November 3, 2025
This paper develops and applies a portfolio-based framework for assessing systemic risk in cross-border banking networks.
September 15, 2025
This working paper examines whether artificial intelligence models could forecast policy rates accurately.
September 4, 2025
This working paper introduces the LSTM multiplier response function, analogous to the impulse response function of a standard linear VAR model.
April 17, 2025
This paper examines Japan’s fiscal position from the perspectives of the standard debt sustainability analysis and the asset pricing approaches.
February 24, 2025
This paper proposes an option-pricing based valuation framework that addresses two key characteristics of biodiversity-linked bonds.
February 24, 2025
Biodiversity-linked bonds (BLBs) are a financial innovation designed to channel private capital into conservation efforts.
October 25, 2024
This paper introduces high-frequency country specific financial stress indices (FSIs) for selected ASEAN+3 economies.
June 12, 2024
This paper develops a mixed-frequency, tree-based, gradient-boosting model designed to assess the default risk of privately held firms in real time.
December 6, 2023
Growing involvement of the traditional banking system with the crypto ecosystem raises concerns about systemic risk and financial stability.
November 24, 2023
Cryptocurrency adoption in emerging markets, especially the ASEAN+3 region, has been strong at both institutional and retail levels.
