Catherine Casanova, PhD
Cathérine Casanova (formerly Koch) is a Senior Economist at the Financial Stability Department of the Swiss National Bank (SNB).
From 2014 to 2021, she worked for the Bank for International Settlements (BIS). While generally based in Basel, she was at the BIS Representative Office for Asia and the Pacific in Hong Kong between November 2016 and April 2017. Before joining the Secretariat of the Committee of the Global Financial System (CGFS) in August 2019, Catherine mainly worked in the unit on Financial Systems and Regulation (FSR) at the Monetary and Economic Department (MED). She contributed to various BIS publications and working groups also involving the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (BCBS).
Catherine received a PhD in Economics from the University of Zurich (Switzerland) in 2012. During her PhD, she visited Columbia University (NYC) and held a dissertation scholarship of the German National Merit Foundation. Until August 2014, she was a postdoctoral researcher at the University of Zurich.
Her research interests capture International Banking and Regulation, Capital Flows, Financial Market Integration, Household Finance and Microeconometrics.
Latest Policy Publications and Working Papers
Cantu C and C Casanova (2022), "How capital inflows translate into new bank lending: tracing the mechanism in Latin America ", BIS Working Paper No 1051. with co-authors from regional central banks: Alfaro R, F Chertman, G Cisneros, T dos Santos , R Lobato, C Lopez, F Moreno, M Sarmiento and R Nivin
Casanova C, B Hardy and M Onen (2021), "Covid-19 policy measures to support bank lending", BIS Quarterly Review, September 2021.
Cerutti, E, Koch, C and SK Pradhan (2020), "Banking across borders: Are Chinese banks different?” BIS Working Paper No 892.
The Economist cited our work in "The overseas activities of Chinese banks shift up a gear "
Voxeu gives some updates in "The Global Footprint of Chinese Banks"
Latest Publications in Academic Journals
Cerutti, E, Casanova, C and SK Pradhan (2023), "Banking across borders: Are Chinese banks different?”, Journal of Banking and Finance, Vol 154
Avdjiev, S, Du, W, Koch, C and HS Shin (2019), "The dollar, bank leverage, and the deviation from covered interest”, American Economic Review: Insights, Vol 1(2), pp. 193-208.
Avdjiev, S, Bruno, V, Koch, C and HS Shin (2019), “The Dollar Exchange Rate as a Global Risk Factor: Evidence from Investment”, IMF Economic Review, Vol 67, p 151–173 .
Avdjiev, S, Koch, C, McGuire, Patrick and Goetz von Peter (2018), “Transmission of monetary policy through global banks: Whose policy matters?”, Journal of International Money and Finance, 89, pp.67-82.