Claudio E. V. Borio

Bank for International Settlements (BIS) - Research and Policy Analysis

CH-4002 Basel, Basel-Stadt

Switzerland

SCHOLARLY PAPERS

79

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48,927

SSRN CITATIONS
Rank 263

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Top 263

in Total Papers Citations

1,097

CROSSREF CITATIONS

1,971

Scholarly Papers (79)

1.

Asset Prices, Financial and Monetary Stability: Exploring the Nexus

BIS Working Paper No. 114
Number of pages: 47 Posted: 13 Dec 2005
Claudio E. V. Borio and Philip William Lowe
Bank for International Settlements (BIS) - Research and Policy Analysis and Reserve Bank of Australia
Downloads 4,394 (3,093)
Citation 82

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2.

Global Imbalances and the Financial Crisis: Link or No Link?

BIS Working Paper No. 346
Number of pages: 43 Posted: 08 Jun 2011
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 2,713 (6,917)
Citation 193

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global imbalances, saving glut, money, credit, capital flows, current account, interest rates, financial crisis

3.

Globalisation and Inflation: New Cross-Country Evidence on the Global Determinants of Domestic Inflation

BIS Working Paper No. 227
Number of pages: 54 Posted: 25 Sep 2007
Claudio E. V. Borio and Andrew J. Filardo
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 2,170 (9,877)
Citation 176

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globalisation, Phillips curve, inflation, monetary policy

4.

Assessing the Risk of Banking Crises – Revisited

BIS Quarterly Review, March 2009
Number of pages: 18 Posted: 25 Jul 2012
Claudio E. V. Borio and Mathias Drehmann
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 1,759 (13,896)
Citation 42

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5.

The Systemic Importance of Financial Institutions

BIS Quarterly Review, September 2009
Number of pages: 13 Posted: 01 Aug 2012
Nikola A. Tarashev, Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 1,643 (15,450)
Citation 1

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6.

Attributing Systemic Risk to Individual Institutions

BIS Working Paper No. 308
Number of pages: 29 Posted: 28 Jun 2010 Last Revised: 03 Nov 2013
Nikola A. Tarashev, Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 1,545 (16,959)
Citation 87

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Systemic Importance, Macroprudential Approach, Shapley Value

7.

Whither Monetary and Financial Stability? The Implications of Evolving Policy Regimes

BIS Working Paper No. 147
Number of pages: 51 Posted: 20 Sep 2007
Claudio E. V. Borio and William R. White
Bank for International Settlements (BIS) - Research and Policy Analysis and Independent
Downloads 1,498 (17,743)
Citation 131

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8.

Characterising the Financial Cycle: Don't Lose Sight of the Medium Term!

BIS Working Paper No. 380
Number of pages: 44 Posted: 18 Jun 2012 Last Revised: 13 May 2014
Mathias Drehmann, Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 1,440 (18,826)
Citation 27

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financial cycle, business cycle, credit, asset prices, financial crises, medium-term

Monetary Policy and Financial Stability: What Role in Prevention and Recovery?

BIS Working Paper No. 440
Number of pages: 25 Posted: 27 Feb 2014
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 1,100 (27,696)
Citation 2

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financial cycle, balance sheet recessions, expectations gap, time inconsistency, regime shifts

Monetary Policy and Financial Stability: What Role in Prevention and Recovery?

Capitalism and Society, Vol. 9, No. 2, Article 1, 2014
Number of pages: 28 Posted: 12 Nov 2014
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 292 (145,808)
Citation 6

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10.

The Financial Turmoil of 2007-?: A Preliminary Assessment and Some Policy Considerations

BIS Working Paper No. 251
Number of pages: 34 Posted: 14 May 2008
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 1,366 (20,352)
Citation 73

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Financial turmoil, risk, liquidity, prudential regulation, accounting, ratings, monetary policy

11.

Countercyclical Capital Buffers: Exploring Options

BIS Working Paper No. 317
Number of pages: 64 Posted: 27 Jul 2010
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS), Banco de España and Banco de España
Downloads 1,319 (21,456)
Citation 106

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countercyclical capital buffers, financial stability, procyclicality

12.

Towards an Operational Framework for Financial Stability: 'Fuzzy' Measurement and Its Consequences

BIS Working Paper No. 284
Number of pages: 50 Posted: 20 Aug 2009
Claudio E. V. Borio and Mathias Drehmann
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 1,312 (21,630)
Citation 131

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financial (in)stability, risk measurement, macroprudential, procyclicality

13.

Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism?

BIS Working Paper No. 268
Number of pages: 45 Posted: 27 Jan 2009
Claudio E. V. Borio and Haibin Zhu
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 1,289 (22,230)
Citation 353

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risk-taking channel, transmission mechanism, capital regulation, procyclicality

14.

What Can (Macro-) Prudential Policy do to Support Monetary Policy?

BIS Working Paper No. 242
Number of pages: 44 Posted: 16 Apr 2008
Claudio E. V. Borio and Ilhyock Shim
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 1,262 (22,959)
Citation 83

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financial stability, price stability, financial imbalances, macroprudential, financial regulation and supervision, monetary policy

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 1,006 (31,400)
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 173 (240,078)

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

16.

Towards a Macroprudential Framework for Financial Supervision and Regulation?

BIS Working Paper No. 128
Number of pages: 26 Posted: 13 Dec 2005
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 1,134 (26,847)
Citation 83

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financial stability, systemic risk, macroprudential, microprudential, financial regulation, financial imbalances

17.

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 882 (38,375)
Citation 16

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18.

Why So Low for So Long? A Long-Term View of Real Interest Rates

BIS Working Paper No. 685
Number of pages: 73 Posted: 20 Dec 2017
Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand, Bank of Finland and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 823 (42,221)
Citation 1

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real interest rate, natural interest rate, saving, investment, inflation, monetary policy

19.
Downloads 812 ( 42,993)
Citation 58

Unconventional Monetary Policies: An Appraisal

BIS Working Paper No. 292
Number of pages: 37 Posted: 26 Jan 2010
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 429 (95,222)
Citation 66

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unconventional monetary policy, balance sheet policy, credit policy, quantitative easing, credit easing, monetary policy implementation, transmission mechanism, interest rates

Unconventional Monetary Policies: An Appraisal

BIS Working Paper No. 292
Number of pages: 37 Posted: 23 Nov 2009
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 381 (109,227)
Citation 21

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unconventional monetary policy, balance sheet policy, credit policy, quantitative easing, credit easing, monetary policy implementation, transmission mechanism, interest rates

Unconventional Monetary Policies: An Appraisal

The Manchester School, Vol. 78, Issue s1, pp. 53-89, September 2010
Number of pages: 37 Posted: 10 Aug 2010
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 2 (913,434)

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20.

Accounting, Prudential Regulation and Financial Stability: Elements of a Synthesis

BIS Working Paper No. 180
Number of pages: 38 Posted: 20 Sep 2007
Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 685 (53,886)
Citation 10

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financial reporting, accounting, disclosure, risk management, prudential regulation, financial stability, information

21.

The Response of Short-Term Bank Lending Rates to Policy Rates: A Cross-Country Perspective

BIS Working Paper No. 27
Number of pages: 58 Posted: 13 Dec 2005
Claudio E. V. Borio and Wilhelm Fritz
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 682 (54,201)
Citation 72

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22.

Is Monetary Policy Less Effective When Interest Rates are Persistently Low?

BIS Working Paper No. 628
Number of pages: 33 Posted: 29 Apr 2017
Claudio E. V. Borio and Boris Hofmann
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 678 (54,802)
Citation 1

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monetary policy, low interest rates, balance-sheet recession, monetary transmission

23.

Capital Flows and the Current Account: Taking Financing (More) Seriously

BIS Working Paper No. 525
Number of pages: 50 Posted: 22 Oct 2015
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 669 (55,542)
Citation 13

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capital flows, current account, global imbalances, financial integration, credit, finance, money

24.

The Influence of Monetary Policy on Bank Profitability

BIS Working Paper No. 514
Number of pages: 36 Posted: 02 Oct 2015
Claudio E. V. Borio, Leonardo Gambacorta and Boris Hofmann
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 668 (55,643)
Citation 39

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monetary policy, bank profitability, financial crisis

25.

Securing Sustainable Price Stability: Should Credit Come Back from the Wilderness?

BIS Working Paper No. 157
Number of pages: 51 Posted: 20 Sep 2007
Claudio E. V. Borio and Philip William Lowe
Bank for International Settlements (BIS) - Research and Policy Analysis and Reserve Bank of Australia
Downloads 615 (61,961)
Citation 126

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26.

The Financial Cycle and Macroeconomics: What Have We Learnt?

BIS Working Paper No. 395
Number of pages: 39 Posted: 05 Jan 2013 Last Revised: 13 May 2014
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 609 (62,627)
Citation 65

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financial cycle, business cycle, medium term, financial crises, monetary economy, balance sheet recessions, balance sheet repair

27.

Anchoring Countercyclical Capital Buffers: The Role of Credit Aggregates

BIS Working Paper No. 355
Number of pages: 39 Posted: 14 Nov 2011
Mathias Drehmann, Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 591 (65,024)
Citation 18

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countercyclical capital buffers, financial stability, procyclicality

28.

Implementing a Macroprudential Framework: Blending Boldness and Realism

Capitalism and Society, Vol. 6, Issue 1, Article 1, 2011
Number of pages: 25 Posted: 29 Jan 2013
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 538 (73,237)
Citation 5

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macroprudential, microprudential, systemic risk, regulation and supervision

29.

Central Banking Post-Crisis: What Compass for Uncharted Waters?

BIS Working Paper No. 353
Number of pages: 23 Posted: 19 Oct 2011
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 525 (75,451)
Citation 3

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central banking, monetary and financial stability, macroprudential, own-house-in-order doctrine, operational independence

30.

Market Distress and Vanishing Liquidity: Anatomy and Policy Options

BIS Working Paper No. 158
Number of pages: 35 Posted: 20 Sep 2007
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 519 (76,533)
Citation 35

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Rediscovering the Macroeconomic Roots of Financial Stability Policy: Journey, Challenges and a Way Forward

BIS Working Paper No. 354
Number of pages: 37 Posted: 19 Oct 2011
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 514 (76,693)
Citation 8

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financial (in)stability, systemic risk, capital, liquidity, monetary policy, monetary economy

Rediscovering the Macroeconomic Roots of Financial Stability Policy: Journey, Challenges, and a Way Forward

Annual Review of Financial Economics, Vol. 3, pp. 87-117, 2011
Posted: 10 Jan 2012
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis

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32.

Risk in Financial Reporting: Status, Challenges and Suggested Directions

BIS Working Paper No. 213
Number of pages: 28 Posted: 20 Sep 2007
Claudio E. V. Borio and Kostas Tsatsaronis
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 509 (78,377)
Citation 6

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Accounting, financial reporting, regulation, risk measurement and management

33.

Monetary Policy, the Financial Cycle and Ultralow Interest Rates

Bank of Finland Research Discussion Paper No. 24/2016
Number of pages: 65 Posted: 15 Aug 2016 Last Revised: 18 Nov 2021
Mikael Juselius, Claudio E. V. Borio, Piti Disyatat and Mathias Drehmann
Bank of Finland, Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand and Bank for International Settlements (BIS)
Downloads 476 (84,981)
Citation 5

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34.

Early Warning Indicators of Banking Crises: Expanding the Family

BIS Quarterly Review, March 2018
Number of pages: 17 Posted: 13 Mar 2018
Iñaki Aldasoro, Claudio E. V. Borio and Mathias Drehmann
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 458 (89,017)
Citation 17

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35.

The Costs of Deflations: A Historical Perspective

BIS Quarterly Review March 2015
Number of pages: 24 Posted: 01 Apr 2015
Claudio E. V. Borio, Magdalena Erdem, Andrew J. Filardo and Boris Hofmann
Bank for International Settlements (BIS) - Research and Policy Analysis, 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 453 (90,122)
Citation 2

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36.

Labour Reallocation and Productivity Dynamics: Financial Causes, Real Consequences

BIS Working Paper No. 534
Number of pages: 39 Posted: 06 Jan 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 451 (90,593)
Citation 9

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Labour reallocation, productivity, credit booms, financial crises, hysteresis

37.

Rethinking Potential Output: Embedding Information About the Financial Cycle

BIS Working Paper No. 404
Number of pages: 35 Posted: 12 Apr 2013 Last Revised: 10 May 2014
Claudio E. V. Borio, Piti Disyatat and Mikael Juselius
Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 399 (104,418)
Citation 17

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Potential output, output gap, financial cycle, monetary policy, fiscal policy

38.

The International Monetary and Financial System: Its Achilles Heel and What to Do About it

BIS Working Paper No. 456
Number of pages: 33 Posted: 12 Sep 2014
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 395 (105,639)
Citation 2

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excess financial elasticity, excess saving, safe assets shortage, financial crises

39.

The Changing Borders of Banking: Trends and Implications

BIS Working Paper No. 23
Number of pages: 42 Posted: 13 Dec 2005
Claudio E. V. Borio and Renato Filosa
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 392 (106,543)
Citation 13

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40.

A Tale of Two Perspectives: Old or New Challenges for Monetary Policy?

BIS Working Paper No. 127
Number of pages: 66 Posted: 13 Dec 2005
Claudio E. V. Borio, William B. English and Andrew J. Filardo
Bank for International Settlements (BIS) - Research and Policy Analysis, Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 389 (107,529)
Citation 52

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inflation, business fluctuations, monetary stability, financial stability, financial imbalances, monetary policy

41.

The Financial Cycle and Recession Risk

BIS Quarterly Review December 2018
Number of pages: 13 Posted: 29 Jan 2019
Claudio E. V. Borio, Mathias Drehmann and Fan Dora Xia
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 373 (112,683)
Citation 6

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42.

The International Monetary and Financial System: A Capital Account Historical Perspective

BIS Working Paper No. 457
Number of pages: 32 Posted: 12 Sep 2014
Claudio E. V. Borio, Harold James and Hyun Song Shin
Bank for International Settlements (BIS) - Research and Policy Analysis, Princeton University - Department of History and Bank for International Settlements (BIS)
Downloads 370 (113,746)
Citation 1

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excess financial elasticity, banking glut, current account, capital account, financial cycle, financial crises

43.

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, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center and Bank for International Settlements (BIS)
Downloads 359 (118,030)
Citation 9

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44.

Assessing New Perspectives on Country Risk

BIS Quarterly Review, December 2004
Number of pages: 20 Posted: 14 May 2012 Last Revised: 29 Sep 2013
Claudio E. V. Borio and Frank Packer
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 353 (119,884)
Citation 1

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45.

Stress-Testing Macro Stress Testing: Does it Live Up to Expectations?

BIS Working Paper No. 369
Number of pages: 28 Posted: 24 Feb 2012
Claudio E. V. Borio, Mathias Drehmann and Kostas Tsatsaronis
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 335 (126,919)
Citation 19

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stress tests, financial instability, macroprudential

46.

Fiscal Sustainability and the Financial Cycle

BIS Working Paper No. 552
Number of pages: 30 Posted: 08 Apr 2016
Claudio E. V. Borio, Marco J. Lombardi and Fabrizio Zampolli
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) - Monetary and Economic Department and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 333 (127,759)

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financial cycle, financial crisis, cyclically adjusted fiscal balance

47.

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, University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center and Bank for International Settlements (BIS)
Downloads 323 (132,323)
Citation 11

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48.

One Hundred and Thirty Years of Central Bank Cooperation: A Bis Perspective

BIS Working Paper No. 197
Number of pages: 46 Posted: 20 Sep 2007
Claudio E. V. Borio and Gianni Toniolo
Bank for International Settlements (BIS) - Research and Policy Analysis and University of Rome Tor Vergata - Faculty of Economics
Downloads 320 (133,144)
Citation 18

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central bank, cooperation, Bank for International Settlements (BIS), monetary and financial stability, gold standard, Bretton Woods

49.

Unconventional Monetary Policies: A Re-Appraisal

BIS Working Paper No. 570
Number of pages: 49 Posted: 20 Jul 2016
Claudio E. V. Borio and Anna Zabai
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 319 (133,555)
Citation 12

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unconventional monetary policies, balance sheet policies, forward guidance, negative interest rates

50.

Change and Constancy in the Financial System: Implications for Financial Distress and Policy

BIS Working Paper No. 237
Number of pages: 27 Posted: 19 Oct 2007
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 313 (136,267)
Citation 2

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Financial revolution, financial instability, risk, liquidity, financial regulation, speed limits

51.

Monetary and Prudential Policies at a Crossroads? New Challenges in the New Century

BIS Working Paper No. 216
Number of pages: 34 Posted: 20 Sep 2007
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 311 (137,199)
Citation 52

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Monetary and financial stability, globalisation, financial imbalances, liquidity, business fluctuations, prudential and monetary policy

Resolving the Financial Crisis: Are We Heeding the Lessons from the Nordics?

BIS Working Paper No. 311
Number of pages: 51 Posted: 28 Jun 2010
Claudio E. V. Borio, Bent Vale and Goetz von Peter
Bank for International Settlements (BIS) - Research and Policy Analysis, Norges Bank (Central bank of Norway) and Bank for International Settlements - Research and Policy Analysis
Downloads 170 (243,726)
Citation 18

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Crisis Management and Resolution, Principles For Successful Resolution, Nordic Countries, Fair Value and Amortised Cost Accounting, Mark to Market Losses

Resolving the Financial Crisis: Are We Heeding the Lessons from the Nordics?

Norges Bank Working Paper 2010/17
Number of pages: 50 Posted: 09 Sep 2010
Claudio E. V. Borio, Bent Vale and Goetz von Peter
Bank for International Settlements (BIS) - Research and Policy Analysis, Norges Bank (Central bank of Norway) and Bank for International Settlements - Research and Policy Analysis
Downloads 138 (289,335)

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Crisis management and resolution, principles for successful resolution, Nordic

53.

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 277 (154,640)
Citation 3

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housing prices, asset bubbles

54.

Back to the Future? Assessing the Deflation Record

BIS Working Paper No. 152
Number of pages: 61 Posted: 20 Sep 2007
Claudio E. V. Borio and Andrew J. Filardo
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 235 (181,809)
Citation 19

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55.

Monetary Policy Operating Procedures in Industrial Countries

BIS Working Paper No. 40
Number of pages: 94 Posted: 13 Dec 2005
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 223 (191,035)
Citation 33

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56.

Monetary Operations and the Financial Turmoil

BIS Quarterly Review, March 2008
Number of pages: 16 Posted: 08 Jul 2012
Claudio E. V. Borio and William R. Nelson
Bank for International Settlements (BIS) - Research and Policy Analysis and Board of Governors of the Federal Reserve System
Downloads 213 (199,461)

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57.

A Parsimonious Approach to Incorporating Economic Information in Measures of Potential Output

BIS Working Paper No. 442
Number of pages: 40 Posted: 27 Feb 2014
Claudio E. V. Borio, Piti Disyatat and Mikael Juselius
Bank for International Settlements (BIS) - Research and Policy Analysis, International Monetary Fund (IMF) - Research Department and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 210 (202,123)
Citation 3

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Potential output, output gap, Phillips curve, financial cycle

58.

Monetary Policy and Bank Lending in a Low Interest Rate Environment: Diminishing Effectiveness?

BIS Working Paper No. 612
Number of pages: 33 Posted: 28 Feb 2017
Claudio E. V. Borio and Leonardo Gambacorta
Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS)
Downloads 198 (213,315)
Citation 19

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Bank lending, monetary transmission mechanisms, low interest rate environment

Bank Intermediation Activity in a Low Interest Rate Environment

BIS Working Paper No. 807
Number of pages: 31 Posted: 09 Sep 2019
Michael Brei, Leonardo Gambacorta and Claudio E. V. Borio
Université de Lille, Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 174 (238,897)
Citation 1

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monetary policy, bank business models, financial crisis

Bank Intermediation Activity in a Low Interest Rate Environment

CEPR Discussion Paper No. DP13980
Number of pages: 31 Posted: 07 Oct 2019
Claudio E. V. Borio, Michael Brei and Leonardo Gambacorta
Bank for International Settlements (BIS) - Research and Policy Analysis, Université de Lille and Bank for International Settlements (BIS)
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Citation 7
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bank business models, financial crisis, monetary policy

60.

The Structure of Credit to the Non-Government Sector and the Transmission Mechanism of Monetary Policy: A Cross-Country Comparison

BIS Working Paper No. 24
Number of pages: 54 Posted: 13 Dec 2005
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 164 (250,798)
Citation 16

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61.

Monetary Policy, the Financial Cycle and Ultra-Low Interest Rates

BIS Working Paper No. 569
Number of pages: 66 Posted: 20 Jul 2016
Mikael Juselius, Claudio E. V. Borio, Piti Disyatat and Mathias Drehmann
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand and Bank for International Settlements (BIS)
Downloads 163 (252,137)
Citation 8

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natural interest rate, financial cycle, monetary policy, credit, business cycle

62.

The Globalisation of Inflation: The Growing Importance of Global Value Chains

BIS Working Paper No. 602
Number of pages: 29 Posted: 10 Jan 2017
Raphael Auer, Claudio E. V. Borio and Andrew J. Filardo
Swiss National Bank, Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 160 (256,180)

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globalisation, inflation, Phillips curve, monetary policy, global value chain, production structure, international inflation synchronisation, input-ouput linkages, supply chain

63.

Predicting Recessions: Financial Cycle versus Term Spread

BIS Working Paper No. 818
Number of pages: 29 Posted: 14 Oct 2019
Claudio E. V. Borio, Mathias Drehmann and Fan Dora Xia
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank for International Settlements (BIS) and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 151 (268,463)
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financial cycle, term spread, recession risk, panel probit mode

64.

Global and Domestic Financial Cycles: Variations on a Theme

BIS Working Paper No. 864
Number of pages: 32 Posted: 15 May 2020
Iñaki Aldasoro, Stefan Avdjiev, Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS), Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 147 (274,348)
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global financial cycle, financial cycle, business cycle, capital flows

65.

Central Banking in Challenging Times

BIS Working Paper No. 829
Number of pages: 29 Posted: 18 Dec 2019
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 146 (275,814)
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central bank independence, globalisation, business cycles, fiscal dominance

66.

The Globalisation of Inflation: The Growing Importance of Global Value Chains

CESifo Working Paper Series No. 6387
Number of pages: 26 Posted: 11 Apr 2017
Raphael Auer, Claudio E. V. Borio and Andrew J. Filardo
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
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globalization, inflation, Phillips curve, monetary policy, global value chain, production structure, international inflation synchronisation, input-output linkages, supply chain

67.

The Great Financial Crisis: Setting Priorities for New Statistics

BIS Working Paper No. 408
Number of pages: 21 Posted: 12 Apr 2013
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
Downloads 143 (280,361)
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Financial crisis, systemic risk, banking statistics, property prices

68.

On Money, Debt, Trust and Central Banking

BIS Working Paper No. 763
Number of pages: 31 Posted: 13 Feb 2019
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
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monetary system, money, debt, payments, trust, monetary stability, financial stability, central bank

69.

Monetary Policy in the Grip of a Pincer Movement

BIS Working Paper No. 706
Number of pages: 39 Posted: 05 Mar 2018
Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand, Bank of Finland and Bank for International Settlements (BIS) - Monetary and Economic Department
Downloads 138 (288,241)
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monetary policy, financial stability, financial cycle, natural interest rate, inflation

70.

The Anatomy of the Bond Market Turbulence of 1994

BIS Working Paper No. 32
Number of pages: 30 Posted: 13 Dec 2005
Claudio E. V. Borio, Robert N. McCauley and Robert N. McCauley
Bank for International Settlements (BIS) - Research and Policy Analysis and University of Oxford - Oxford Centre for Global HistoryBoston University, Global Development Policy Center
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71.

Monetary Policy Hysteresis and the Financial Cycle

BIS Working Paper No. 817
Number of pages: 44 Posted: 08 Oct 2019
Phurichai Rungcharoenkitkul, Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Monetary and Economic Department, Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 132 (298,164)
Citation 5

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monetary policy, financial cycle, money neutrality, hysteresis, natural rate of interest

72.

Post-Crisis International Financial Regulatory Reforms: A Primer

BIS Working Paper No. 859
Number of pages: 69 Posted: 27 Apr 2020
Claudio E. V. Borio, Marc Farag and Nikola A. Tarashev
Bank for International Settlements (BIS) - Research and Policy Analysis, Bank of England - Financial Stability Assessment Division and Bank for International Settlements (BIS) - Monetary and Economic Department
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Citation 3

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bank regulation, CCPs, asset managers, macroprudential

73.

What Anchors for the Natural Rate of Interest?

BIS Working Paper No. 777
Number of pages: 54 Posted: 01 Apr 2019
Claudio E. V. Borio, Piti Disyatat and Phurichai Rungcharoenkitkul
Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand and Bank for International Settlements (BIS) - Monetary and Economic Department
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Real Interest Rate, Natural Interest Rate, Saving, Investment, Inflation, Monetary Policy, Safe Asset Shortage Hypothesis

Ten Propositions About Liquidity Crises

BIS Working Paper No. 293
Number of pages: 27 Posted: 27 Jan 2010
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
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Citation 23

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market and funding liquidity, liquidity crises, deposit insurance, central bank operations, monetary base

Ten Propositions About Liquidity Crises

CESifo Economic Studies, Vol. 56, Issue 1, pp. 70-95, 2010
Posted: 22 Feb 2010
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis

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market and funding liquidity, liquidity crises, deposit insurance, central bank operations, monetary base

75.

Financial Arrangements, Soft Budget Constraints and Inflation: Lessons from the Yugoslav Experience

BIS Working Paper No. 15
Number of pages: 48 Posted: 13 Dec 2005
Claudio E. V. Borio
Bank for International Settlements (BIS) - Research and Policy Analysis
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76.

The Globalisation of Inflation: The Growing Importance of Global Value Chains

Globalization and Monetary Policy Institute Working Paper No. 300
Number of pages: 22 Posted: 27 Jan 2017
Raphael Auer, Claudio E. V. Borio and Andrew J. Filardo
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
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77.

Losing traction? The real effects of monetary policy when interest rates are low

Number of pages: 35 Posted: 29 Mar 2022
Rashad Ahmed, Claudio E. V. Borio, Piti Disyatat and Boris Hofmann
U.S. Department of the Treasury - Office of the Comptroller of the Currency, Bank for International Settlements (BIS) - Research and Policy Analysis, Puey Ungphakorn Institute for Economic Research, Bank of Thailand and Bank for International Settlements (BIS) - Monetary and Economic Department
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Monetary policy, low interest rates, monetary transmission mechanism

78.

Global Imbalances and the Financial Crisis: Reassessing the Role of International Finance

Asian Economic Policy Review, Vol. 5, No. 2, pp. 198-216, 2010
Number of pages: 19 Posted: 03 Jan 2011
Claudio E. V. Borio and Piti Disyatat
Bank for International Settlements (BIS) - Research and Policy Analysis and Puey Ungphakorn Institute for Economic Research, Bank of Thailand
Downloads 5 (839,968)
Citation 1

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capital flow, credit, financial crisis, global imbalance, interest rate, saving glut

79.

The Globalisation of Inflation: The Growing Importance of Global Value Chains

CEPR Discussion Paper No. DP11905
Number of pages: 30 Posted: 20 Mar 2017
Raphael Auer, Claudio E. V. Borio and Andrew J. Filardo
Bank for International Settlements (BIS), Bank for International Settlements (BIS) - Research and Policy Analysis and Bank for International Settlements (BIS) - Monetary and Economic Department
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Citation 14
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global value chain, globalisation, inflation, input-ouput linkages, international inflation synchronisation, monetary policy, Phillips curve, production structure, Supply Chain