Jae Sim

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

  • Board of Governors of the Federal Reserve System

SCHOLARLY PAPERS

23

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5,481

SSRN CITATIONS
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Top 2,001

in Total Papers Citations

513

CROSSREF CITATIONS

292

Scholarly Papers (23)

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1.

Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

Downloads 2,592 ( 9,333)
Citation 132

Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

Journal of Finance, Forthcoming
Number of pages: 83 Posted: 26 Jun 2018 Last Revised: 24 Feb 2021
Antonio Falato, Dalida Kadyrzhanova, Jae Sim and Roberto Steri
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and University of Luxembourg
Downloads 1,928 (14,753)
Citation 73

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Intangible Assets, Debt Capacity, Risk Management, Corporate Cash Holdings

Rising Intangible Capital, Shrinking Debt Capacity, and the US Corporate Savings Glut

FEDS Working Paper No. 2013-67
Number of pages: 59 Posted: 06 Nov 2013
Antonio Falato, Dalida Kadyrzhanova and Jae Sim
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 664 (68,351)
Citation 88

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Asset intangibility, debt capacity, risk management, corporate cash hoarding, (S,s) adjustment

2.

Why Do Innovative Firms Hold So Much Cash? Evidence from Changes in State R&D Tax Credits

FEDS Working Paper No. 2014-72
Number of pages: 53 Posted: 02 Oct 2014
Antonio Falato and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 562 (85,396)
Citation 21

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Determinants of corporate cash holdings, financial economics of innovation

3.

Who Killed the Phillips Curve? A Murder Mystery

FEDS Working Paper No. 2022-28
Number of pages: 36 Posted: 24 May 2022
David Ratner and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 333 (157,020)

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Bargaining power, Profits, Inflation dynamics

4.

Uncertainty, Financial Frictions, and Investment Dynamics

Downloads 319 (164,400)
Citation 81

Uncertainty, Financial Frictions, and Investment Dynamics

FEDS Working Paper No. 2014-69
Number of pages: 60 Posted: 01 Oct 2014
Simon Gilchrist, Jae Sim and Egon Zakrajsek
National Bureau of Economic Research (NBER), Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 223 (234,926)
Citation 6

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Time-varying volatility, asset specificity, capital liquidity shocks, costly external finance, firm heterogeneity, general equilibrium

Uncertainty, Financial Frictions, and Investment Dynamics

NBER Working Paper No. w20038
Number of pages: 60 Posted: 14 Apr 2014 Last Revised: 03 Apr 2022
Simon Gilchrist, Jae Sim and Egon Zakrajsek
National Bureau of Economic Research (NBER), Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 96 (468,350)
Citation 27

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5.

Income Inequality, Financial Crises, and Monetary Policy

FEDS Working Paper No. 2018-48
Number of pages: 60 Posted: 23 Jul 2018 Last Revised: 21 Feb 2019
Isabel Cairo and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 288 (183,060)

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6.

Distributional Considerations for Monetary Policy Strategy

FEDS Working Paper No. 2020-73
Number of pages: 27 Posted: 02 Sep 2020
Laura Feiveson, Nils Gornemann, Julie L. Hotchkiss, Karel Mertens, Karel Mertens and Jae Sim
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Bank of Atlanta, FRB DallasFederal Reserve Banks - Federal Reserve Bank of Dallas and Board of Governors of the Federal Reserve System
Downloads 246 (214,334)
Citation 7

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Heterogeneous agent New Keynesian models, Representative agent New Keynesian model, Effective lower bound, Inequality, Hand to mouth, Average inflation targeting, price-level targeting

7.

Inflation Dynamics During the Financial Crisis

Downloads 202 (258,193)
Citation 145

Inflation Dynamics During the Financial Crisis

FEDS Working Paper No. 2015-012, http://dx.doi.org/10.17016/FEDS.2015.012
Number of pages: 53 Posted: 19 Apr 2015
Simon Gilchrist, Raphael Schoenle, Jae Sim and Egon Zakrajsek
National Bureau of Economic Research (NBER), Brandeis University, Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 173 (296,191)
Citation 3

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Deflation,Monetary policy,Prices, business fluctuations, cycles

Inflation Dynamics During the Financial Crisis

NBER Working Paper No. w22827
Number of pages: 61 Posted: 14 Nov 2016 Last Revised: 17 May 2023
Simon Gilchrist, Raphael Schoenle, Jae Sim and Egon Zakrajsek
National Bureau of Economic Research (NBER), Brandeis University, Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 29 (829,512)
Citation 49

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8.

Macroeconomic Effects of Banking Sector Losses Across Structural Models

Downloads 145 (343,334)
Citation 3

Macroeconomic Effects of Banking Sector Losses Across Structural Models

FEDS Working Paper No. 2015-44
Posted: 09 Jul 2021
Francisco Covas, John C. Driscoll, Luca Guerrieri, Matteo Iacoviello, Mohammad Jahan-Parvar, Michael T. Kiley, Albert Queralto and Jae Sim
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, affiliation not provided to SSRN, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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Macroeconomic Effects of Banking Sector Losses Across Structural Models

BIS Working Paper No. 507
Number of pages: 53 Posted: 03 Aug 2015
Luca Guerrieri, Matteo Iacoviello, Francisco Covas, John C. Driscoll, Mohammad R. Jahan-Parvar, Michael T. Kiley, Albert Queralto and Jae Sim
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 107 (433,854)

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Banks, DSGE Models, Capital Requirements, Bank Losses

Macroeconomic Effects of Banking Sector Losses Across Structural Models

FEDS Working Paper No. 2015-044, FEDS Working Paper No. 2015-44
Number of pages: 52 Posted: 10 Jul 2015
Luca Guerrieri, Matteo Iacoviello, Francisco Covas, John C. Driscoll, Michael T. Kiley, Mohammad R. Jahan-Parvar, Albert Queralto and Jae Sim
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 38 (756,944)
Citation 3

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Bank losses, Banks, Capital requirements, DSGE models

9.

Market Power, Inequality, and Financial Instability

Downloads 137 (359,029)

Market Power, Inequality, and Financial Instability

FEDS Working Paper No. 2020-57
Number of pages: 41 Posted: 21 Aug 2020
Isabel Cairo and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 123 (391,228)

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Market Power, Inequality, and Financial Instability

Number of pages: 60 Posted: 27 Dec 2022
Isabel Cairo and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 14 (976,337)

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E21, E25, G01

10.

Financial Capital and the Macroeconomy: A Quantitative Framework

FEDS Working Paper No. 2011-27
Number of pages: 41 Posted: 20 May 2011
Michael T. Kiley and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 121 (394,528)
Citation 6

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Capital market friction, financial intermediary, capital constraint, liquidity based asset pricing, credit provision, uncertainty, aggregate fluctuation

11.

The Tradeoffs in Leaning Against the Wind

Downloads 117 (404,271)
Citation 4

The Tradeoffs in Leaning Against the Wind

FRB of Chicago Working Paper No. WP-2017-21
Number of pages: 52 Posted: 10 Nov 2017
Francois Gourio, Anil K. Kashyap and Jae Sim
Federal Reserve Bank of Chicago, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System
Downloads 97 (465,141)

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Credit risk, financial crisis, monetary policy

The Tradeoffs in Leaning Against the Wind

NBER Working Paper No. w23658
Number of pages: 45 Posted: 11 Aug 2017 Last Revised: 22 Feb 2023
Francois Gourio, Anil K. Kashyap and Jae Sim
Federal Reserve Bank of Chicago, University of Chicago, Booth School of Business and Board of Governors of the Federal Reserve System
Downloads 20 (913,557)

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12.

Financial Heterogeneity and Monetary Union

FEDS Working Paper No. 2018-43
Number of pages: 58 Posted: 29 Jun 2018 Last Revised: 21 Feb 2019
Simon Gilchrist, Raphael Schoenle, Jae Sim and Egon Zakrajsek
New York University (NYU), Brandeis University, Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 102 (446,341)

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13.

Misallocation and Financial Market Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs

FEDS Working Paper No. 2012-08
Number of pages: 21 Posted: 04 May 2012
Simon Gilchrist, Egon Zakrajsek and Jae Sim
National Bureau of Economic Research (NBER), Bank for International Settlements (BIS) and Board of Governors of the Federal Reserve System
Downloads 80 (520,280)
Citation 14

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Misallocation, financial market frictions, borrowing costs, firm-level evidence, total factor productivity, financial distortions, firms-specific borrowing costs

14.

Optimal Monetary and Macroprudential Policies: Gains and Pitfalls in a Model of Financial Intermediation

FEDS Working Paper No. 2015-078, http://dx.doi.org/10.17016/FEDS.2015.078
Number of pages: 56 Posted: 27 Sep 2015
Michael T. Kiley and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 69 (565,404)
Citation 12

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Bayesian estimation, DSGE models, Macroprudential policy, Monetary policy

15.

Investment During the Korean Financial Crisis: A Structural Econometric Analysis

NBER Working Paper No. w13315
Number of pages: 54 Posted: 24 Aug 2007 Last Revised: 20 Nov 2022
Simon Gilchrist and Jae Sim
National Bureau of Economic Research (NBER) and Board of Governors of the Federal Reserve System
Downloads 58 (617,590)

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16.

Financial Capital and the Macroeconomy: Policy Considerations

FEDS Working Paper No. 2011-28
Number of pages: 41 Posted: 20 May 2011
Michael T. Kiley and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 52 (649,711)
Citation 2

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Capital market friction, financial intermediary, capital constraint, Liquidity based asset pricing, asset purchase program, capital injection policy, regulatory capital standards

17.

Demand Shocks, Hysteresis and Monetary Policy

FEDS Working Paper No. 2022-80
Number of pages: 43 Posted: 06 Dec 2022
Jae Sim
Board of Governors of the Federal Reserve System
Downloads 29 (805,581)

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Demand shocks, Monetary policy, Hysteresis

18.

Misallocation and Financial Frictions: Some Direct Evidence from the Dispersion in Borrowing Costs

NBER Working Paper No. w18550
Number of pages: 30 Posted: 20 Nov 2012 Last Revised: 10 Mar 2023
Simon Gilchrist, Jae Sim and Egon Zakrajsek
National Bureau of Economic Research (NBER), Board of Governors of the Federal Reserve System and Bank for International Settlements (BIS)
Downloads 29 (805,581)
Citation 1

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19.

Monetary Policy and Financial Stability

FEDS Working Paper No. 2020-101
Posted: 13 Jul 2021
Isabel Cairo and Jae Sim
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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20.

Optimal Monetary and Macroprudential Policies: Gains and Pitfalls in a Model of Financial Intermediation

FEDS Working Paper No. 2015-78
Posted: 09 Jul 2021
Michael T. Kiley and Jae Sim
affiliation not provided to SSRN and Board of Governors of the Federal Reserve System

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21.

Financial Capital and the Macroeconomy: A Quantitative Framework

FEDS Working Paper No. 2011-27
Posted: 09 Jul 2021
Michael T. Kiley and Jae Sim
affiliation not provided to SSRN and Board of Governors of the Federal Reserve System

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22.

Financial Capital and the Macroeconomy: Policy Considerations

FEDS Working Paper No. 2011-28
Posted: 09 Jul 2021
Michael T. Kiley and Jae Sim
affiliation not provided to SSRN and Board of Governors of the Federal Reserve System

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23.

Monetary Policy and the Housing Bubble

FEDS Working Paper No. 2009-49
Posted: 02 Jul 2021 Last Revised: 01 Jul 2021
Jane Dokko, Brian M. Doyle, Skander J. Heuvel, Michael T. Kiley, Jinill Kim, Shane M. Sherlund and Jae Sim
Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System, affiliation not provided to SSRN, Board of Governors of the Federal Reserve System, Korea University, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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