Using simple statistical methods, this note examines the relationship between expected and actual inflation and the importance of inflation expectations in driving actual inflation in Asia. We find that, in Asia, short-term inflation expectations tend to co-move among economies while...

The Bank for International Settlements (BIS) and the Bank of Japan (BOJ) jointly organised a high-level seminar on The development of regional capital markets in Yokohama, Japan, on 21-22 November 2011. The seminar brought together senior officials of 12 central banks in Asia and the Pacific,...

Foreign exchange turnover in Asian currencies grew faster than the global total between 2001 and 2004. Renminbi trading rose particularly strongly. Evolving expectations about the Renminbi seem to be joining the dollar/yen spot rate in exerting an influence on Asian foreign exchange markets....

Papers in this volume were prepared for BOK-BIS Conference on "Asia-Pacific Fixed Income Markets: Evolving Structure, Participation and Pricing" held in Seoul, Korea on 19-20 November 2018.While the full publication can be downloaded using the above link, individual contributions are available...

A report prepared for EMEAP by Marlene Amstad, Steven Kong, Frank Packer and Eli Remolona at the request of Mr Grant Spencer, Deputy Governor of the Reserve Bank of New Zealand and Chair of the EMEAP Working Group on Financial Markets.The eight local currency bond markets in which the Asian Bond...

The People's Bank of China and the Bank for International Settlements co-hosted a research conference on "Globalisation and Inflation Dynamics in Asia and the Pacific" on 23-24 September 2013 in Beijing. This was the wrap-up conference for the BIS Asian Office's two-year research programme on...

Since its launch in September 2006, the Asian Research Programme has focused on policyoriented studies for central banks and supervisory authorities in the Asia-Pacific region. Under the programme, research projects are undertaken by economists at the BIS Representative Office for Asia and the...

The papers collected in this volume were written for a conference held at the Hong Kong Monetary Authority in November 2005. It was organised jointly by the BIS Representative Office for Asia and the Pacific in Hong Kong SAR and the Hong Kong Institute for Monetary Research. The objective of the...