report January 12, 2022 The premia on state-contingent sovereign debt instruments by Deniz Igan, Taehoon Kim and Antoine LevyThis paper fills this gap in the literature by examining GDP-linked warrants issued by Argentina, Greece and Ukraine.... Bank of International Settlements
report January 11, 2022 Zombies on the brink: Evidence from Japan on the reversal of monetary policy effectiveness by Gee Hee Hong, Deniz Igan and Do LeeThis paper offers a corporate finance perspective on the effects and limitations of unconventional monetary policy.... Bank of International Settlements
report January 10, 2022 Platform-based business models and financial inclusion by Karen Croxson, Jon Frost, Leonardo Gambacorta and Tommaso VallettiWe show that platforms have helped to achieve impressive gains in financial inclusion, both in emerging market and developing economies and in advanced economies such as the United Kingdom.... Bank of International Settlements
report December 16, 2021 Building benchmarks portfolios with decreasing carbon footprints by Eric Jondeau, Benoit Mojon and Luiz Awazu Pereira da SilvaIn this paper, we build portfolios with a progressively falling carbon footprint, which passive investors could use as a new Paris-consistent (PC) benchmark while keeping their risk-adjusted returns at... Bank of International Settlements
report December 16, 2021 Managing banking crises in emerging market economies FSI Insights No 38, December 2021. The latest FSI Insight looks into the strategies that authorities can employ to meet those challenges and the implications for public backstops.... Bank of International Settlements
