Jinill Kim

Korea University

Professor

1 Anam-dong 5 ka

Seoul, 136-701

SCHOLARLY PAPERS

31

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1,956

CITATIONS
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SSRN RANKINGS

Top 4,434

in Total Papers Citations

184

Scholarly Papers (31)

1.

고령화에 대응한 인구대책: OECD사례를 중심으로 (Demographic Policies Against Aging in OECD Countries)

Bank of Korea 2017-22
Number of pages: 78 Posted: 26 Jul 2017
Jinill Kim and Kyounghoon Park
Korea University and The Bank of Korea
Downloads 306 (97,980)

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Aging, work-family balance, public pension policy, employment policy, immigration policy.

2.

Calculating and Using Second Order Accurate Solutions of Discrete Time Dynamic Equilibrium Models

FEDS Working Paper No. 2003-61
Number of pages: 26 Posted: 13 Jan 2004
Korea University, Sungkyunkwan University - Department of Economics, Princeton University - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 201 (150,131)
Citation 37

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Solving dynamic equilibrium models, second order accurate solution

3.

Welfare Effects of Tax Policy in Open Economies: Stabilization and Cooperation

FEDS Working Paper No. 2003-51
Number of pages: 32 Posted: 20 Dec 2003
Jinill Kim and Sunghyun Henry Kim
Korea University and Sungkyunkwan University - Department of Economics
Downloads 140 (205,490)
Citation 10

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Income tax, welfare, stabilization, cooperation

4.

Estimating Monetary Policy Rules When Nominal Interest Rates Are Stuck at Zero

CAMA Working Paper Series Paper 53/2013
Number of pages: 28 Posted: 21 Aug 2013 Last Revised: 02 Oct 2016
Jinill Kim and Seth Pruitt
Korea University and Arizona State University (ASU) - Finance Department
Downloads 137 (209,126)
Citation 3

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monetary policy, policy rule, survey data, market perceptions, censoring, zero lower bound, Blue Chip survey

5.

Impact of Demographic Changes on Inflation and the Macroeconomy

IMF Working Paper No. 14/210
Number of pages: 32 Posted: 31 Dec 2014
Jong-Won Yoon, Jinill Kim and Jungjin Lee
International Monetary Fund (IMF), Korea University and International Monetary Fund (IMF)
Downloads 130 (218,058)

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Demographic transition, Inflation, Population growth, Aging, Human fertility, Mortality, Older people, Labor supply, Monetary policy, Fiscal policy, Demographic Changes, Population Aging, Macroeconomic Impact, Savings and Investment, Fiscal Policy.

Inflation Targeting and Nominal Income Growth Targeting: When and Why are They Suboptimal?

FRB International Finance Discussion Paper No. 719
Number of pages: 41 Posted: 27 Apr 2002
Jinill Kim and Dale W. Henderson
Korea University and Federal Reserve Board
Downloads 73 (323,325)
Citation 5

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monetary policy, monetary rule, wage contracts, price contracts, full information, partial information

Inflation Targeting and Nominal-Income-Growth Targeting: When and Why are They Suboptimal?

Journal of Monetary Economics, Forthcoming
Number of pages: 40 Posted: 27 Feb 2005
Jinill Kim and Dale W. Henderson
Korea University and Federal Reserve Board
Downloads 51 (389,118)

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optimal monetary policy, interest-rate rule, inflation targeting, nominal-income-growth targeting, wage and price contracts

7.

Functional Equivalence between Intertemporal and Multisectoral Investment Adjustment Costs

Journal of Economic Dynamics and Control
Number of pages: 20 Posted: 29 Aug 2001
Jinill Kim
Korea University
Downloads 108 (249,927)

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Investment Adjustment Costs, Intertemporal Adjustment Costs, Multisectoral Adjustment Costs, Functional Equivalence, Identification.

8.

Spurious Welfare Reversals in International Business Cycle Models

Number of pages: 41 Posted: 23 May 2001
Sunghyun Henry Kim and Jinill Kim
Sungkyunkwan University - Department of Economics and Korea University
Downloads 105 (254,924)
Citation 11

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linearization, stochastic steady state, welfare, risk sharing

9.

Investment-Specific and Multifactor Productivity in Multi-Sector Open Economies: Data and Analysis

FRB International Finance Discussion Paper No. 828
Number of pages: 34 Posted: 04 Apr 2005
Federal Reserve Board - Trade and Financial Studies, Federal Reserve Board and Korea University
Downloads 92 (278,198)
Citation 6

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Technology shocks, technical change, dynamic general equilibrium, learning, Harrod-Balassa-Samuelson Effect, nontraded goods

10.

Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies

FRB International Finance Discussion Paper No. 696
Number of pages: 30 Posted: 23 Apr 2001
Korea University, Sungkyunkwan University - Department of Economics and affiliation not provided to SSRN
Downloads 88 (286,096)
Citation 5

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International risk sharing, financial market structure

11.

Does Utility Curvature Matter for Indeterminacy?

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 18 Posted: 12 Dec 2005
Jinill Kim
Korea University
Downloads 61 (351,739)

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Indeterminacy, Utility Curvature, Intertemporal Elasticity of Substitution in Consumption

12.

Exact Utilities Under Alternative Monetary Rules in a Simple Macro Model with Optimizing Agents

International Finance Working Paper No. 635
Number of pages: 33 Posted: 05 Feb 2001
Dale W. Henderson and Jinill Kim
Federal Reserve Board and Korea University
Downloads 56 (366,744)
Citation 1

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monetary policy, stabilization, sticky wages, sticky prices, wage contracts, price contracts, inflation targeting, price level targeting, money supply targeting, disequilibrium models

13.

How Much Inflation is Necessary to Grease the Wheels?

Number of pages: 30 Posted: 21 Nov 2008
Jinill Kim and Francisco J. Ruge-Murcia
Korea University and University of Montreal - Department of Economics
Downloads 55 (369,887)
Citation 4

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Optimal inflation, asymmetric adjustment costs, nonlinear dynamics

14.

Monetary Policy When Wages are Downwardly Rigid: Friedman Meets Tobin

Number of pages: 27 Posted: 06 Feb 2010
Jinill Kim and Francisco J. Ruge-Murcia
Korea University and University of Montreal - Department of Economics
Downloads 46 (399,858)
Citation 1

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Downward nominal wage rigidity, Asymmetric effects of monetary policy, Optimal inflation, Nonlinear dynamics

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Unconventional monetary policy, lender of last resort, Federal Reserve, European Central Bank

16.

Diagnosing and Treating Bifurcations in Perturbation Analysis of Dynamic Macro Models

FEDS Working Paper No. 2007-14
Number of pages: 13 Posted: 26 Apr 2007
Jinill Kim, Andrew T. Levin and Tack Yun
Korea University, affiliation not provided to SSRN and Federal Reserve Board - Division of Monetary Affairs
Downloads 44 (406,953)
Citation 1

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bifurcation, perturbation, relative price distortion, optimal monetary policy

Designing a Simple Loss Function for the Fed: Does the Dual Mandate Make Sense?

FRB of Boston Working Paper No. 15-3
Number of pages: 44 Posted: 19 Oct 2015
Universitat Pompeu Fabra - Department of Economics and Business, Korea University, Sveriges Riksbank - Research Division and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 42 (422,694)

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central banks, objectives, simple loss function, monetary policy design, Smets-Wouters model

Designing a Simple Loss Function for the Fed: Does the Dual Mandate Make Sense?

CEPR Discussion Paper No. DP10409
Number of pages: 48 Posted: 10 Feb 2015
Universitat Pompeu Fabra - Department of Economics and Business, Korea University, Sveriges Riksbank - Research Division and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 1 (680,551)
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central banks' objectives, household welfare, linear-quadratic approximation, monetary policy design, simple loss function, Smets-Wouters model

18.

Impact of Demographic Changes on Inflation and the Macroeconomy

KDI Journal of Economic Policy 2018, 40(1) 1–30
Number of pages: 23 Posted: 07 May 2018
Jong-won Yoon, Jinill Kim and Jungjin Lee
Ambassador of the Republic of Korea to the OECD, Korea University and International Monetary Fund (IMF)
Downloads 32 (455,282)

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Demographic Changes, Population Aging, Inflation, Macroeconomic Impact, Savings and Investment, Monetary Policy, Fiscal Policy

Using a Projection Method to Analyze Inflation Bias in a Micro-Founded Model

Number of pages: 29 Posted: 11 Mar 2011
Board of Governors of the Federal Reserve System, Korea University and Federal Reserve Board - Division of Monetary Affairs
Downloads 18 (549,697)

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Inflation Bias, Discretionary Monetary Policy, Projection Methods

Using a Projection Method to Analyze Inflation Bias in a Micro-Founded Model

FEDS Working Paper No. 2010-18
Number of pages: 25 Posted: 15 Nov 2011
Board of Governors of the Federal Reserve System, Korea University and Federal Reserve Board - Division of Monetary Affairs
Downloads 14 (575,896)
Citation 2

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Inflation bias, discretionary monetary policy, projection methods

20.
Downloads 29 (469,495)
Citation 1

Extreme Events and Optimal Monetary Policy

Bank of Finland Research Discussion Paper No. 4/2018
Number of pages: 40 Posted: 07 Feb 2018 Last Revised: 08 Feb 2018
Jinill Kim and Francisco J. Ruge-Murcia
Korea University and University of Montreal - Department of Economics
Downloads 29 (482,197)

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extreme value theory, nonlinear models, skewness risk, monetary policy, third-order perturbation, simulated method of moments

Extreme Events and Optimal Monetary Policy

International Economic Review, Vol. 60, Issue 2, pp. 939-963, 2019
Number of pages: 25 Posted: 22 May 2019
Jinill Kim and Francisco J. Ruge-Murcia
Korea University and University of Montreal - Department of Economics
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21.

Two Pitfalls of Linearization Methods

FEDS Working Paper No. 2007-64
Number of pages: 15 Posted: 16 Jul 2008
Jinill Kim and Sunghyun Henry Kim
Korea University and Sungkyunkwan University - Department of Economics
Downloads 26 (484,935)

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Linearization, linear-quadratic method, second-order approximation, welfare

22.

Designing a Simple Loss Function for Central Banks: Does a Dual Mandate Make Sense?

IMF Working Paper No. 17/164
Number of pages: 57 Posted: 01 Feb 2018
Universitat Pompeu Fabra - Department of Economics and Business, Korea University, Sveriges Riksbank and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 21 (513,089)

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Central banks, Monetary policy, Sticky prices, Sticky wages, Econometric models, Central banks objectives, simple loss function, monetary policy design, sticky prices and sticky wages, DSGE models, Central banks; objectives, Time-Series Models

23.

Interpreting Shocks to the Relative Price of Investment with a Two-Sector Model

FEDS Working Paper No. 2016-7
Number of pages: 40 Posted: 09 Feb 2016
Federal Reserve Board - Trade and Financial Studies, Federal Reserve Board and Korea University
Downloads 21 (513,089)

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DSGE Models, Long-Run Restrictions, Multi-Sector Models, Vector Auto-Regressions

24.

Investment-Specific and Multi-Factor Productivity in Multi-Sector Open Economies: Data and Analysis

Seoul Journal of Economics 2017, Vol. 30, No. 3
Number of pages: 40 Posted: 31 Aug 2017
Federal Reserve Board - Trade and Financial Studies, Federal Reserve Board and Korea University
Downloads 11 (572,423)

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Technological shocks, Technical change, Dynamic, General Equilibrium, Learning, Harrod–Balassa–Samuelson Effect, Nontraded goods

25.

Monetary Policy and the Global Housing Bubble

Economic Policy, Vol. 26, No. 66, pp. 233-283, 2011
Number of pages: 51 Posted: 04 Apr 2011
Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Korea University, Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 3 (625,847)
Citation 1
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26.

How Much to Share: Welfare Effects of Fiscal Transfers

Canadian Journal of Economics/Revue canadienne d'économique, Vol. 50, Issue 3, pp. 636-659, 2017
Number of pages: 24 Posted: 14 Aug 2017
Jinill Kim and Sunghyun Henry Kim
Korea University and Sungkyunkwan University - Department of Economics
Downloads 0 (666,172)
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27.

Modeling Investment‐Sector Efficiency Shocks: When Does Disaggregation Matter?

International Economic Review, Vol. 55, Issue 3, pp. 891-917, 2014
Number of pages: 27 Posted: 30 Jul 2014
Federal Reserve Board - Trade and Financial Studies, Federal Reserve Board and Korea University
Downloads 0 (666,172)
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28.

Interpreting Investment-Specific Technology Shocks

Posted: 26 Jul 2010
Federal Reserve Board - Trade and Financial Studies, Federal Reserve Board and Korea University

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DSGE Models, Multi-Factor Productivity Shocks, Investment-Specific

29.

Constructing and Estimating a Realistic Optimizing Model of Monetary Policy

Journal of Monetary Economics
Posted: 30 Apr 1999
Jinill Kim
Korea University

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30.

The Choice of a Monetary Policy Reaction Function in a Simple Optimizing Model

Finance Discussion Papers Number 601
Posted: 11 Mar 1998
Dale W. Henderson and Jinill Kim
Federal Reserve Board and Korea University

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31.

Monetary Policy in a Stochastic Equilibrium Model with Real and Nominal Rigidities

Economics Discussion Series (98-02)
Posted: 03 Mar 1998
Jinill Kim
Korea University

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