Eric R. Sims

University of Michigan at Ann Arbor

500 S. State Street

Ann Arbor, MI 48109

United States

University of Notre Dame - Department of Economics

Notre Dame, IN 46556

United States

  • University of Michigan at Ann Arbor

  • University of Notre Dame - Department of Economics

SCHOLARLY PAPERS

27

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4,391

SSRN CITATIONS
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Top 1,764

in Total Papers Citations

533

CROSSREF CITATIONS

353

Scholarly Papers (27)

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1.

The Four Equation New Keynesian Model

Downloads 1,307 (27,091)
Citation 9

The Four Equation New Keynesian Model

Review of Economics and Statistics, Forthcoming
Number of pages: 45 Posted: 09 Jun 2021 Last Revised: 10 Jun 2021
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, University of Notre Dame - Department of Economics and Tsinghua University - PBC School of Finance
Downloads 685 (65,681)

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quantitative easing, unconventional monetary policy, small-scale New Keynesian model, zero lower bound

The Four Equation New Keynesian Model

Number of pages: 42 Posted: 10 Jul 2019
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 312 (167,267)

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zero lower bound, unconventional monetary policy, quantitative easing, New Keynesian model

The Four Equation New Keynesian Model

PBCSF-NIFR Research Paper
Number of pages: 55 Posted: 07 Jul 2020
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, University of Notre Dame - Department of Economics and Tsinghua University - PBC School of Finance
Downloads 269 (195,138)
Citation 5

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Quantitative Easing, Unconventional Monetary Policy, Small-Scale New Keynesian Model, Phillips Curve, Zero Lower Bound

The Four Equation New Keynesian Model

NBER Working Paper No. w26067
Number of pages: 43 Posted: 16 Jul 2019 Last Revised: 17 Jul 2023
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 41 (734,808)
Citation 6

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2.

Evaluating Central Banks' Tool Kit: Past, Present, and Future

Downloads 579 (82,189)
Citation 54

Evaluating Central Banks' Tool Kit: Past, Present, and Future

Number of pages: 62 Posted: 05 Mar 2019 Last Revised: 02 Apr 2020
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 555 (85,753)
Citation 12

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zero lower bound, unconventional monetary policy, quantitative easing, negative interest rate policy, forward guidance,quantitative tightening, DSGE, Great Recession, effective lower bound

Evaluating Central Banks' Tool Kit: Past, Present, and Future

NBER Working Paper No. w26040
Number of pages: 59 Posted: 09 Jul 2019 Last Revised: 25 Feb 2023
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 24 (874,635)
Citation 15

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3.

Wall Street QE vs. Main Street Lending

Downloads 558 (86,186)
Citation 2

Wall Street QE vs. Main Street Lending

Number of pages: 32 Posted: 19 May 2020 Last Revised: 02 Feb 2022
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 445 (112,179)

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Wall Street vs. Main Street QE

NBER Working Paper No. w27295
Number of pages: 36 Posted: 10 Jun 2020 Last Revised: 30 Jan 2022
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 63 (602,210)
Citation 2

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Wall Street QE vs. Main Street Lending

European Economic Review, Forthcoming
Number of pages: 48 Posted: 03 May 2023
Dario Cardamone, Eric R. Sims and Jing Cynthia Wu
University of Notre Dame - Department of Economics, University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 50 (674,893)

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Main Street Lending Program, Paycheck Protection Program, COVID-19, Great Recession, quantitative easing, DSGE

4.

Unconventional Monetary Policy According to HANK

Downloads 522 (93,650)
Citation 1

Unconventional Monetary Policy According to HANK

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 50 Posted: 10 May 2022 Last Revised: 14 Apr 2023
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, University of Notre Dame - Department of Economics and Tsinghua University - PBC School of Finance
Downloads 519 (93,294)

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Unconventional Monetary Policy According to Hank

NBER Working Paper No. w30329
Number of pages: 51 Posted: 08 Aug 2022 Last Revised: 15 May 2023
Eric R. Sims, Jing Cynthia Wu and Ji Zhang
University of Michigan at Ann Arbor, University of Notre Dame - Department of Economics and Tsinghua University - PBC School of Finance
Downloads 3 (1,079,136)
Citation 1
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5.

Uncertainty and Economic Activity: Evidence from Business Survey Data

NBER Working Paper No. w16143
Number of pages: 49 Posted: 29 Jun 2010 Last Revised: 10 Feb 2023
Ruediger Bachmann, Steffen Elstner and Eric R. Sims
University of Michigan at Ann Arbor, German Council of Economic Experts and University of Michigan at Ann Arbor
Downloads 327 (160,161)
Citation 119

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6.

Are QE and Conventional Monetary Policy Substitutable?

Number of pages: 35 Posted: 13 Jan 2020
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 283 (186,281)
Citation 22

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7.

Federal Reserve Policy in a World of Low Interest Rates

Number of pages: 15 Posted: 17 Jan 2020
Eric R. Sims and Jing Cynthia Wu
University of Michigan at Ann Arbor and University of Notre Dame - Department of Economics
Downloads 80 (520,280)
Citation 1

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8.

Tracking weekly state-level economic conditions

Downloads 74 (544,314)

Tracking weekly state-level economic conditions

CAMA Working Paper No. 55/2021
Number of pages: 53 Posted: 08 Jul 2021
Christiane Baumeister, Danilo Leiva-Leon and Eric R. Sims
University of Notre Dame - University of Pretoria - NBER - CEPR - Centre for Applied Macroeconomic Analysis, ANU, Banco de España and University of Michigan at Ann Arbor
Downloads 52 (662,971)

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local economic conditions, government policies, weekly indicators, state economies, cross-state heterogeneity, mixed-frequency dynamic factor model, economic weakness index, Markov-switching, recession probabilities

Tracking Weekly State-Level Economic Conditions

CESifo Working Paper No. 9165
Number of pages: 53 Posted: 09 Jul 2021
Christiane Baumeister, Danilo Leiva-Leon and Eric R. Sims
University of Notre Dame - University of Pretoria - NBER - CEPR - Centre for Applied Macroeconomic Analysis, ANU, Banco de España and University of Michigan at Ann Arbor
Downloads 22 (893,738)

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9.

Tracking Weekly State-Level Economic Conditions

NBER Working Paper No. w29003
Number of pages: 52 Posted: 12 Jul 2021 Last Revised: 01 Apr 2023
Christiane Baumeister, Danilo Leiva-Leon and Eric R. Sims
University of Notre Dame, Banco de España and University of Michigan at Ann Arbor
Downloads 65 (588,044)

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10.

Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence

NBER Working Paper No. w15049
Number of pages: 41 Posted: 08 Jun 2009 Last Revised: 13 Feb 2023
Robert Barsky and Eric R. Sims
Research Department, Federal Reserve Bank of Chicago and University of Michigan at Ann Arbor
Downloads 65 (583,474)
Citation 69

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11.

News Shocks

NBER Working Paper No. w15312
Number of pages: 39 Posted: 15 Sep 2009
Robert Barsky and Eric R. Sims
Research Department, Federal Reserve Bank of Chicago and University of Michigan at Ann Arbor
Downloads 55 (633,201)

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12.

Raise Rates to Raise Inflation? Neo-Fisherianism in the New Keynesian Model

NBER Working Paper No. w22177
Number of pages: 13 Posted: 18 Apr 2016 Last Revised: 05 Feb 2023
Julio Garin, Robert Lester and Eric R. Sims
Claremont McKenna College - Robert Day School of Economics and Finance, Colby College - Department of Economics and University of Michigan at Ann Arbor
Downloads 46 (684,647)
Citation 8

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13.

Identifying Monetary Policy Shocks Using the Central Bank's Information Set

Downloads 42 (710,110)
Citation 1

Identifying Monetary Policy Shocks Using the Central Bank's Information Set

Number of pages: 31 Posted: 04 Dec 2021
Rüdiger Bachmann, Isabel Gödl-Hanisch and Eric R. Sims
University of Notre Dame, LMU Munich and University of Michigan at Ann Arbor
Downloads 35 (779,945)

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identification, nowcasts, monetary policy shocks, local projections JEL Codes: E31, E50, E52, E58

Identifying Monetary Policy Shocks Using the Central Bank's Information Set

NBER Working Paper No. w29572
Number of pages: 32 Posted: 20 Dec 2021 Last Revised: 21 Apr 2023
Rüdiger Bachmann, Isabel Gödl-Hanisch and Eric R. Sims
University of Notre Dame, LMU Munich and University of Michigan at Ann Arbor
Downloads 7 (1,046,759)

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Identifying Monetary Policy Shocks Using the Central Bank's Information Set

CEPR Discussion Paper No. DP16836
Number of pages: 34 Posted: 04 Feb 2022
Rüdiger Bachmann, Isabel Gödl-Hanisch and Eric R. Sims
University of Notre Dame, LMU Munich and University of Michigan at Ann Arbor
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identification, local projections, monetary policy shocks, nowcasts

14.

Confidence and the Transmission of Government Spending Shocks

NBER Working Paper No. w17063
Number of pages: 46 Posted: 23 May 2011 Last Revised: 15 Feb 2023
Ruediger Bachmann and Eric R. Sims
University of Michigan at Ann Arbor and University of Michigan at Ann Arbor
Downloads 42 (710,110)
Citation 42

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15.

Tracking Weekly State-level Economic Conditions

Banco de Espana Working Paper No. 2134
Number of pages: 56 Posted: 12 Nov 2021
Christiane Baumeister, Danilo Leiva-Leon and Eric R. Sims
University of Notre Dame - University of Pretoria - NBER - CEPR - Centre for Applied Macroeconomic Analysis, ANU, Banco de España and University of Michigan at Ann Arbor
Downloads 40 (723,640)

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local economic conditions, government policies, weekly indicators, state economies, cross-state heterogeneity, mixed-frequency dynamic factor model, economic weakness index, Markov-switching, recession probabilities

16.

The Output and Welfare Effects of Government Spending Shocks Over the Business Cycle

NBER Working Paper No. w19749
Number of pages: 45 Posted: 20 Dec 2013 Last Revised: 19 Jun 2022
Eric R. Sims and Jonathan Wolff
University of Michigan at Ann Arbor and University of Notre Dame
Downloads 40 (723,640)
Citation 5

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17.

Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence

NBER Working Paper No. w17958
Number of pages: 41 Posted: 31 Mar 2012 Last Revised: 26 Jan 2023
Ruediger Bachmann, Tim Oliver Berg and Eric R. Sims
University of Michigan at Ann Arbor, CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute and University of Michigan at Ann Arbor
Downloads 39 (730,553)
Citation 66

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18.

Are Supply Shocks Contractionary at the ZLB? Evidence from Utilization-Adjusted TFP Data

NBER Working Paper No. w22311
Number of pages: 26 Posted: 07 Jun 2016 Last Revised: 19 Jun 2022
Julio Garin, Robert Lester and Eric R. Sims
Claremont McKenna College - Robert Day School of Economics and Finance, Colby College - Department of Economics and University of Michigan at Ann Arbor
Downloads 37 (744,639)
Citation 10

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19.

Business Cycles, Investment Shocks, and the "Barro-King" Curse

NBER Working Paper No. w22941
Number of pages: 45 Posted: 19 Dec 2016 Last Revised: 09 Mar 2023
Guido Ascari, Louis Phaneuf and Eric R. Sims
University of Pavia, Universite du Quebec a Montreal and University of Michigan at Ann Arbor
Downloads 36 (751,718)
Citation 1

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20.

Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks

NBER Working Paper No. w23142
Number of pages: 55 Posted: 13 Feb 2017 Last Revised: 27 Mar 2022
Andre Kurmann and Eric R. Sims
Drexel University and University of Michigan at Ann Arbor
Downloads 31 (789,610)
Citation 15

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21.

Living Up to Expectations: Central Bank Credibility, the Effectiveness of Forward Guidance and Inflation Dynamics Post-Global Financial Crisis

Downloads 28 (813,764)
Citation 2

Living Up to Expectations: Central Bank Credibility, the Effectiveness of Forward Guidance and Inflation Dynamics Post-Global Financial Crisis

Globalization Institute Working Paper No. 424
Number of pages: 53 Posted: 09 Oct 2023
Stephen J. Cole, Enrique Martínez-García and Eric R. Sims
Marquette University, Federal Reserve Bank of Dallas - Research Department and University of Michigan at Ann Arbor
Downloads 22 (893,738)

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forward guidance, central bank credibility, heterogeneous expectations

Living Up to Expectations: Central Bank Credibility, the Effectiveness of Forward Guidance, and Inflation Dynamics Post-Global Financial Crisis

NBER Working Paper No. w31777
Number of pages: 53 Posted: 17 Oct 2023
Stephen J. Cole, Enrique Martínez-García and Eric R. Sims
Marquette University, Federal Reserve Bank of Dallas - Research Department and University of Michigan at Ann Arbor
Downloads 6 (1,055,597)
Citation 2
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22.

On the Desirability of Nominal GDP Targeting

NBER Working Paper No. w21420
Number of pages: 42 Posted: 03 Aug 2015 Last Revised: 13 Jul 2023
Julio Garin, Robert Lester and Eric R. Sims
Claremont McKenna College - Robert Day School of Economics and Finance, Colby College - Department of Economics and University of Michigan at Ann Arbor
Downloads 26 (830,598)
Citation 2

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23.

Differences in Quarterly Utilization-Adjusted TFP by Vintage, with an Application to News Shocks

NBER Working Paper No. w22154
Number of pages: 26 Posted: 11 Apr 2016 Last Revised: 15 Jul 2023
Eric R. Sims
University of Michigan at Ann Arbor
Downloads 20 (884,524)

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24.

Inflation, Output, and Markup Dynamics with Forward-Looking Wage and Price Setters

NBER Working Paper No. w21599
Number of pages: 39 Posted: 28 Sep 2015 Last Revised: 09 Jul 2023
Louis Phaneuf, Eric R. Sims and Jean Victor
Universite du Quebec a Montreal, University of Michigan at Ann Arbor and University of Quebec at Montreal (UQAM) - Department of Economics
Downloads 19 (894,143)
Citation 3

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25.

On the Welfare and Cyclical Implications of Moderate Trend Inflation

NBER Working Paper No. w21392
Number of pages: 44 Posted: 27 Jul 2015 Last Revised: 15 Jun 2023
Guido Ascari, Louis Phaneuf and Eric R. Sims
University of Pavia, Universite du Quebec a Montreal and University of Michigan at Ann Arbor
Downloads 17 (913,571)
Citation 18

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26.

Bury the Gold Standard? A Quantitative Exploration

NBER Working Paper No. w28015
Number of pages: 37 Posted: 16 Nov 2020 Last Revised: 20 Jul 2023
Anthony M. Diercks, Jonathan Rawls and Eric R. Sims
Board of Governors of the Federal Reserve System, University of Notre Dame and University of Michigan at Ann Arbor
Downloads 13 (953,182)
Citation 1

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27.

Tracking Weekly State-Level Economic Conditions

CEPR Discussion Paper No. DP16317
Number of pages: 54 Posted: 14 Jul 2021
Christiane Baumeister, Danilo Leiva-Leon and Eric R. Sims
University of Notre Dame - University of Pretoria - NBER - CEPR - Centre for Applied Macroeconomic Analysis, ANU, Banco de España and University of Michigan at Ann Arbor
Downloads 0 (1,060,808)
Citation 5
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