Vladyslav Sushko

Bank for International Settlements (BIS)

Economist

Centralbahnplatz 2

Basel, Basel-Stadt 4002

Switzerland

SCHOLARLY PAPERS

28

DOWNLOADS
Rank 7,815

SSRN RANKINGS

Top 7,815

in Total Papers Downloads

8,116

SSRN CITATIONS
Rank 2,847

SSRN RANKINGS

Top 2,847

in Total Papers Citations

189

CROSSREF CITATIONS

277

Scholarly Papers (28)

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 1,927 (11,621)
Citation 13

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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
Bank for International Settlements (BIS) - Research and Policy Analysis, BlackRock, Inc, 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 963 (32,385)
Citation 41

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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
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 172 (235,480)

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

3.

Covered Interest Parity Lost: Understanding the Cross-Currency Basis

BIS Quarterly Review September 2016
Number of pages: 20 Posted: 05 Oct 2016
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 853 (39,002)
Citation 16

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4.

Beyond LIBOR: A Primer on the New Benchmark Rates

BIS Quarterly Review March 2019
Number of pages: 24 Posted: 07 Mar 2019
Andreas Schrimpf, Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 801 (42,504)
Citation 4

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5.

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 410 (98,564)
Citation 6

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The Response of Tail Risk Perceptions to Unconventional Monetary Policy

Number of pages: 52 Posted: 19 Feb 2015
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 224 (185,116)
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
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 78 (415,957)
Citation 13

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

7.

Downsized FX Markets: Causes and Implications

BIS Quarterly Review December 2016
Number of pages: 17 Posted: 22 Dec 2016
University of Warwick - Warwick Business School, Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 277 (150,768)
Citation 7

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8.

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

Number of pages: 8 Posted: 13 Jan 2021
Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 267 (156,488)
Citation 33

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9.
Downloads 267 (156,488)
Citation 25

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 151 (262,784)
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 116 (321,619)

Abstract:

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

10.
Downloads 255 (163,888)
Citation 5

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 203 (203,280)
Citation 3

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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 52 (512,712)
Citation 2

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

11.

Dollar Credit to Emerging Market Economies

BIS Quarterly Review December 2015
Number of pages: 15 Posted: 08 Dec 2015
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 251 (166,441)
Citation 5

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12.

Sizing Up Global Foreign Exchange Markets

BIS Quarterly Review, December 2019
Number of pages: 18 Posted: 17 Dec 2019
Andreas Schrimpf, Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 233 (178,825)
Citation 1

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13.

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 208 (198,920)
Citation 3

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

14.

Global Dollar Credit: Links to US Monetary Policy and Leverage

BIS Working Paper No. 483
Number of pages: 36 Posted: 22 Jan 2015
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 170 (237,520)
Citation 8

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

15.

FX Trade Execution: Complex and Highly Fragmented

BIS Quarterly Review, December 2019
Number of pages: 13 Posted: 17 Dec 2019
Andreas Schrimpf, Andreas Schrimpf and Vladyslav Sushko
Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University and Bank for International Settlements (BIS)
Downloads 148 (266,386)
Citation 2

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16.

The Foreign Exchange Market

The Research Handbook of Financial Markets, edited by Refet Gürkaynak and Jonathan Wright. Edward Elgar. 2022.
Number of pages: 25 Posted: 06 Apr 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 102 (349,305)

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

17.

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
The University of Tokyo, Eurobank Ergasias SA - Division of Research and Forecasting and Bank for International Settlements (BIS)
Downloads 95 (365,449)

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Stochastic Behavior, Herding, Interacting Agents, Fat Tails

18.

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), The University of Tokyo and Eurobank Ergasias SA - Division of Research and Forecasting
Downloads 94 (367,935)

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Stochastic Behavior, Herding, Interacting Agents, Fat Tails

19.

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 75 (420,646)

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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 37 (587,859)

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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: 26 Nov 2021
Joshua Aizenman, Brian Pinto and Vladyslav Sushko
University of Southern California - Department of Economics, Independent and Bank for International Settlements (BIS)
Downloads 20 (705,821)

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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
The University of Tokyo, Inter-American Development Bank (IDB) - Research Department and Bank for International Settlements (BIS)
Downloads 42 (549,374)

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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 41 (554,322)
Citation 4

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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 Dec 2021
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 29 (620,740)

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24.

Investment and Growth in Rich and Poor Countries

NBER Working Paper No. w17788
Number of pages: 29 Posted: 28 Jan 2012 Last Revised: 07 Feb 2022
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 26 (640,364)

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25.

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 2022
Joshua Aizenman and Vladyslav Sushko
University of Southern California - Department of Economics and Bank for International Settlements (BIS)
Downloads 23 (661,422)

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26.

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 14 (730,663)

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27.

Outward portfolio investment and dollar funding in emerging Asia

BIS Quarterly Review, December 2021
Number of pages: 15 Posted: 16 Feb 2022
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 10 (765,466)

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

28.

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 4 (820,770)

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