Iván Weigandi
@iweigandi.bsky.social
Reposted by Iván Weigandi
The growth of private credit has often been attributed to tighter banking regulation and low policy rates. Such things certainly played a role early on, but they are difficult to reconcile with the rapid growth in private credit since 2020, when rates went up and regulation, if anything, loosened
September 14, 2026 at 1:09 PM
The growth of private credit has often been attributed to tighter banking regulation and low policy rates. Such things certainly played a role early on, but they are difficult to reconcile with the rapid growth in private credit since 2020, when rates went up and regulation, if anything, loosened
Reposted by Iván Weigandi
New paper with @jomichell.bsky.social and Ayoze Alfageme: “An analytical heterogeneous agent macro model of concentration, markups & falling labour shares”
www.sciencedirect.com/science/arti... 1/6
www.sciencedirect.com/science/arti... 1/6
September 10, 2026 at 11:30 AM
New paper with @jomichell.bsky.social and Ayoze Alfageme: “An analytical heterogeneous agent macro model of concentration, markups & falling labour shares”
www.sciencedirect.com/science/arti... 1/6
www.sciencedirect.com/science/arti... 1/6
No mere imitation will do.
Development is inherently innovative.
Minsky (1959), master of the haikus
Development is inherently innovative.
Minsky (1959), master of the haikus
August 19, 2026 at 4:22 PM
No mere imitation will do.
Development is inherently innovative.
Minsky (1959), master of the haikus
Development is inherently innovative.
Minsky (1959), master of the haikus
A great summary piece of a great paper!
Stablecoins and the new face of dollarisation
- @aldasoro.bsky.social and Jon Frost
odi.org/en/insights/...
Stablecoins and the new face of dollarisation
- @aldasoro.bsky.social and Jon Frost
odi.org/en/insights/...
July 9, 2026 at 1:42 PM
A great summary piece of a great paper!
Stablecoins and the new face of dollarisation
- @aldasoro.bsky.social and Jon Frost
odi.org/en/insights/...
Stablecoins and the new face of dollarisation
- @aldasoro.bsky.social and Jon Frost
odi.org/en/insights/...
Reposted by Iván Weigandi
Are Bessent's proposed swap lines with Gulf and Asian states an indication that the dollar has become what Susan Strange--the OG theorist of the geoeconomics of international currencies--called a "Negotiated Currency"?
A short 🧵(1/10)
A short 🧵(1/10)
April 30, 2026 at 2:44 PM
Are Bessent's proposed swap lines with Gulf and Asian states an indication that the dollar has become what Susan Strange--the OG theorist of the geoeconomics of international currencies--called a "Negotiated Currency"?
A short 🧵(1/10)
A short 🧵(1/10)
Taking advantage of the news about countries asking for (probably US Tsy) swaps to talk about central bank swaps, and using one of those charts from my thesis that took way too much time not to use again and...
odi.org/en/insights/...
Data & ideas from Murau et al. ('21), Bahaj et ('26) & BIS
odi.org/en/insights/...
Data & ideas from Murau et al. ('21), Bahaj et ('26) & BIS
April 30, 2026 at 2:09 PM
Taking advantage of the news about countries asking for (probably US Tsy) swaps to talk about central bank swaps, and using one of those charts from my thesis that took way too much time not to use again and...
odi.org/en/insights/...
Data & ideas from Murau et al. ('21), Bahaj et ('26) & BIS
odi.org/en/insights/...
Data & ideas from Murau et al. ('21), Bahaj et ('26) & BIS
Reposted by Iván Weigandi
Y’all look like you need a break after a nerve-wracking week!
Then check out our new paper on stablecoins and their spillovers to FX markets! This one is a biggie! Lots of empirics plus a very nice model w/ plenty of counterfactuals, for policy and research nerds alike!
www.bis.org/publ/work134...
Then check out our new paper on stablecoins and their spillovers to FX markets! This one is a biggie! Lots of empirics plus a very nice model w/ plenty of counterfactuals, for policy and research nerds alike!
www.bis.org/publ/work134...
Stablecoin flows and spillovers to FX markets
Using data on four USD-pegged stablecoins and 27 fiat currencies, this paper documents spillovers from stablecoin-based foreign exchange (FX) to traditional FXmarkets. We document a gap between the co...
www.bis.org
March 27, 2026 at 3:31 PM
Y’all look like you need a break after a nerve-wracking week!
Then check out our new paper on stablecoins and their spillovers to FX markets! This one is a biggie! Lots of empirics plus a very nice model w/ plenty of counterfactuals, for policy and research nerds alike!
www.bis.org/publ/work134...
Then check out our new paper on stablecoins and their spillovers to FX markets! This one is a biggie! Lots of empirics plus a very nice model w/ plenty of counterfactuals, for policy and research nerds alike!
www.bis.org/publ/work134...
Reposted by Iván Weigandi
📣 Call for Papers 📣
The OBFA-TRANSFORM research group is hosting a workshop on 12-13 June at the Freie Universität Berlin!
The title is "Monetary Architecture. Mapping the Web of Interlocking Balance Sheets in Times of Change".
See the CfP here: tinyurl.com/5n7aab2r
▶️ Apply by 10 April
The OBFA-TRANSFORM research group is hosting a workshop on 12-13 June at the Freie Universität Berlin!
The title is "Monetary Architecture. Mapping the Web of Interlocking Balance Sheets in Times of Change".
See the CfP here: tinyurl.com/5n7aab2r
▶️ Apply by 10 April
March 27, 2026 at 2:51 PM
📣 Call for Papers 📣
The OBFA-TRANSFORM research group is hosting a workshop on 12-13 June at the Freie Universität Berlin!
The title is "Monetary Architecture. Mapping the Web of Interlocking Balance Sheets in Times of Change".
See the CfP here: tinyurl.com/5n7aab2r
▶️ Apply by 10 April
The OBFA-TRANSFORM research group is hosting a workshop on 12-13 June at the Freie Universität Berlin!
The title is "Monetary Architecture. Mapping the Web of Interlocking Balance Sheets in Times of Change".
See the CfP here: tinyurl.com/5n7aab2r
▶️ Apply by 10 April
Reposted by Iván Weigandi
Still a few days left to apply. Do join us!!
📢 Call for Papers: PKES–IIPPE PhD Student Conference 2026 🗓 3 June 2026
📍 University of Hertfordshire (UK)
⏰ Deadline: 27 March 2026
🔗 Application form: shorturl.at/oI6az
📄Full details: shorturl.at/tmXfs
📢 Call for Papers: PKES–IIPPE PhD Student Conference 2026 🗓 3 June 2026
📍 University of Hertfordshire (UK)
⏰ Deadline: 27 March 2026
🔗 Application form: shorturl.at/oI6az
📄Full details: shorturl.at/tmXfs
shorturl.at
March 25, 2026 at 9:51 AM
Still a few days left to apply. Do join us!!
📢 Call for Papers: PKES–IIPPE PhD Student Conference 2026 🗓 3 June 2026
📍 University of Hertfordshire (UK)
⏰ Deadline: 27 March 2026
🔗 Application form: shorturl.at/oI6az
📄Full details: shorturl.at/tmXfs
📢 Call for Papers: PKES–IIPPE PhD Student Conference 2026 🗓 3 June 2026
📍 University of Hertfordshire (UK)
⏰ Deadline: 27 March 2026
🔗 Application form: shorturl.at/oI6az
📄Full details: shorturl.at/tmXfs
Reposted by Iván Weigandi
Y’all look like you need a break from the news cycle (evergreen!). Check out our new paper with Jon Frost & Hiro Ito about the impact of stablecoins on the international monetary system, w/ focus on EMEs
Lots of graphs w/ stylised facts, currency functions, scenarios
papers.ssrn.com/sol3/papers....
Lots of graphs w/ stylised facts, currency functions, scenarios
papers.ssrn.com/sol3/papers....
March 25, 2026 at 10:06 AM
Y’all look like you need a break from the news cycle (evergreen!). Check out our new paper with Jon Frost & Hiro Ito about the impact of stablecoins on the international monetary system, w/ focus on EMEs
Lots of graphs w/ stylised facts, currency functions, scenarios
papers.ssrn.com/sol3/papers....
Lots of graphs w/ stylised facts, currency functions, scenarios
papers.ssrn.com/sol3/papers....
Reposted by Iván Weigandi
After a year of research and engagement with the Uganda Development Bank, @anninak.bsky.social, @bbonizzi.bsky.social, @iweigandi.bsky.social and I share this new briefing on a currency risk-sharing facility for long-term local currency climate finance in Uganda.
www.linkedin.com/posts/kpatri...
www.linkedin.com/posts/kpatri...
Briefing: Currency Risk-Sharing Facility | Karina Patrício Ferreira Lima
Currency risk is a structural constraint in development finance, and this is even more pronounced in climate finance. Climate and infrastructure projects generate revenues in local currency, yet finan...
www.linkedin.com
March 19, 2026 at 1:49 PM
After a year of research and engagement with the Uganda Development Bank, @anninak.bsky.social, @bbonizzi.bsky.social, @iweigandi.bsky.social and I share this new briefing on a currency risk-sharing facility for long-term local currency climate finance in Uganda.
www.linkedin.com/posts/kpatri...
www.linkedin.com/posts/kpatri...
Reposted by Iván Weigandi
Se viene la Escuela de Tópicos Avanzados de Economía Política, organizada por @DevEconNetwork y @idaesoficial, del 13 al 17 de julio en Buenos Aires.
Para estudiantes avanzadxs y graduadxs recientes de economía y carreras afines de América Latina 🌎
Para estudiantes avanzadxs y graduadxs recientes de economía y carreras afines de América Latina 🌎
March 18, 2026 at 6:34 PM
Se viene la Escuela de Tópicos Avanzados de Economía Política, organizada por @DevEconNetwork y @idaesoficial, del 13 al 17 de julio en Buenos Aires.
Para estudiantes avanzadxs y graduadxs recientes de economía y carreras afines de América Latina 🌎
Para estudiantes avanzadxs y graduadxs recientes de economía y carreras afines de América Latina 🌎
Reposted by Iván Weigandi
Y’all look like you need a break from the appalling news cycle. Why not spend it learning about offshore activity, informed by the awesome BIS statistics??
Check our new article, just out in the march edition of the BIS Quarterly Review
www.bis.org/publ/qtrpdf/...
Check our new article, just out in the march edition of the BIS Quarterly Review
www.bis.org/publ/qtrpdf/...
International finance through the lens of BIS statistics: offshore activity
Offshore activity has become an integral part of international finance, with companies increasingly issuing bonds via financial affiliates abroad while banks and other financial firms channel credit t...
www.bis.org
March 16, 2026 at 1:00 PM
Y’all look like you need a break from the appalling news cycle. Why not spend it learning about offshore activity, informed by the awesome BIS statistics??
Check our new article, just out in the march edition of the BIS Quarterly Review
www.bis.org/publ/qtrpdf/...
Check our new article, just out in the march edition of the BIS Quarterly Review
www.bis.org/publ/qtrpdf/...
The Argentinian National Securities Commission ordered the suspension of the peso stablecoin ARGt due to irregularities
www.argentina.gob.ar/noticias/ces...
www.argentina.gob.ar/noticias/ces...
Cese de oferta pública irregular y negociación de stablecoin en pesos con rendimiento
La Comisión Nacional de Valores (CNV) informa al público inversor que se ha realizado una intimación al cese inmediato de determinadas actividades en el ámbito de la oferta pública en la República Arg...
www.argentina.gob.ar
March 13, 2026 at 10:01 AM
The Argentinian National Securities Commission ordered the suspension of the peso stablecoin ARGt due to irregularities
www.argentina.gob.ar/noticias/ces...
www.argentina.gob.ar/noticias/ces...
Reposted by Iván Weigandi
🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social.
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
February 4, 2026 at 3:27 PM
🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social.
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
Reposted by Iván Weigandi
I am excited to join this panel hosted by Phenomenal World on Tuesday 2 December to discuss Argentina’s recurring debt traps, its relationship with the IMF and China, and the recent US intervention in support of the Milei government, among other matters.
Sign up here: bit.ly/argentina-imf
Sign up here: bit.ly/argentina-imf
November 27, 2025 at 1:47 PM
I am excited to join this panel hosted by Phenomenal World on Tuesday 2 December to discuss Argentina’s recurring debt traps, its relationship with the IMF and China, and the recent US intervention in support of the Milei government, among other matters.
Sign up here: bit.ly/argentina-imf
Sign up here: bit.ly/argentina-imf
Reposted by Iván Weigandi
on.ft.com/49dRS9z Non-bank lenders may be fair-weather friends
Check out this piece @financialtimes.com where we discuss our recent research on nonbank lending during crises
Check out this piece @financialtimes.com where we discuss our recent research on nonbank lending during crises
Non-bank lenders may be fair-weather friends
Research shows they don’t just retreat in a crisis — they run for the exit
on.ft.com
November 7, 2025 at 9:34 PM
on.ft.com/49dRS9z Non-bank lenders may be fair-weather friends
Check out this piece @financialtimes.com where we discuss our recent research on nonbank lending during crises
Check out this piece @financialtimes.com where we discuss our recent research on nonbank lending during crises
Reposted by Iván Weigandi
2026 BIS PhD fellowship is now open; deadline 24 November.
Come work with us!
www.linkedin.com/jobs/view/43...
Come work with us!
www.linkedin.com/jobs/view/43...
Bank for International Settlements – BIS hiring 2026 PhD Fellowship Programme in Basel, Basel, Switzerland | LinkedIn
Posted 12:42:23 PM. At the Bank for International Settlements (BIS), our mission is to support central banks' pursuit…See this and similar jobs on LinkedIn.
www.linkedin.com
October 28, 2025 at 6:00 PM
2026 BIS PhD fellowship is now open; deadline 24 November.
Come work with us!
www.linkedin.com/jobs/view/43...
Come work with us!
www.linkedin.com/jobs/view/43...
Reposted by Iván Weigandi
Thank you so much for organising this! Not only were the presentations amazing, but also very helpful in finding inspiration for my PhD proposal.
Plus I am now convinced that Leeds has by far one of the coolest PhD cohorts in the field of Economics
Plus I am now convinced that Leeds has by far one of the coolest PhD cohorts in the field of Economics
On Tuesday, we hosted a workshop on Global Banking and Global Stability (one of my favorite topics and the focus of my PhD) at the University of Leeds with many of my favorite researchers in the field.
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
October 24, 2025 at 5:36 PM
Thank you so much for organising this! Not only were the presentations amazing, but also very helpful in finding inspiration for my PhD proposal.
Plus I am now convinced that Leeds has by far one of the coolest PhD cohorts in the field of Economics
Plus I am now convinced that Leeds has by far one of the coolest PhD cohorts in the field of Economics
On Tuesday, we hosted a workshop on Global Banking and Global Stability (one of my favorite topics and the focus of my PhD) at the University of Leeds with many of my favorite researchers in the field.
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
October 24, 2025 at 4:54 PM
On Tuesday, we hosted a workshop on Global Banking and Global Stability (one of my favorite topics and the focus of my PhD) at the University of Leeds with many of my favorite researchers in the field.
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
Porque los gustos hay que dárselos en vida (y antes que se termine el doctorado).
Reposted by Iván Weigandi
Our paper “Non-bank lending during crises” with Doerr and Zhou now available at Review of Finance
academic.oup.com/rof/advance-...
academic.oup.com/rof/advance-...
Non-bank lending during crises
Abstract. For a large sample of countries, this article shows that non-banks curtail their syndicated lending by significantly more than banks during finan
academic.oup.com
October 13, 2025 at 1:06 PM
Our paper “Non-bank lending during crises” with Doerr and Zhou now available at Review of Finance
academic.oup.com/rof/advance-...
academic.oup.com/rof/advance-...
Monetary targeting in the pampas
August 19, 2025 at 4:40 PM
Monetary targeting in the pampas
Reposted by Iván Weigandi
Instructive piece by @alphaville.ft.com on the #repo market, that shows how banks’ intragroup transactions (between commercial & investment arms) explain a substantial part of the rise of negative haircuts in Europe
TL;DR => post-2008 ringfencing measures are toothless
www.ft.com/content/301b...
TL;DR => post-2008 ringfencing measures are toothless
www.ft.com/content/301b...
The negative-haircut repo market phenomenon
Reverse clickbait alert
www.ft.com
July 30, 2025 at 8:30 AM
Instructive piece by @alphaville.ft.com on the #repo market, that shows how banks’ intragroup transactions (between commercial & investment arms) explain a substantial part of the rise of negative haircuts in Europe
TL;DR => post-2008 ringfencing measures are toothless
www.ft.com/content/301b...
TL;DR => post-2008 ringfencing measures are toothless
www.ft.com/content/301b...
Shifting Dynamics in Bank Funding of NBFIs: The Rise of Credit Lines www.federalreserve.gov/econres/note...
July 15, 2025 at 11:22 AM
Shifting Dynamics in Bank Funding of NBFIs: The Rise of Credit Lines www.federalreserve.gov/econres/note...
Reposted by Iván Weigandi
New BIS Bulletin out!
“Retail investors in private credit”, with S Doerr & K Todorov, taking stock of the push pf PC towards retail, with a focus on BDCs & ETFs, & drawing implications
www.bis.org/publ/bisbull...
“Retail investors in private credit”, with S Doerr & K Todorov, taking stock of the push pf PC towards retail, with a focus on BDCs & ETFs, & drawing implications
www.bis.org/publ/bisbull...
Retail investors in private credit
Private credit is poised for wider participation from retail investors through the rapid growth of business development companies and, more recently, private credit exchange-traded funds (ETFs). ETFs ...
www.bis.org
July 9, 2025 at 11:59 AM
New BIS Bulletin out!
“Retail investors in private credit”, with S Doerr & K Todorov, taking stock of the push pf PC towards retail, with a focus on BDCs & ETFs, & drawing implications
www.bis.org/publ/bisbull...
“Retail investors in private credit”, with S Doerr & K Todorov, taking stock of the push pf PC towards retail, with a focus on BDCs & ETFs, & drawing implications
www.bis.org/publ/bisbull...