Emanuel Kohlscheen

Bank for International Settlements (BIS)

Centralbahnplatz 2

Basel, Basel-Stadt 4002

Switzerland

SCHOLARLY PAPERS

40

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31

CROSSREF CITATIONS

40

Scholarly Papers (40)

1.

The Macroeconomic Spillover Effects of the Pandemic on the Global Economy

Number of pages: 11 Posted: 09 Apr 2020
Emanuel Kohlscheen, Benoît Mojon and Daniel Rees
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 1,868 (12,645)
Citation 18

Abstract:

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COVID-19, spillovers, GDP

2.

Determinants of Bank Profitability in Emerging Markets

BIS Working Paper No. 686
Number of pages: 36 Posted: 24 Jan 2018
Emanuel Kohlscheen, Andrés Murcia Pabón and Julieta Contreras
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 877 (38,815)
Citation 4

Abstract:

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bank profitability, credit, risk premia, emerging markets, interest rates

When the Walk is Not Random: Commodity Prices and Exchange Rates

BIS Working Paper No. 551
Number of pages: 54 Posted: 08 Apr 2016
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University
Downloads 539 (72,464)
Citation 1

Abstract:

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commodities, exchange rates, interest rates

When the Walk is Not Random: Commodity Prices and Exchange Rates

International Journal of Central Banking, vol. 13(2), pages 121-158, June 2017
Number of pages: 38 Posted: 19 Mar 2021
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic DepartmentCREATES - Aarhus University
Downloads 142 (283,570)

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carry; commodities; exchange rate; export

4.

Foreign Exchange Market Intervention in EMEs: What Has Changed?

BIS Quarterly Review September 2016
Number of pages: 16 Posted: 05 Oct 2016
Dietrich Domanski, Emanuel Kohlscheen and Ramon Moreno
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Self employed
Downloads 286 (150,143)
Citation 6

Abstract:

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5.

Housing Market Risks in the Wake of the Pandemic

BIS Bulletin, no. 50 (2022)
Number of pages: 9 Posted: 11 Mar 2022
Deniz Igan, Emanuel Kohlscheen and Phurichai Rungcharoenkitkul
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 241 (177,957)

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asset prices; consumption; house prices; monetary policy; rent; COVID-19 pandemic

6.

The Impact of Monetary Policy on the Exchange Rate: A High Frequency Exchange Rate Puzzle in Emerging Economies

Journal of International Money and Finance, 44, C, 69-96.
Number of pages: 46 Posted: 04 Aug 2013 Last Revised: 16 Mar 2014
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 171 (242,832)
Citation 5

Abstract:

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exchange rate, monetary policy, event study

7.

International Liquidity Swaps: Is the Chiang Mai Initiative Efficiently Pooling Reserves?

International Journal of Finance and Economics, Vol. 13, No. 4, 2008
Number of pages: 24 Posted: 17 May 2006 Last Revised: 10 Apr 2011
Emanuel Kohlscheen and Mark P. Taylor
Bank for International Settlements (BIS) and Washington University in St. Louis - John M. Olin Business School
Downloads 125 (311,419)
Citation 1

Abstract:

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insurance, international reserves, liquidity, sovereign risk, swaps

Residential Investment and Economic Activity: Evidence from the Past Five Decades

BIS Working Paper No. 726
Number of pages: 29 Posted: 11 Jun 2018
Emanuel Kohlscheen, Aaron N. Mehrotra and Dubravko Mihaljek
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 62 (483,338)

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housing markets, residential investment, house prices, business cycles, construction, interest rates, recession forecasts

Residential Investment and Economic Activity: Evidence from the Past Five Decades

International Journal of Central Banking, vol. 16, 6, 287-329, December 2020
Number of pages: 43 Posted: 08 Feb 2021
Emanuel Kohlscheen, Aaron N. Mehrotra and Dubravko Mihaljek
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 61 (487,384)

Abstract:

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housing, investment, house price, monetary policy, business cycle

9.

Labour Markets and Inflation in the Wake of the Pandemic

BIS Bulletin no. 47 (2021)
Number of pages: 9 Posted: 28 Oct 2021
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 116 (328,486)

Abstract:

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globalization, inflation, labor market, unemployment, wage

10.

Emerging Floaters: Pass-Throughs and (Some) New Commodity Currencies

Journal of International Money and Finance, Vol. 29, No. 8, 2010
Number of pages: 42 Posted: 26 Mar 2009 Last Revised: 10 Apr 2011
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 113 (334,564)

Abstract:

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floating, emerging market, pass-through, commodity, exchange rate

11.

Consumption-Led Expansions

BIS Quarterly Review, March 2017
Number of pages: 13 Posted: 20 Mar 2017
Enisse Kharroubi and Emanuel Kohlscheen
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 110 (340,865)

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12.
Downloads 109 (342,934)
Citation 11

Sovereign Risk: Constitutions Rule

Oxford Economic Papers (forthcoming)
Number of pages: 50 Posted: 11 Oct 2005 Last Revised: 28 Aug 2009
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 109 (345,105)
Citation 11

Abstract:

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debt, crises, parliamentary, commitment, sovereign, risk, constitutions, serial default, political institutions, confidence

Sovereign Risk: Constitutions Rule

Oxford Economic Papers, Vol. 62, No. 1, pp. 62-85, 2010
Posted: 22 Dec 2009
Emanuel Kohlscheen
Bank for International Settlements (BIS)

Abstract:

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F30, F34, H63, O16

13.

The Journal Rankings of Central Banks

Study Center Gerzensee Working Paper No. 11.05
Number of pages: 16 Posted: 22 May 2011
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 98 (367,953)

Abstract:

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central banks, citations, economic journals, rankings

14.

The Impact of Monetary Policy on the Exchange Rate: Puzzling Evidence from Three Emerging Economies

Banco Central do Brasil Working Paper Series 259
Number of pages: 33 Posted: 29 Mar 2012
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 87 (396,101)

Abstract:

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exchange rate, monetary policy, event study

15.

Long-Run Determinants of the Brazilian Real: A Closer Look at Commodities

Forthcoming in the International Journal of Finance and Economics, 2014
Number of pages: 31 Posted: 02 Aug 2013 Last Revised: 16 Mar 2014
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 73 (438,042)
Citation 3

Abstract:

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commodities, exchange rate, Brazil, fundamentals

16.

Effects of Carbon Pricing and Other Climate Policies on CO 2 Emissions

CESifo Working Paper No. 9347
Number of pages: 21 Posted: 18 Oct 2021
Emanuel Kohlscheen, Richhild Moessner and Elod Takats
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements
Downloads 71 (444,632)

Abstract:

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climate policies, carbon tax, carbon emission trading system, carbon dioxide, climate change, emissions, energy, environment, growth

17.

Globalisation and the Slope of the Phillips Curve

CESifo Working Paper No. 9383
Number of pages: 10 Posted: 01 Nov 2021
Emanuel Kohlscheen and Richhild Moessner
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 66 (461,832)

Abstract:

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inflation, globalisation, openness, output gap, Phillips curve

18.

The Pass-Through of House Prices to Market Rents

Number of pages: 12 Posted: 13 Apr 2022
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 59 (488,103)

Abstract:

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house prices; housing; inflation; population growth; rent

19.

The Transmission of Monetary Policy in EMEs in a Changing Financial Environment: A Longitudinal Analysis

BIS Working Paper No. 495
Number of pages: 31 Posted: 01 Apr 2015
Emanuel Kohlscheen and Ken Miyajima
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 58 (491,996)
Citation 1

Abstract:

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monetary policy, bank credit, emerging markets, risk premia

20.

Pessimistic Foreign Investors and Turmoil in Emerging Markets: The Case of Brazil in 2002

Number of pages: 21 Posted: 06 Jan 2012 Last Revised: 28 Jun 2014
Sandro C. Andrade and Emanuel Kohlscheen
University of Miami - Department of Finance and Bank for International Settlements (BIS)
Downloads 57 (495,891)

Abstract:

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self-fulfilling crises, sudden stop, capital flows, elections

21.

What Does Machine Learning Say About the Drivers of Inflation?

BIS Working Paper 980
Number of pages: 20 Posted: 18 Nov 2021 Last Revised: 06 Feb 2022
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 55 (504,013)

Abstract:

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expectations; forecast; inflation; machine learning; oil price; output gap; Phillips curve

Globalisation and the Decoupling of Inflation from Domestic Labour Costs

CESifo Working Paper No. 9281
Number of pages: 19 Posted: 03 Sep 2021
Emanuel Kohlscheen and Richhild Moessner
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 45 (559,389)

Abstract:

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competition, globalisation, import penetration, inflation, labour market, pass-through, wage

Globalisation and the Decoupling of Inflation from Domestic Labour Costs

CESifo Working Paper 9281. Update July 2022
Number of pages: 19 Posted: 02 Aug 2022
Emanuel Kohlscheen and Richhild Moessner
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 8 (843,152)

Abstract:

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Competition, globalisation, import penetration, inflation, labour market, wage

23.

Order Flow and the Real: Indirect Evidence of the Effectiveness of Sterilized Interventions

Banco Central do Brasil Working Paper No. 273
Number of pages: 32 Posted: 07 May 2012
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 49 (529,980)
Citation 2

Abstract:

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exchange rate, intervention, order flow

24.

Why are There Serial Defaulters? Quasi-Experimental Evidence from Constitutions

The Journal of Law and Economics, Vol. 50, No. 4, pp. 713-730, November 2007
Number of pages: 28 Posted: 31 Oct 2006 Last Revised: 28 Aug 2009
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 48 (534,566)

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25.
Downloads 43 (558,440)

Debt Bailouts and Constitutions

Number of pages: 38 Posted: 28 Aug 2006
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 42 (575,148)

Abstract:

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bailout, commitment, Constitution, debt, federalism, revenue sharing, soft budget constraint

Debt Bailouts and Constitutions

Economic Inquiry, Vol. 46, Issue 3, pp. 480-492, July 2008
Number of pages: 13 Posted: 08 Sep 2008
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 1 (933,997)

Abstract:

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26.

A Sovereign Debt Model with Trade Credit and Reserves

, Forthcoming
Number of pages: 58 Posted: 31 May 2012
Emanuel Kohlscheen and Stephen A. O'Connell
Bank for International Settlements (BIS) and Swarthmore College - Economics Department
Downloads 36 (595,236)
Citation 7

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27.

Changing Financial Intermediation: Implications for Monetary Policy Transmission

BIS Paper No. 83d
Number of pages: 14 Posted: 24 Nov 2015
Emanuel Kohlscheen and Phurichai Rungcharoenkitkul
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 35 (600,896)

Abstract:

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monetary policy, bank credit, emerging markets, risk premia

28.

What Have Central Banks in EMEs Learned About the International Transmission of Monetary Policy in Recent Years?

BIS Paper No. 78f
Number of pages: 16 Posted: 07 Oct 2014
Joao B. Barroso, Emanuel Kohlscheen and Eduardo J. A. Lima
Government of the Federative Republic of Brazil - Central Bank of Brazil, Bank for International Settlements (BIS) and Government of the Federative Republic of Brazil - Central Bank of Brazil
Downloads 33 (612,698)

Abstract:

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International transmission, yield curve, unconventional monetary policy, tapering, intervention, macroprudential policy

29.

What Can Commercial Property Performance Reveal about Bank Valuations?

Journal of International Money and Finance, Forthcoming
Number of pages: 27 Posted: 02 Dec 2020 Last Revised: 22 Dec 2020
Emanuel Kohlscheen and Előd Takáts
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 29 (637,499)

Abstract:

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asset prices, banks, commercial property, financial stability, real estate

30.

Steady-State Growth

BIS Working Paper No. 812
Number of pages: 20 Posted: 08 Oct 2019
Emanuel Kohlscheen and Jouchi Nakajima
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 25 (665,243)

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economic growth, financial conditions, inflation, monetary policy, potential output, time-varying parameter VAR, trend growth

31.

Moving in Tandem: Bank Provisioning in Emerging Market Economies

BIS Working Paper No. 548
Number of pages: 28 Posted: 09 Mar 2016
Andrés Murcia Pabón and Emanuel Kohlscheen
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 25 (665,243)

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bank credit, provisions, delinquency, emerging market, pro-cyclicality

32.

Quantifying the Role of Interest Rates, the Dollar and COVID in Oil Prices

Number of pages: 18 Posted: 12 Apr 2022 Last Revised: 09 Jun 2022
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 21 (695,667)

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dollar; forecasting; machine learning; oil; risk

33.

Growth, Coal and Carbon Emissions: Economic Overheating and Climate Change

BIS Working Paper no. 937
Number of pages: 23 Posted: 23 Apr 2021
Emanuel Kohlscheen, Richhild Moessner and Előd Takáts
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 21 (695,667)

Abstract:

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carbon dioxide, climate change, coal, emissions, energy, environment, growth, pollution, urbanization

34.

Order Flow and the Real: Indirect Evidence of the Effectiveness of Sterilized Interventions

BIS Working Paper No. 426
Number of pages: 24 Posted: 27 Feb 2014
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 15 (745,036)

Abstract:

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order flow, intervention, exchange rate

35.

Income Inequality and the Depth of Economic Downturns

Economics Letters (forthcoming)
Number of pages: 16 Posted: 26 May 2021
Emanuel Kohlscheen, Marco J. Lombardi and Egon Zakrajsek
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS)
Downloads 13 (763,301)

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consumption, income inequality, recessions, financial crises

36.

Limiting Risk Premia in EMEs: The Role of FX Reserves

Economics Letters, Forthcoming
Number of pages: 13 Posted: 29 Aug 2020 Last Revised: 08 Sep 2020
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 13 (763,301)

Abstract:

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debt, emerging markets, fiscal policy, sovereign risk, international reserves.

37.

Higher Frequency Activity Indicators and Global Bond Portfolio Adjustments

Number of pages: 36 Posted: 18 Nov 2021
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 11 (782,134)

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high-frequency activity, capital flows, emerging markets, investment, portfolio adjustment, output, pro-cyclicality, spillovers

38.

Changing Electricity Markets: Quantifying the Price Effects of Greening the Energy Matrix

CESifo Working Paper No. 9807
Number of pages: 18 Posted: 29 Jun 2022
Emanuel Kohlscheen and Richhild Moessner
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 10 (791,805)

Abstract:

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carbon permit, CO2 emissions, commodities, electricity market, energy, EPEX, machine learning, natural gas, oil, wind energy

39.

Globalisation and the Decoupling Of Inflation from Domestic Labour Costs

Number of pages: 19 Posted: 12 Aug 2022
Emanuel Kohlscheen and Richhild Moessner
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 2 (879,396)

Abstract:

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competition, globalisation, import penetration, inflation, labour market

40.

Why are There Serial Defaulters? Evidence from Constitutions

Journal of Law and Economics, Vol. 50, No. 4, 2007
Posted: 10 Apr 2011
Emanuel Kohlscheen
Bank for International Settlements (BIS)

Abstract:

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default, renegotiation, debt, Constitution, sovereign

Other Papers (1)

Total Downloads: 10
1.

Uma Nota Sobre Erros De Previsão Da Inflação De Curto Prazo

Banco Central do Brasil. Working Paper Series, No. 227
Number of pages: 30 Posted: 01 Apr 2012
Emanuel Kohlscheen
Bank for International Settlements (BIS)
Downloads 10

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previsão, expectativas racionais, expectativas adaptativas, rigidez de informação, racionalidade, inflação