BIS’s Shin links dollar strength to global malaise

Framework could answer many questions economists have struggled with in recent years

Hyun Song Shin: looking to solve economic puzzles

The Bank for International Settlements' (BIS) head of research, Hyun Song Shin, extended his ideas on the breakdown of covered interest parity yesterday (November 15), sketching a framework that could solve a range of current economic puzzles.

Shin's recent research has focused on deviations from covered interest parity (CIP), which he described as possibly "the most secure rule in economics" in remarks to the London School of Economics.

CIP holds that arbitrage will eliminate the spread between

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: