US dollar has become ‘risk barometer’ – BIS economists

us-dollar

The US dollar has become increasingly important as a barometer of how willing financial firms are to use their balance sheets to take on risk, research by economists at the Bank for International Settlements finds.

In a working paper, Burcu Erik, Marco Lombardi, Dubravko Mihaljek and Hyun Song Shin note three key changes since the global financial crisis. The growth of assets in the banking sector has been “noticeably subdued”, they say. The negative relationship between volatility as measured

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: http://subscriptions.centralbanking.com/subscribe

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 Central Banking 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: