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Most cited papers from Bank for International Settlements

What are the most cited papers from Bank for International Settlements?

The most cited paper from Bank for International Settlements is "Growth Dynamics: The Myth of Economic Recovery" (Valerie Cerra, Sweta Saxena, 2008), with 1,375 citations. Next come "The Separation of Ownership and Control in East Asian Corporations" (1,366) and "Asset Prices, Financial and Monetary Stability: Exploring the Nexus" (1,282).

Showing 50 of 58 papers. Every paper with more than 266 citations is listed.

Most cited papers, sortable by citations and release date
#Paper
1 Growth Dynamics: The Myth of Economic Recovery Valerie Cerra, Sweta Saxena · American Economic Review Mar 2008 1,375
2 The Separation of Ownership and Control in East Asian Corporations Stijn Claessens, Simeon Djankov, Larry H.P. Lang · SSRN Electronic Journal PreprintOpen access 2000 1,366
3 Asset Prices, Financial and Monetary Stability: Exploring the Nexus Claudio E. V. Borio, Philip William Lowe · SSRN Electronic Journal PreprintOpen access 2005 1,282
4 What Drives Bank Competition? Some International Evidence Stijn Claessens, Luc A. Laeven · Journal of money credit and banking Open access 2004 1,177
5 Price Formation and Liquidity in the U.S. Treasury Market: The Response to Public Information Michael J. Fleming, Eli M. Remolona · The Journal of Finance Open access Oct 1999 733
6 MACROPRUDENTIAL POLICY – A LITERATURE REVIEW Gabriele Galati, Richhild Moessner · Journal of Economic Surveys 12 May 2012 706
7 Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism? Claudio E. V. Borio, Haibin Zhu · SSRN Electronic Journal PreprintOpen access 2009 684
8 Relationship and Transaction Lending in a Crisis Patrick G M Bolton, Xavier Freixas, Leonardo Gambacorta et al. · Review of Financial Studies 7 Jun 2016 637
9 Simulation methods to assess the danger of contagion in interbank markets Christian Upper · Journal of Financial Stability 25 Dec 2010 637
10 Explaining Credit Default Swap Spreads with the Equity Volatility and Jump Risks of Individual Firms Benjamin Yibin Zhang, Hao Zhou, Haibin Zhu · Review of Financial Studies Open access 19 Mar 2009 615
11 Global Imbalances and the Financial Crisis: Link or No Link? Claudio E. V. Borio, Piti Disyatat · SSRN Electronic Journal PreprintOpen access 2011 600
12 BigTech and the changing structure of financial intermediation Jon Frost, Leonardo Gambacorta, Yi Huang et al. · Economic Policy Oct 2019 584
13 Interbank tiering and money center banks Ben R. Craig, Goetz von Peter · Journal of Financial Intermediation 22 Feb 2014 568
14 Reassessing the impact of finance on growth Stephen G. Cecchetti, Enisse Kharroubi · RePEc: Research Papers in Economics PreprintOpen access Jul 2012 556
15 Bank risk and monetary policy Yener Altunbaş, Leonardo Gambacorta, David Marqués-Ibáñez · Journal of Financial Stability 7 Aug 2009 555
16 Towards a Macroprudential Framework for Financial Supervision and Regulation? Claudio E. V. Borio · SSRN Electronic Journal PreprintOpen access 2005 552
17 Currency momentum strategies Lukas Menkhoff, Lucio Sarno, Maik Schmeling et al. · Journal of Financial Economics 5 Jul 2012 547
18 Globalisation and Inflation: New Cross-Country Evidence on the Global Determinants of Domestic Inflation Claudio E. V. Borio, Andrew J. Filardo · SSRN Electronic Journal PreprintOpen access 2007 523
19 Determinants and Impact of Sovereign Credit Ratings Richard Martin Cantor, Frank Packer · SSRN Electronic Journal PreprintOpen access 2007 521
20 Liquidity and Leverage Tobias Adrian, Hyun Song Shin · SSRN Electronic Journal PreprintOpen access 2008 466
21 Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area Michael Ehrmann, Leonardo Gambacorta, Patrick Sevestre et al. · SSRN Electronic Journal PreprintOpen access 2010 463
22 An Empirical Comparison of Credit Spreads between the Bond Market and the Credit Default Swap Market Haibin Zhu · Journal of Financial Services Research 13 May 2006 462
23 Rise of the Central Bank Digital Currencies: Drivers, Approaches and Technologies Raphael Auer, Giulio Cornelli, Jon Frost · SSRN Electronic Journal PreprintOpen access 2020 444
24 Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound Jing Cynthia Wu, Fan Dora Xia · SSRN Electronic Journal PreprintOpen access 2013 441
25 Cross-country experiences and policy implications from the global financial crisis Stijn Claessens, Giovanni Dell’Ariccia, Deniz O Igan et al. · Economic Policy Apr 2010 431
26 Optimal Bank Capital David Kenneth Miles, Jing Yang, Gilberto Marcheggiano · The Economic Journal Open access 28 Feb 2012 394
27 Non-monetary news in central bank communication Anna Cieślak, Andreas Schrimpf · Journal of International Economics Open access 14 Feb 2019 389
28 Whither Monetary and Financial Stability? The Implications of Evolving Policy Regimes Claudio E. V. Borio, William R. White · SSRN Electronic Journal PreprintOpen access 2007 378
29 Political connections and preferential access to finance: The role of campaign contributions Stijn Claessens, Erik Feijen, Luc A. Laeven · Journal of Financial Economics Open access 2 Jul 2007 373
30 The bank lending channel: lessons from the crisis Leonardo Gambacorta, David Marqués-Ibáñez · Economic Policy Apr 2011 359
31 Are credit ratings procyclical? Jeffery D. Amato, Craig H. Furfine · Journal of Banking & Finance 10 Aug 2004 349
32 The pricing of carbon risk in syndicated loans: Which risks are priced and why? Torsten Ehlers, Frank Packer, Kathrin de Greiff · Journal of Banking & Finance 25 May 2021 345
33 The financial cycle and macroeconomics: What have we learnt? Claudio E. V. Borio · Journal of Banking & Finance Open access 30 Jul 2013 334
34 Financial Intermediaries and Monetary Economics Tobias Adrian, Hyun Song Shin · SSRN Electronic Journal PreprintOpen access 2009 328
35 Mutual guarantee institutions and small business finance Francesco Columba, Leonardo Gambacorta, Paolo Emilio Mistrulli · Journal of Financial Stability 29 Dec 2009 324
36 Assessing the risk of banking crises - revisited Claudio E. V. Borio, Mathias Drehmann · RePEc: Research Papers in Economics Open access 2009 320
37 Characterising the financial cycle : don't lose sight of the medium term! Mathias Drehmann, Claudio E. V. Borio, Kostas Tsatsaronis · RePEc: Research Papers in Economics PreprintOpen access Jun 2012 317
38 The Impact of Monetary Policy Shocks on Commodity Prices Alessio Anzuini, Marco Jacopo Lombardi, Patrizio Pagano · SSRN Electronic Journal PreprintOpen access 2012 316
39 What drives housing price dynamics: cross-country evidence Kostas Tsatsaronis, Haibin Zhu · RePEc: Research Papers in Economics Open access 2004 316
40 Capital Flows and the Risk-Taking Channel of Monetary Policy Valentina Giulia Bruno, Hyun Song Shin · Journal of Monetary Economics Open access Apr 2013 315
41 The real effects of debt Stephen G. Cecchetti, Madhusudan S. Mohanty, Fabrizio Zampolli · RePEc: Research Papers in Economics PreprintOpen access 29 Aug 2011 311
42 On Expropriation of Minority Shareholders: Evidence from East Asia Stijn Claessens, Joseph P. H. Fan, Simeon Djankov et al. · SSRN Electronic Journal PreprintOpen access 2000 307
43 The Cost Channel of Monetary Transmission Marvin J. Barth, Valerie Ramey · NBER Macroeconomics Annual 2001 306
44 Anchoring Countercyclical Capital Buffers: The Role of Credit Aggregates Mathias Drehmann, Claudio E. V. Borio, Kostas Tsatsaronis Open access 2011 297
45 Uncertainty, Financial Frictions, and Investment Dynamics Simon Gilchrist, Jae Woo Sim, Egon Zakrajšek · SSRN Electronic Journal PreprintOpen access 2014 295
46 “Low-For-Long” interest rates and banks’ interest margins and profitability: Cross-country evidence Stijn Claessens, N. Coleman, Michael S. Donnelly · Journal of Financial Intermediation Open access 17 Jun 2017 292
47 Banking Crises in Emerging Economies: Origins and Policy Options Morris Goldstein, Philip Turner · WORLD SCIENTIFIC eBooks Book chapter 28 Mar 2017 292
48 Countercyclical Capital Buffers: Exploring Options Mathias Drehmann, Claudio E. V. Borio, Leonardo Gambacorta et al. · SSRN Electronic Journal PreprintOpen access 2010 291
49 Carry Trades and Global Foreign Exchange Volatility Lukas Menkhoff, Lucio Sarno, Maik Schmeling et al. · The Journal of Finance 27 Mar 2012 287
50 Financial crisis, US unconventional monetary policy and international spillovers Qianying Chen, Andrew J. Filardo, Dong He et al. · Journal of International Money and Finance 24 Jun 2015 284

Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for an institution when any of its authors gave it as an affiliation; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.