Patrick McGuire

Bank for International Settlements (BIS)

CH-4002 Basel, Basel-Stadt

Switzerland

SCHOLARLY PAPERS

43

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8,545

CITATIONS
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in Total Papers Citations

322

Scholarly Papers (43)

1.

Dollar Appreciation in 2008: Safe Haven, Carry Trades, Dollar Shortage and Overhedging

BIS Quarterly Review December 2009
Number of pages: 9 Posted: 07 Aug 2012
Robert N. McCauley and Patrick McGuire
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 1,349 (12,466)
Citation 17

Abstract:

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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: 75 Posted: 02 Feb 2017 Last Revised: 15 Aug 2017
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 384 (69,440)

Abstract:

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

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) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 104 (240,877)

Abstract:

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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, Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 485 (52,745)

Abstract:

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4.

The Architecture of Global Banking: From International to Multinational?

BIS Quarterly Review, March 2010
Number of pages: 13 Posted: 09 Aug 2012
Robert N. McCauley, Patrick McGuire and Goetz von Peter
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 477 (53,924)
Citation 14

Abstract:

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5.

Estimating Hedge Fund Leverage

BIS Working Paper No. 260
Number of pages: 41 Posted: 27 Jan 2009
Patrick McGuire and Kostas Tsatsaronis
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 452 (57,628)
Citation 9

Abstract:

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hedge funds, systemic risk, leverage, style analysis

6.

Evidence of Carry Trade Activity

BIS Quarterly Review, September 2007
Number of pages: 15 Posted: 28 Jun 2012 Last Revised: 29 Sep 2013
Alexandra Heath, Gabriele Galati and Patrick McGuire
Reserve Bank of Australia - Economic Research, De Nederlandsche Bank and Bank for International Settlements (BIS)
Downloads 438 (59,852)
Citation 29

Abstract:

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carry trade, BIS banking statistics

7.

Common Factors in Emerging Market Spreads

BIS Quarterly Review, December 2003
Number of pages: 14 Posted: 30 Apr 2012
Patrick McGuire and Martijn Schrijvers
Bank for International Settlements (BIS) and Independent
Downloads 376 (71,844)
Citation 19

Abstract:

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8.

The US Dollar Shortage in Global Banking and the International Policy Response

BIS Working Paper No. 291
Number of pages: 32 Posted: 21 Oct 2009
Patrick McGuire and Goetz von Peter
Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 350 (78,072)
Citation 37

Abstract:

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international banking, financial crises, funding risk, US dollar shortage, central bank swap lines

9.

Bank Structure, Funding Risk and the Transmission of Shocks Across Countries: Concepts and Measurement

BIS Quarterly Review, September 2010
Number of pages: 17 Posted: 20 Aug 2012
Ingo Fender and Patrick McGuire
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 290 (96,438)
Citation 8

Abstract:

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10.

Systemic Risk in Global Banking: What Can Available Data Tell Us and What More Data are Needed?

BIS Working Paper No. 376
Number of pages: 26 Posted: 12 Apr 2012
Eugenio Cerutti, Stijn Claessens and Patrick McGuire
Johns Hopkins University, Bank for International Settlements and Bank for International Settlements (BIS)
Downloads 286 (97,848)
Citation 5

Abstract:

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systemic risks, banking system, international, contagion, vulnerabilities

11.

Interpreting TARGET2 Balances

BIS Working Paper No. 393
Number of pages: 23 Posted: 05 Jan 2013
Brandeis International Business School, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 285 (98,252)

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payment system, financial crisis, monetary policy, international lending

12.

Toward a Global Risk Map

BIS Working Paper No. 309
Number of pages: 27 Posted: 28 Jun 2010
Stephen G. Cecchetti, Ingo Fender and Patrick McGuire
Brandeis International Business School, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 255 (110,494)
Citation 6

Abstract:

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Risk Map, International Banking, Financial Crises, Yen Carry Trade, Funding Risk

13.

Global Credit and Domestic Credit Booms

BIS Quarterly Review, September 2011
Number of pages: 15 Posted: 03 Sep 2012 Last Revised: 29 Sep 2013
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 237 (119,054)
Citation 6

Abstract:

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14.

The US Dollar Shortage in Global Banking

BIS Quarterly Review, March 2009
Number of pages: 17 Posted: 26 Jul 2012
Bank for International Settlements (BIS), Bank for International Settlements - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 217 (129,904)
Citation 64

Abstract:

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15.

Global Monitoring with the BIS International Banking Statistics

BIS Working Paper No. 244
Number of pages: 29 Posted: 16 Apr 2008
Patrick McGuire and Nikola A. Tarashev
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 211 (133,376)
Citation 9

Abstract:

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international banking, foreign exposures, offshore centres, stress testing, petrodollars, Asian surplus

16.

Assessing Global Liquidity

BIS Quarterly Review, December 2011
Number of pages: 15 Posted: 07 Sep 2012
Dietrich Domanski, Ingo Fender and Patrick McGuire
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 207 (135,793)
Citation 1

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17.

Twin Peaks in Equity and Housing Prices?

BIS Quarterly Review, March 2004
Number of pages: 16 Posted: 19 Oct 2009 Last Revised: 09 Mar 2012
Claudio E. V. Borio and Patrick McGuire
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 176 (157,675)
Citation 28

Abstract:

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housing prices, asset bubbles

18.

Rapid Credit Growth and International Credit: Challenges for Asia

BIS Working Paper No. 377
Number of pages: 28 Posted: 19 Apr 2012
Stefan Avdjiev, Robert N. McCauley and Patrick McGuire
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 173 (160,203)
Citation 1

Abstract:

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international credit, credit booms, cross-border lending, emerging markets

19.

Dollar Credit to Emerging Market Economies

BIS Quarterly Review December 2015
Number of pages: 15 Posted: 08 Dec 2015
Robert N. McCauley, Patrick McGuire and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 172 (160,964)

Abstract:

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20.

European Banks' US Dollar Funding Pressures

BIS Quarterly Review, June 2010
Number of pages: 8 Posted: 16 Aug 2012
Ingo Fender and Patrick McGuire
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 167 (165,158)
Citation 4

Abstract:

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21.

Bank Health and Lending to Emerging Markets

BIS Quarterly Review, December 2008
Number of pages: 14 Posted: 23 Jul 2012 Last Revised: 29 Sep 2013
Patrick McGuire and Nikola A. Tarashev
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 152 (179,035)
Citation 12

Abstract:

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Emerging markets, international banking, financial crisis, foreign bank participation

Bank Ties and Bond Market Access: Evidence on Investment-Cash Flow Sensitivity in Japan

BIS Working Paper No. 151
Number of pages: 52 Posted: 20 Sep 2007
Patrick McGuire
Bank for International Settlements (BIS)
Downloads 124 (211,587)
Citation 4

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Bank Ties and Bond Market Access: Evidence on Investment-Cash Flow Sensitivity in Japan

NBER Working Paper No. w9644
Number of pages: 59 Posted: 26 Apr 2003
Patrick McGuire
Bank for International Settlements (BIS)
Downloads 28 (456,185)
Citation 4

Abstract:

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23.

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, Patrick McGuire and Vladyslav Sushko
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 144 (187,171)

Abstract:

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

Systemic Risks in Global Banking: What Available Data Can Tell Us and What More Data are Needed?

IMF Working Paper No. 11/222
Number of pages: 27 Posted: 28 Sep 2011
Eugenio Cerutti, Stijn Claessens and Patrick McGuire
Johns Hopkins University, Bank for International Settlements and Bank for International Settlements (BIS)
Downloads 136 (196,617)
Citation 5

Abstract:

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Bank credit, Banking systems, Credit risk, Data collection, Financial risk, International banking, International financial system

Systemic Risks in Global Banking: What Available Data Can Tell Us and What More Data are Needed?

NBER Working Paper No. w18531
Number of pages: 27 Posted: 11 Nov 2012
Eugenio Cerutti, Stijn Claessens and Patrick McGuire
Johns Hopkins University, Bank for International Settlements and Bank for International Settlements (BIS)
Downloads 3 (607,221)
Citation 5

Abstract:

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25.

FX Swaps and Forwards: Missing Global Debt?

BIS Quarterly Review September 2017
Number of pages: 18 Posted: 26 Sep 2017
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 123 (212,090)

Abstract:

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26.

Time Varying Exposures and Leverage in Hedge Funds

BIS Quarterly Review, March 2005
Number of pages: 14 Posted: 19 Oct 2009 Last Revised: 09 Mar 2012
Patrick McGuire, Eli M. Remolona and Kostas Tsatsaronis
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 86 (271,070)
Citation 12

Abstract:

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hedge funds, leverage, style analysis

27.

Financial Deglobalisation in Banking?

BIS Working Paper No. 650
Number of pages: 31 Posted: 03 Jul 2017
Bank for International Settlements (BIS), Trinity College (Dublin), Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 70 (305,808)

Abstract:

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Financial globalisation, international banking, consolidation, ownership

28.

The BIS Consolidated Banking Statistics: Structure, Uses and Recent Enhancements

BIS Quarterly Review, September 2005
Number of pages: 14 Posted: 26 May 2012 Last Revised: 29 Sep 2013
Patrick McGuire and Philip D. Wooldridge
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 68 (310,718)
Citation 13

Abstract:

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International banking, BIS banking statistics, country risk, transfer risk

29.

Bank Ties and Firm Performance in Japan: Some Evidence Since FY2002

BIS Working Paper No. 272
Number of pages: 50 Posted: 29 Jul 2009
Patrick McGuire
Bank for International Settlements (BIS)
Downloads 58 (336,931)
Citation 2

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Cross-Shareholding, Main Bank, Japanese Banks, Firm Performance

30.

Tracking International Bank Flows

BIS Quarterly Review, December 2006
Number of pages: 14 Posted: 14 Jun 2012 Last Revised: 29 Sep 2013
Patrick McGuire and Nikola A. Tarashev
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 56 (342,597)
Citation 6

Abstract:

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International banking, international capital flows, global imbalances

31.

The 2011 FDIC Assessment on Banks Managed Liabilities: Interest Rate and Balance-Sheet Responses

BIS Working Paper No. 413
Number of pages: 32 Posted: 20 Jun 2013
Lawrence Kreicher, Robert N. McCauley and Patrick McGuire
Dartmouth College, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 52 (354,826)

Abstract:

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deposit insurance, reserve balances, money markets, federal funds, repo, eurodollars, wholesale funding, flow of funds, large-scale asset purchases, Dodd-Frank

32.

Enhanced Data to Analyse International Banking

BIS Quarterly Review September 2015
Number of pages: 16 Posted: 18 Sep 2015
Stefan Avdjiev, Patrick McGuire and Philip D. Wooldridge
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 49 (364,086)

Abstract:

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33.

Non-US Banks' Claims on the Federal Reserve

BIS Quarterly Review March 2014
Number of pages: 10 Posted: 23 Jun 2014
Robert N. McCauley and Patrick McGuire
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 47 (370,509)

Abstract:

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Supply- and Demand-Side Factors in Global Banking

BIS Working Paper No. 639
Number of pages: 45 Posted: 07 Jun 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 35 (423,612)

Abstract:

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international banking, global financial crisis, supply vs demand shocks, BIS consolidated banking statistics

Supply- and Demand-Side Factors in Global Banking

FRB of NY Staff Report No. 818
Number of pages: 32 Posted: 21 Jun 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 7 (582,051)

Abstract:

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international banking, global financial crisis, supply shocks versus demand shocks, BIS consolidated banking statistics

Supply- and Demand-Side Factors in Global Banking

NBER Working Paper No. w23536
Number of pages: 32 Posted: 26 Jun 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 4 (600,203)
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Supply- and Demand-Side Factors in Global Banking

CEPR Discussion Paper No. DP12091
Number of pages: 34 Posted: 19 Jun 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Supply- and Demand-Side Factors in Global Banking

BIS Working Papers No 639
Posted: 31 May 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics

Abstract:

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International banking, global financial crisis, supply vs demand shocks, BIS consolidated banking statistics

Supply- and Demand-Side Factors in Global Banking

Posted: 01 Jun 2017
Mary Amiti, Patrick McGuire and David E. Weinstein
Federal Reserve Bank of New York, Bank for International Settlements (BIS) and Columbia University - Graduate School of Arts and Sciences - Department of Economics

Abstract:

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International Banking, Global Financial Crisis, Supply vs Demand Shocks, BIS Consolidated Banking Statistics

35.

The Resilience of Banks' International Operations

BIS Quarterly Review March 2016
Number of pages: 14 Posted: 09 Mar 2016
Patrick McGuire and Goetz von Peter
Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 46 (373,796)

Abstract:

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36.

International Prudential Policy Spillovers: A Global Perspective

BIS Working Paper No. 589
Number of pages: 28 Posted: 28 Oct 2016
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 36 (410,088)

Abstract:

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International banking, macroprudential measures, spillovers

37.

A Shift in London's Eurodollar Market

BIS Quarterly Review, September 2004
Number of pages: 12 Posted: 12 May 2012 Last Revised: 29 Sep 2013
Patrick McGuire
Bank for International Settlements (BIS)
Downloads 35 (414,127)
Citation 3

Abstract:

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International banking, international banking centres

38.

Foreign Banks and Credit Conditions in EMEs

BIS Paper No. 91d
Number of pages: 23 Posted: 29 Apr 2017
Torsten Ehlers and Patrick McGuire
Bank for International Settlements (BIS) and Bank for International Settlements (BIS)
Downloads 23 (469,765)

Abstract:

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International banking, foreign banks, Global Financial Crisis, BIS international banking statistics

39.

The Social Value of Policy Signals

BIS Working Paper No. 386
Number of pages: 37 Posted: 02 Oct 2012
Stefan Avdjiev, Patrick McGuire and Nikola A. Tarashev
Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 22 (475,175)

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optimal disclosure, endogenous public signal, strategic complementarity, private information

40.

International Banking Activity Amidst the Turmoil

BIS Quarterly Review, June 2008
Number of pages: 13 Posted: 13 Jul 2012 Last Revised: 29 Sep 2013
Patrick McGuire and Goetz von Peter
Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 20 (486,247)
Citation 5

Abstract:

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Financial crisis, funding risk, international banking

41.

International Banking with the Euro

BIS Quarterly Review, December 2007
Number of pages: 15 Posted: 04 Jul 2012 Last Revised: 29 Sep 2013
Patrick McGuire and Nikola A. Tarashev
Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 19 (491,733)
Citation 2

Abstract:

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International banking, introduction of the euro, banking integration, euro lending

42.

Transmission of Monetary Policy Through Global Banks: Whose Policy Matters?

BIS Working Paper No. 737
Number of pages: 43 Posted: 23 Aug 2018
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) and Bank for International Settlements - Research and Policy Analysis
Downloads 11 (535,640)

Abstract:

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International banking, dollar lending, global funding currency, monetary policy transmission, international spillovers

43.

After the Global Financial Crisis: From International to Multinational Banking?

Journal of Economics and Business, Vol. 64, No. 1, February 2012
Posted: 26 May 2013
Goetz von Peter, Robert N. McCauley and Patrick McGuire
Bank for International Settlements - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS)

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Multinational banking, Global banks, Local operations, Regulatory reform, Basel III, Liquidity regulation