Hyun Song Shin

          
Contact Details




  
    
Research





 
Biographical





   
Korean Page







Home







































Working Papers

Publications

Google Scholar Profile
Policy Related
Pieces


Book Project

Public Lectures




Global dollar credit and carry trades: a firm-level analysis (with Valentina Bruno) Review of Financial Studies, forthcoming (comment)


Breaking free of the triple coincidence in international finance (with Stefan Avdjiev and Robert McCauley) Economic Policy, forthcoming (comment, comment)


The hunt for duration: not waving but drowning? (with Dietrich Domanski and Vlad Sushko) IMF Economic Review, forthcoming


Comparative assessment of macroprudential policies (with Valentina Bruno and Ilhyock Shim) Journal of Financial Stability, April 2016.


Investor redemptions and fund manager sales of emerging market bonds: how are they related? (with Jimmy Shek and Ilhyock Shim) BIS working paper 509, August 2015



Dynamic Leverage Asset Pricing (with Tobias Adrian and Emanuel Moench)


Risk-Taking Channel of Monetary Policy:  A Global Game Approach (with Stephen Morris) (presentation slides)


Market Tantrums and Monetary Policy (with Michael Feroli, Anil Kashyap and Kim Schoenholtz) paper at 2014 US Monetary Policy Forum, February 2014 (links to press commentary)


Globalization of Corporate Risk-Taking (with Valentina Bruno)


Financial Shocks in Production Chains (with Sebnem Kalemli-OzcanSe-Jik Kim, Bent E. Sorensen and Sevcan Yesiltas) (presentation slides)


The Second Phase of Global Liquidity and Its Impact on Emerging Economies, remarks at 2013 Federal Reserve Bank of San Francisco Asia Economic Policy Conference (presentation slides) (Martin Wolf's comment in FT)


Firms as Surrogate Intermediaries:  Evidence from Emerging Economies (with Laura Yi Zhao)



Commentary on "The Routes into and out of the Zero Lower Bound'' by Robert E. Hall at the 2013 Jackson Hole Symposium


Working Capital, Trade and Macro Fluctuations (with Se-Jik Kim) (May 2013 version) (presentation slides)


Exploring the Dynamics of Global Liquidity (with Sally Chen, Philip Liu, Andrea Maechler, Chris Marsh and Sergejs Saksonovs) IMF working paper 12/246


Procyclical Leverage and Endogenous Risk (with Jon Danielsson and Jean-Pierre Zigrand)


Financing Growth without Banks:  Korean Housing Repo Contract (with Se-Jik Kim)


Risk Appetite and Exchange Rates (with Tobias Adrian and Erkko Etula) (June 2011 version)


Carry Trades, Monetary Policy and Speculative Dynamics (with Guillaume Plantin)


Procyclicality and Monetary Aggregates (with Kwanho Shin) NBER working paper w16836


Financial Intermediation and the Post-Crisis Financial System  BIS working paper 304, presented at the 2009 BIS Annual Conference



Financial Intermediation, Asset Prices, and Macroeconomic Dynamics (with Tobias Adrian and Emanuel Moench) August 2010 version


A Financial System Perspective on Japan's Experience in the Late 1980s (with Masazumi Hattori and Wataru Takahashi) (BOJ 2009 conference version) (August 2010 version) (presentation slides)

Monetary Cycles, Financial Cycles, and the Business Cycle (with Tobias Adrian and Arturo Estrella) (link to paper)

Illiquidity Component of Credit Risk (with Stephen Morris) (link to paper) (presentation slides) (October 2009 version)

Common Belief Foundations of Global Games (with Stephen Morris) (paper)

Measuring Strategic Uncertainty (with Stephen Morris) (pdf file of paper)