pages: 29 Posted: 28 Jan 2012 Last Revised: 08 Feb 2023
Yin-Wong Cheung, Michael P. Dooley and Vladyslav Sushko
University of California, Santa Cruz - Department of Economics, University of California at Santa Cruz and Bank for International Settlements (BIS)
Downloads 36 (749,899)

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26.

Capital Flow Types, External Financing Needs, and Industrial Growth: 99 Countries, 1991-2007

NBER Working Paper No. w17228
Number of pages: 30 Posted: 16 Jul 2011 Last Revised: 28 Jan 2023
Joshua Aizenman and Vladyslav Sushko
University of Southern California - Department of Economics and Bank for International Settlements (BIS)
Downloads 36 (749,899)

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27.

Capital Flows: Catalyst or Hindrance to Economic Takeoffs?

NBER Working Paper No. w17258
Number of pages: 36 Posted: 29 Jul 2011 Last Revised: 27 Feb 2022
Joshua Aizenman and Vladyslav Sushko
University of Southern California - Department of Economics and Bank for International Settlements (BIS)
Downloads 24 (854,798)

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28.

Outward portfolio investment and dollar funding in emerging Asia

BIS Quarterly Review, December 2021
Number of pages: 15 Posted: 16 Feb 2022
Patrick McGuire, Ilhyock Shim, Hyun Song Shin and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 20 (892,167)

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Institutional investors, asset managers, FX hedging, dollar funding, emerging Asia